Mergers and Acquisitions (M&A) stories - Page 13

A new report from N-able projects the IT managed services market will reach an estimated USD $610 billion by 2025, spurred by cybersecurity and AI advancements.

N-able's latest MSP Horizons Report reveals a buoyant outlook for the managed services sector, with 59% of providers expecting revenue growth of 20% by 2025.

Analytics platform provider Alteryx has appointed Jon Pexton as Chief Financial Officer and Steven Birdsall as Chief Revenue Officer to strengthen its leadership team.

Monta has appointed James Eyton as Chief Financial Officer to enhance its executive team, aiming for significant growth across Europe and North America.

DoiT has acquired PerfectScale, a Kubernetes optimisation platform, to bolster its ability to manage and secure containerised workloads more efficiently.

A recent Gartner survey reveals CFOs are broadening their roles, now heavily involved in data analytics, risk management, and AI strategies, enhancing enterprise profitability.

Sectigo has acquired Entrust's public certificate business, doubling its operations and enhancing its market presence in the rapidly evolving digital security landscape.

Mission Critical Group has completed the full integration of Mission Critical Facilities International, enhancing its manufacturing capabilities across the US.

TTC Group has appointed Roy Hastings as CFO to drive expansion into regulated training markets following strategic acquisitions including Miad Healthcare.

Banked has acquired Australian payment technology firm Waave, aiming to dominate the real-time payments market and enhance the Pay by Bank experience.

IntelligenceBank acquires Red Marker to bolster AI-driven marketing compliance, aiming to slash regulatory fines and speed time to market for global brands.

IFS has signed an agreement to acquire Copperleaf Technologies, aiming to finalise by Q3 2024. The move enhances IFS's AI-driven asset management capabilities.

Vertiv, a global digital infrastructure provider, reports over 100% capacity expansion since its 2021 acquisition of E&I Engineering and PowerBar Gulf, with future plans to double these figures by 2025.

French telecom giant, ACOME Group, has beefed up its European presence by acquiring Danish microduct manufacturer, LYNDDAHL Telecom, in a strategic push to dominate the fibre network materials sector.

In 2023, GRC SaaS company Diligent observed a record high of 21,784 new sanctions and a decline in FCPA enforcement actions.

M&A activity in Q4-2023 witnessed a record low due to factors like inflation and geopolitical instability, making deal numbers slide 27% globally.

Macquarie Asset Management has acquired a significant minority stake in data centre provider VIRTUS Data Centres.

EdgeConnex has announced it is expanding its presence in Asia with the acquisition of GTN Data Center in Indonesia.

Block, the company behind payment apps including Square, Cash App, Spiral, and TIDAL, is already making the most of Afterpay's buy now, pay later offering.

Autodesk acquires Moxion, a digital dailies firm, to expand its focus on media production and offer more integrations and features.