News

Digital Services Industry Update | Q4 2022

30 Jan 2023

Drake Star Global Digital Services team is pleased to present the Q4 2022 Digital Services Report. The Digital Services landscape has seen astonishing momentum throughout Q4 2022 and continues to be the cornerstone of tech industry’s growth.

Download the report for a comprehensive view of M&A activity and insights across Digital Transformation; Cloud Migration; Tech-enabled IT Services; Cloud Providers; Security Services; and Business Intelligence.

All sub verticals saw significant deal making activity in Q4 2022 with 330+ M&A deals & $14bn+ disclosed, and 290+ fundraises & $4bn+ disclosed, including:

  • Omega Systems acquired TNS Group for an undisclosed amount, advised by Drake Star Partners
  • Quad-C acquired Synoptek for an undisclosed amount, advised by Drake Star Partners
  • Farner International acquired VIM Group for an undisclosed amount, advised by Drake Star Partners
  • Audensiel acquired Cognodata for an undisclosed amount, advised by Drake Star Partners
  • Many others outlined in the full report (download below)
Download

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