GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:
79 deals announced
Median multiple of 2.0x
$60.1B announced total deal value year to date in technology M&A activity with 1,205 closed transactions announced
Notable deals in technology M&A include:
Concentrix to Acquire Webhelp – Read More
Concentrix Corporation (Nasdaq: CNXC), a leading global provider of customer experience (CX) services and technologies, today announced they have entered into an agreement to combine with Webhelp in a transaction valued at approximately $4.8 billion, including net debt. Webhelp is a recognized leader in the market, specializing in CX, sales, marketing, and payment services with a strong client and delivery footprint in Europe, Latin America, and Africa. The combined company, with approximately $9.8 billion in estimated pro forma 2023 annual revenues and a complementary global presence, will be uniquely positioned to grow faster than the market and transform customer experiences with innovative technology for the world’s best brands.
Keywords Studios to Acquire Digital Media Management – Read More
Keywords Studios, the international technical and creative services provider to the global video games and entertainment industries, has acquired Digital Media Management Inc (DMM), a leading US-based full-service social media agency.
Believe to Acquire Sentric – Read More
Believe, one of the world’s leading digital music companies, announces the acquisition of Sentric, an independent tech-powered music publishing platform, as its first break into building a digital-first innovative music publishing business.
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