News Article

Global Digital Services Industry Update | Q1 2022

Written by DrakeStar | Apr 12, 2022 3:12:22 PM

EUROPE | USA | April 12th, 2022 – Drake Star Global Digital Services team is pleased to present the Q1 2022 Digital Services Report. The Digital Services landscape has seen astonishing momentum throughout the start of 2022, marking a tremendous start to the year. 76% of CEOs will adopt a sharper focus on digitalization, scalability, and inorganic growth strategies. This continues to create opportunities for M&A in the space as highly sought-after deals for world-class technology and innovative capabilities will continue to demand a premium. Q1 2022 has seen an uptick in Digital Services transactions with 335+ M&A deals and $35bn+ disclosed and 355+ fundraises with $7bn+ disclosed, including:

  • NTT DATA acquired by Vectorform for an undisclosed amount
  • Bain Capital acquired French IT Services firm Inetum for $2.2bn
  • Alteryx acquired Trifacta for $400m to create an end-to-end analytics automation platform.
  • Securonix received $1bn+ of development capital led by Vista Equity Partners
  • Megazone Cloud received $442m of funding led by Kt Investment
  • Fractal Analytics raised $360m from TPG, valuing the company at $1bn

Drake Star Global Digital Services Team:

Ralf Philipp Hofmann, Christophe Morvan, Gaby Silvestris.

 

Inquiries
For further inquiries, please contact:

Ralf Philipp Hofmann
Managing Partner & Co-Founder | Drake Star
e-mail: ralf.hofmann@drakestar.com


Christophe Morvan
Managing Partner | Drake Star
e-mail: christophe.morvan@drakestar.com


Gaby Silvestris
Partner | Drake Star
e-mail: gaby.silvestris@drakestar.com