IT Services M&A Update

In this issue: 

• Overview: “Rationality”
  While 2007 was a strong year for M&A activity in the IT Services sectors covered by Updata, it was also a year of marked contrasts… read more>>
  
• 2008 Outlook
  While we expect to see the tempering impact of slow economic growth in 2008 across several Services subsectors, we also predict that M&A activity will remain reasonably strong… read more>>
  
• 2007 In Review
  • Repeat Services Acquirers: Certain Services companies have been extremely active buyers in recent years… read more>>
  • Deal Size Rose and the Roster of Publicly-Traded Firms Shrank: 2007 was notable for an above-average number of large Services M&A transactions... read more>>
  • Premiums Paid in Certain Sectors: The deals presented in Figure 7 commanded much higher multiples than we traditionally associate with Services M&A averages… read more>>
  • Valuation Differentials by Subsector:  Using median metrics across a wide range of 2007 Services M&A transactions, Digital Marketing Services firms were at the top of the list of high… read more>>
• Conclusion
  As we enter 2008, our sense is that we have the makings of a good Services M&A year ahead of us… read more>>
  
• Appendix: Updata IT Services Stock Performance Index by Sub-Sector
  Updata’s IT Services Publicly-Traded Stock Indices for seven sub-sectors vs. NASDAQ performance over 2007… read more>>