The IT M&A Deal Trends Q2,2025
Published on 03 Oct, 2025
The IT M&A market gained strong momentum in Q2 2025, reaching $255.0B in deal value—up 19.7% QoQ and 37.8% YoY—and accounting for 24.7% of global M&A activity. Growth was driven by AI-led investments, with Big Tech fueling a major capex cycle and Enterprise SaaS M&A reaching record levels. The newsletter also highlights emerging tech trends for 2025, including Agentic AI, custom semiconductors, and bioengineering. In Enterprise SaaS M&A, key trends included rising valuation multiples YoY (avg. 6.1x EV/TTM revenue).
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