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Deal Releases News Market Reports

Deal Releases:

Data management automation pioneer TimeXtender joins forces with Monterro to accelerate growth

12 May 2022 Read More
Heine Krog Iversen Time Xtender
ICON advises VaultSpeed on its $15.9 million Series A funding led by Octopus Ventures

ICON advises VaultSpeed on its $15.9 million Series A funding led by Octopus Ventures

16 Nov 2023

ICON has advised VaultSpeed, the automated data transformation company, on its $15.9 million (€ 15.1 million) in Series A funding. This funding round is led by Octopus Ventures, one of the largest…

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ICON advises TravelLocal on its £8.3 million Series B to accelerate international growth

ICON advises TravelLocal on its £8.3 million Series B to accelerate international growth

27 Sep 2023

ICON has advised TravelLocal, a leading brand and online marketplace platform for tailor-made holidays, on its £8.3 million Series B funding round to accelerate international growth. ICON introduced…

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Data Tech
Acquired
Equalum

ICON serves as corporate development advisor to real time data integration startup Equalum

24 Aug 2023

ICON serves as corporate development advisor to real time data integration startup EqualumEqualum, headquartered in Israel with offices in the UK and United States, provides real-time data…

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ICON Corporate Finance advises Sideways 6 on its acquisition by Interact Software

ICON Corporate Finance advises Sideways 6 on its acquisition by Interact Software

20 Apr 2023

ICON has advised Sideways 6, an integrated crowdsourcing and idea management platform, on its acquisition by Interact Software, a leading intranet solution provider for enterprise businesses across…

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Mayfair Equity Partners invests in tech-enabled language services provider Jonckers

Mayfair Equity Partners invests in tech-enabled language services provider Jonckers

06 Apr 2023

We are delighted to announce the investment into Jonckers, a leading tech-enabled language services provider (LSP) from Mayfair Equity Partners. Mayfair Equity Partners (London) has acquired a…

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News:

Bytes from the Bay: Strategically out of place

08 Aug 2023

Venture-backed startups are better known than their bootstrapped peers for achieving wildly high growth rates and amazing M&A valuations. But those same companies are right now finding themselves…

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Bytes from the Bay: View from London - AI supporting VC, M&A and public markets

14 Jul 2023

Despite a difficult 2022 for technology stocks and continued macroeconomic uncertainty, with H1 2023 now firmly in the rear-view mirror, public markets appear eager to lift off again with the NASDAQ…

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Archive

Market Reports:

2023 IT Managed Services (ITMS) M&A Snapshot

2023 IT Managed Services (ITMS) M&A Snapshot

06 Dec 2023

ICON's UK IT Managed Services (ITMS) Snapshot shows that buyers have remained very active, with nearly 60 M&A deals closed in the sector so far in 2023. Highlights from the snapshot, which shows all the buyers and valuations, include: strategic buyers from adjacent sectors accounted for a chunky 61% of deals; foreign buyers account for less than one in four deals, and perhaps surprisingly, with the higher interest rates, over 50% of deals were still private equity related. We remain very active in the sector and continue to see really good buyer interest, which is great for building competitive tension. As a result, we see the better quality targets are still achieving >10x EBITDA.

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2023 Q3 UK Technology M&A Snapshot

2023 Q3 UK Technology M&A Snapshot

10 Oct 2023

Summers are quieter in M&A. This year was no different, despite the soggy weather. The biggest headwind though (to continue the weather analogy) was the fall in US bond markets, reveals ICON's UK Tech M&A Snapshot Q3 2023. Although inflation is falling, it is still high and investors now believe rates will have to stay 'higher for longer'. As a result, rates are at 20-year highs and longer dated bond yields are over 100bp higher than 6m ago. Investors no longer expect significant rate cuts ahead, dampening the big US tech rally.

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