2025 MSP M&A Deal volume surges ~20% with 466 deals and $4.3B in value

Market expected to grow to $850 Billion by 2034

Drake Star’s Q4 2025 MSP Market Report reveals continued strength in the global managed services sector, details surging deal activity, key metrics and prevailing global dynamics, and strategic priorities shaping 2026.

Key Highlights:

• Deal activity up ~20% YoY with 113 deals in Q4 alone
• Strategic buyers dominate with the top 10 each closing 5+ MSP deals
• MSPs with scale, cyber maturity & operating rigor are winning
• $850B market forecast by 2034 fueled by complexity and cost efficiency
• Cross-border M&A remains robust, with 58% of Q4 deals in Europe
  
  

Sam Levy, Partner, Drake Star notes: “Looking ahead, we expect 2026 MSP M&A activity to be defined less by volume and more by intentional consolidation, with capital flowing toward platforms that combine scale with execution.

The market has moved beyond growth for growth’s sake, and into a phase where strategy, integration, and operating rigor increasingly determine transaction outcomes.”

Get the full breakdown, deal specifics, charts, highlights, and commentary in our latest industry report.

Download the full report below.