The Enterprise Stack – Q1 2022

The private M&A market witnessed a record quarter for deal volumes in Q1 2022, reaching just shy of 600 deals. This was delivered on the back of continued adoption of cloud technologies, increased investment into hybrid work environments and software vendors seeking to deepen their security posture.

CG Results advised AI-powered brand language optimisation platform Phrasee on its majority investment from Capital D, Lumi Global on its recapitalisation from Vespa Capital, Datapharm on its investment from CGE Partners and Redstor on its investment from Bregal Milestone.

The public markets saw a notable slowdown in activity, against a backdrop of geopolitical uncertainty, which prompted some listings to be put on hold. This is expected to normalise later in 2022 with a flurry of Big Data platforms all lined up to go public in H2 including Databricks, Cohesity and Qlik.