The Global Technology Market Review – Q1 2021

Deal valuations have continued to drive upwards as the technology market remains very strong for M&A and public trading and optimism for future growth remains very healthy across all the tech sectors we track.

M&A continues to be driven by strong levels of investment by private equity (directly and through portfolio companies) and large strategic corporates making sizeable, transformational acquisitions to step up their portfolios. Pandemic-resilient subsectors with proven sustainable growth trajectories continued to fetch the highest valuations. We expect this trend to continue with increasing deal activity throughout 2021.

Certainly at CG Results, Q1 was a dynamic quarter, with the business completing a number of high valuation transactions including ZigZag’s acquisition by Global Blue, BlueVenn’s acquisition by Upland Software and Tenzing’s investment in Metacompliance.

In our Global Technology Market Review, we analyse valuations, M&A activity and broader trends in the key technology markets of enterprise software, technology services and cybersecurity. We hope that you enjoy this report and look forward to discussing the data and underlying themes with you. If you are contemplating fundraising, exit or growth through acquisitions, please do get in touch.