M&A Update Technology Sector

Q4 2021

M&A market developments and the valuation environment in Q4

High M&A activity at the end of 2021 in the ‘hot’ Technology sector

After a positive development of the Tech M&A market in the first half of 2021, the trend has continued with a strong finish in the fourth quarter of 2021. The German Tech M&A market increased from around 100 completed transactions in the third quarter to 140 transactions in the fourth quarter of 2021. Alongside valuation levels have been largely stable throughout the end of the year. Our report analyses the current valuation development and addresses the following main topics:

The development of the global M&A activity as well as background information on selected transactions

The development of the current valuation level in Europe

The development of the various sub-segments in the tech stock market

Furthermore, we present one of our latest TMT deals: the sale of Garz & Fricke Group, a leading German supplier of standard and custom edge HMI solutions, to SECO S.p.A., a reference player in the field of technological innovation, IoT and artificial intelligence solutions listed on the Italian Stock Exchange STAR.

We hope you enjoy reading the report and look forward to exchanging ideas with you soon.