September 14, 2022, New York, NY – Madison Park Group is pleased to announce we have been named a finalist for 3 awards of the 21st Annual M&A Advisor Awards. Our client success of AgileAssets’ sale to Trimble in December 2021 was nominated for M&A Deal of the Year, IT Deal of the Year, and Strategic Deal of the Year. Congratulations to Jeff Herriman, R. Drew Ogden, Michael Magruder, and all parties involved on another client success!
Fall 2022 Software & Technology M&A Market Update
Tech M&A volume remains resilient with +1,400 transactions completed in Q3, representing a 20.7% QoQ decline. We continue to see both financial and strategic buyers retrench around cash flow security and by pursuing less transformative M&A at lower prices, as evidenced by a +48% YoY decline in deal value. Unsurprisingly, some strategic buyers have discontinued M&A programs in light of market volatility.