IT-Services M&A-Report: Public Cloud

Investor confidence continues to fuel M&A in public cloud infrastructure and services

Oaklins’ latest IT-Services M&A-Report highlights a resilient and strategically relevant public cloud market. Valuations have held up, and strategic buyers continue to drive consolidation—especially in Switzerland and the wider DACH region.

Key takeaways from the report:

• 686 global transactions in 2024 – matching the previous year’s level

• Switzerland stands out with high M&A density and strategic national deals

• Valuations remain firm with median EV/EBITDA multiples around 15.0x (smaller deals: ~10.5x)

• Recent transactions in public cloud infrastructure and services with Swiss participation

• Case studies include Global IT Group + enthus, and Atech + iomart

Download the full report for deeper insights.

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Our two industry experts will be happy to advise you on all matters relating to M&A transactions in the IT services sector or the broader technology, media and telecommunications sector.

Contact our local industry experts

Dr. Daniel Spring Bern, Switzerland
Partner
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Dr. Jürg Stucker Zurich, Switzerland
Partner
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