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IT Services
IT services offers unique opportunities and challenges to managers, acquirers and investors alike. Clients need an adviser with deep understanding of the sub-sector, who can move quickly enough to help capture opportunities as they arise.
MEET the team
Featured IT Services Transactions
Silent Break Security
has been acquired by
NetSPI, a portfolio of Sunstone Partners
The Corridor Group
has received financing from
Brightwood
PDS Intressenter AB
has been acquired by
CapMan Buyout
Cummins-Allison
has been acquired by
Crane
Deutsche Beteiligungs AG
has acquired
Iska Schön GmbH
Cardinal Solutions Group
has been acquired by
Insight Enterprises
The Instant Group
has been acquired by
Bowmark Capital
Quadrant 4 Systems Incorporated
multiple assets have been sold pursuant to §363 of Chapter 11 of the United States Bankruptcy Code
Multiple Counterparties
iBiz Solutions
has been acquired by
TeleComputing
Advocate Solutions, LLC
Has been acquired by
TZP Group
Autodata
has been acquired by
Solera Holdings, Inc.
Allgon
has acquired
WSI
LogicMark
has been acquired by
NXT-ID, Inc.
Spectralink, a portfolio company of Sun Capital
has raised financing from
The Private Bank
Comet Global Consulting
has been acquired by
Merkle Inc.
Javelin Group
has been acquired by
Accenture
Ding
has acquired
iSend
Solera Holdings, Inc.
has acquired
Cap Automotive
Autodata Publishing Group
has been acquired by
Bowmark Capital
Deutsche Beteiligungs AG
management buy-out of
STG Braunsberg GmbH
Featured Insights
- BlogFive ways an investment bank delivers real value to business ownersWhen entrepreneurs consider selling their company, many often think, “No one knows my company better than I do, and I know what my company is worth. Why hire an investment banker and pay fees when I can probably do a better job myself?” Entrepreneurs often know peers who have hired investment...
- BlogThere Is Opportunity, Despite a Depressed M&A Market in the First Half of 2020Download the pdf. In this edition of our market update, we broaden the scope of our typical analysis to include the M&A market as a whole. The result is a conclusion that will sound familiar to our previous article, total deal value and company valuations are down on a reduced number of...
- BlogPublicationsWhat to expect when expecting a covenant defaultDownload the pdf. When the US first began to react to Covid-19, many insiders assumed the pandemic would cause immediate technical and payment defaults throughout the middle market. Since wide-spread economic lock-downs did not start until the last two weeks of March 2020, most borrowers were, in...
- BlogCovid-19's impact on middle market M&A and businessLivingstone hosted a webinar on April 23, 2020 discussing the impact Covid-19 has had on M&A, the capital markets, and how businesses can best navigate the current volatility. Brennan Libbey and Colin Campbell, Co-Heads of the firm’s IT Services practice, and Mark Birkett, Co-Head of Livingstone’s...
- BlogIs this the “new normal”?First, and foremost, our thoughts go out to all our readers. We hope you, your families, and your colleagues are all healthy and weathering this unprecedented time. People should always come first in business, so we hope that you are prioritizing your team’s health and wellbeing. While...
- BlogHere we go again: reflections on the current marketAs I reflect on my nearly 25 years in the middle market deal business, all I can think is, “wow, what a ride.” Now, witnessing the debilitating effect the Covid-19 pandemic is having on mid-market M&A and the corresponding debt markets, I can’t help but think, “here we go again.” We have been here...
- BlogDebt Capital Markets update: what comes next?Our earlier debt market update noted lenders, management teams, and private equity owners spent the first few weeks of the coronavirus shutdown focused on liquidity. Thus far, companies have done what they can to bolster their cash positions in order to weather the current market disruption,...
- BlogPublicationsApril 2020 Debt Capital Markets UpdateIn the wake of Covid-19, liquidity is a common focus coming out of countless conversations with lenders, private equity investors, and owner-operators.
- BlogQ3 2019 | IT services M&A trends & sector updateLast quarter, we saw early indications of weakness in the IT services M&A market and I raised the question as to whether this was a sign of things to come. We all agree this bull is getting long in the tooth, and have proven time and again that no asset class will go up in value forever. That’s...
- BlogMarch 2020 Debt Capital Markets updateLike many of our colleagues across the industry, the Livingstone team has temporarily relocated to our home offices, dining room tables, and kitchen counters. As has been the case across nearly every industry, the Covid-19 virus pandemic has had an immediate and significant impact on the M&A and...
- BlogQ2 IT services M&A trends & sector updateThe IT Services M&A market has been humming along and what we’ve seen so far this year doesn’t seem off-key. Middle-market transaction volume is strong and valuations are generally in line with historical averages. Simply put, there are plenty of public acquirers with money to spend on the right...
- Publications2019 Global Business Services ReportThe Livingstone Global Business Services Report provides insights into the trends and activities driving one of the largest sectors of the global economy. A sector of extreme breadth and depth, the industries contained within it generally consist of asset-light, people-heavy businesses, providing...
- BlogBusiness services M&A trends and sector updateBusiness services represents one of the largest sectors of the global economy. In the US alone, the sector has about 400,000 businesses with a combined $870bn in annual sales.
- BlogIT strategy impacts business valueAcquisition targets with a good IT story tend to sell at higher multiples: buyers generally give a 1-2x EBITDA premium to businesses leveraging technology