Megabuyte CEOBarometer - September 2024 update

While it feels like most tech CEOs are getting on with the new norm, the statistics over the summer tell a different story. While UK tech sector share prices were solid across July and August, and valuations are generally stable, corporate activity in all categories was down, even in the otherwise resilient private equity sector, where weak MBO numbers mean that year-to-date deal volumes are now flat. M&A activity also remains muted with increased polarisation between ICT Services and Software, with the latter enjoying decent deal volumes and some chunky transactions over the summer. The same goes for venture and growth capital, where activity is stubbornly refusing to recover. Some of this weakness is likely to result from the decision to delay liquidity events made after the snap election was called. But now, many will be waiting to see the details of inevitable tax changes coming in the budget.

About this podcast

The CEOBarometer podcast is a monthly publication hosted by Ian Spence, Founder and Chairman of Megabuyte. In each episode, Ian provides expert analysis of key trends in UK tech M&A, capital markets, private equity, and venture capital, and explores their implications for the boards of UK tech companies.

Megabuyte supports UK scale-up and mid-market Software and ICT Services companies to develop robust growth strategies, understand their competitive landscape and customer sentiment, benchmark their financial performance and valuation, and identify and track M&A targets.

Learn how at www.megabuyte.com or search ‘Megabuyte for CxOs’.

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News Analysis 01m 00s

Capital Markets 10m 37s

Private Equity 18m 18s

Venture & Growth Capital 25m 44s

M&A 31m 38s