Insights

For owners of Google Cloud consultancies considering a sale: who the buyers are, who stands behind them, and what to establish before you answer an offer.

If you sell an SAP consultancy, your buyer will almost certainly be another services business: a global integrator, a private-equity-backed roll-up, or a listed SAP specialist. We counted 369 acquisitions of SAP-focused firms between 2015 and 2025, and unlike most partner markets this one has real serial buyers, led by NTT DATA at around 23 […]

Between 2015 and 2025, we recorded 28,449 announced acquisitions of software companies worldwide. Annual volume rose from 1,679 deals in 2015 to 3,105 in 2025, with a peak of 3,491 in 2021 followed by a two-year correction. This article ranks the top strategic buyers of software companies across all eleven years, using proprietary counts from the Aventis Advisors deal database of more than 125,000 transactions. Most rankings of software acquirers cover a single year. Eleven years of data tell a different, and more useful, story.

Who is buying software testing and QA firms? The most active acquirers, 2015-2025, ranked from 11 years of deal data. Smallest IT services line.

A 2019-2025 data review of the ten largest TIC and TICC companies

Most founders sell a company once; there is no second attempt at picking the right M&A advisor. This guide maps 21 years of IT services deal data into four groups of advisors, so you can see where a deal like yours belongs, what each group charges, and how to choose well the first time.