???????????????????? Intelligence - Vol. 1

???????????????????? Intelligence - Vol. 1

Welcome to our first issue of martinwolf Intelligence, a newsletter that keeps you up-to-date with IT Sector transactions, analysis, M&A valuations, upcoming IT conferences, Two Minute Takes, and more.

Video of the Month

Two Minute Takes cover industry topics and tidbits in two minutes or less. In this video, founder Marty Wolf recounts his experiences over the last 27 years in M&A that epitomize the saying, "Pigs get fat, hogs get slaughtered."

Watch more videos here


Scoreboard

Released monthly, Scoreboard tracks the median multiples of M&A deals in the IT sector by collecting data on recent transactions and calculating the median enterprise value to EBITDA multiple for each deal.

"Valuation multiples of North American IT Services and Supply Chain companies have remained consistent since early 2023, while volatility is apparent in international markets and the enterprise software space." - Walter Yoon , SVP at martinwolf

January 2024 Scoreboard

Tracker

Published weekly, Tracker combines?martinwolf‘s U.S., India, and China transaction indexes and compares them to public stock exchanges. These transactions are in the IT & IT Enabled Outsources Services, IT Supply Chain Services, Software, and SaaS segments.

"Our team of data scientists and analysts research three global categories: IT Services & BPO, IT Supply Chain, and Software. We labor over transaction comps for each business vertical in the IT Sector, and project 2024 transaction levels to approach that of 2021/2022." - Michael Rosholt , VP at martinwolf

Week of 1.02.24-1.08.24

Week of 1.09.24-1.15.24

Week of 1.16.24-1.22.24

Week of 1.23.24-1.29.24

* Tracker and Scoreboard authored by Alec Buchenic , Associate at martinwolf.


Spotlight

Through Spotlight, martinwolf tracks noteworthy IT mergers and acquisitions in real-time and publishes a deal analysis relating to industry impact, accretive values, and long-term strategic growth.

Hewlett Packard Enterprise to Acquire Juniper Networks

martinwolf?Analysis

  • HP History: On November 18, 1999 Agilent spun out of HP. Agilent has a market cap of around $38.25 billion. On November 2, 2015 Hewlett-Packard split into HPQ and HPE. HPE has a market cap of $21.35B and HPQ has a market cap of $30.06B.
  • Microsoft Dominance: Just to put this into context, Microsoft has had share price movements after earnings that are greater than the combined value of HPE, HPQ, Agilent, and Juniper.

Read more here.


Conferences

Providing news on upcoming conferences where a martinwolf team member is speaking or attending. Take a look and let's talk at an upcoming forum.

ITEXPO #TECHSUPERSHOW and MSP Expo , February 13-15, 2024 in Fort Lauderdale, Florida

  • martinwolf Associates President TIM MUELLER will be speaking on an M&A panel on February 15th. Here's how to Attend "Understanding Both Sides of the M&A Paradigm" panel discussion.
  • Click here to find a time to meet with the team.

MSPrescue, March 27, 2024 in Los Alamitos, California

  • martinwolf Associates President TIM MUELLER will be discussing how MSPs can "get in position to be in position" for a sale.
  • Click here to find a time to meet with the team.


Let's talk

If you'd like to learn more about current trends and valuations in the IT Sector or are contemplating a sale, contact Cindy Thomas at [email protected]


martinwolf Scoreboard Featured Companies

IT Services - North America

埃森哲 , CGI , EPAM Systems , Booz Allen Hamilton , 简柏特 , DXC Technology , CACI International Inc , Perficient , ICF , 优利系统 , The Hackett Group Inc. , ISG (Information Services Group) , RCM Technologies, Life Sciences ,

IT Services - Europe

凯捷咨询 , Amadeus , Globant , Sage , Reply , Endava , Netcompany , 源讯 , ALTEN , Sopra Steria , Tietoevry , Kainos , Indra Sistemas UK Branch , Wavestone , NEURONES , Aubay , NNIT , Allgeier Group , Columbus , Prodware ,

IT Services - India

塔塔咨询服务公司 , 印孚瑟斯 , 高知特 Cognizant , 维布络 , HCLTech , Tech Mahindra , LTIMindtree , Mphasis , L&T Technology Services , Persistent Systems , ORACLE FINANCIAL SERVICES SOFTWARE LIMITED , Coforge , KPIT , Birlasoft , Cyient , Mastek , Zensar Technologies , Sonata Software , SONDA , Sasken Technologies Limited , XCHANGING SOLUTIONS LIMITED , 3i Infotech Ltd. , Allied Digital , Rolta India Limited

IT Professional Services - China

IEIT SYSTEMS , 中软国际 , 东软 , Wonders , 华胜天成 , 博彦科技 , Shenzhen SYN Technology Co., Ltd , Insigma Technology Co., Ltd , 北京华宇软件股份有限公司 , Ronglian Group Limited , 江苏金智科技股份有限公司 , 荣科科技股份有限公司

IT Staff Augmentation

Robert Half , ASGN Incorporated , 万宝盛华 , Insperity , TechnoPro Holdings, Inc. , PageGroup , Kforce Inc , Heidrick & Struggles , Mastech Digital , Hudson Global Partners

IT Solutions Provider - North America

CDW , Insight , Converge Technology Solutions Corp. , ePlus inc. , PC Connection, Softchoice

IT Solution Provider - Europe

Bechtle , Softcat , Computacenter , CANCOM , SoftwareOne , Atea ASA , Crayon , Asseco Poland , Dustin , Datatec Limited (JSE: DTC) , Comarch , Bytes Software Services

IT Distributors

TD SYNNEX , 艾睿电子 , 安富利 , ScanSource

SaaS

Salesforce , ServiceNow , Workday , Twilio , Splunk , HubSpot , Paycom , SS&C Technologies , NICE , 费埃哲公司 , Paylocity , Xero , Sage , New Relic , Envestnet , Software AG , Zuora

Enterprise Applications

微软 , 甲骨文 , Adobe , Intuit , SAP , IBM , VMware , Veeva Systems , 惠普企业服务 , 埃思本软件 , Manhattan Associates , Tenable

Cyber Security

Palo Alto Networks , Fortinet , CrowdStrike , Zscaler , Okta , Akamai Technologies , Check Point Software , F5 , 趋势科技 , CyberArk , Rapid7 , Tenable Holdings Inc , Qualys , Varonis , 航天信息 , SolarWinds , Radware , WithSecure , Secureworks , Techpoint, Inc. , GenDigital Academy


Explore Tracker Featured Companies

IT Services & BPO

Rebura LTD. , Westcon-Comstor , Strategic Telecom Partners , UPSTACK , Citrin Cooperman , STORDATA , Elyan Partners , Security Shift Group , 5G Networks Ltd , Lancom Technology , Evergreen , Aspirant , Wavestone

Software

FabTime Inc. , Inficon Holding AG , Mobiess , Bellrock Group , Eyecarelive Inc , Visibly , eloomi , Ceridian , Cliently , Banzai , Thrio , Nextiva , Scailable - Acquired by Network Optix , Network Optix , TRAKK , TAGGR AB , Elevar , Buxton , American Healthtech, a PointClickCare Company , PointClickCare , Habu , LiveRamp , Chaintrust , Visma , Above Property Services (APS) , IBS Software , Accertify, Inc. , Accel-KKR , Cured by Innovaccer , Innovaccer , Billing Dynamix, LLC , ClinicMind , Sayari , TPG, Inc.


Questions about martinwolf Intelligence? Contact [email protected].


? martinwolf M&A Advisors 2024


What an exciting roundup! ?? As Leonardo da Vinci said, "Learning never exhausts the mind." Your dedicated insights surely enrich the intelligence community. By the way, for those looking to make a different kind of impact, consider joining the upcoming sponsorship for the Guinness World Record of Tree Planting ??. Find details here: https://bit.ly/TreeGuinnessWorldRecord. Keep fostering growth, in knowledge and nature! ??

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Dylan Tober

Business Architect and Development Manager @ IT ExchangeNet

1 年

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