Shaw & Co, the specialist corporate finance advisory firm, has launched its second free interim analysis of the Technology, Media & Telecoms (TMT) industry.

The report, which features a summary of M&A deals that have been completed since the launch of Shaw & Co’s second annual TMT report last October, provides SMEs with valuable insight regarding their latest acquisition prospects.

The report’s key findings include:

• Deal activity has been buoyant in the TMT sector in the last five months, partly as a result of increased demand for these services over the past couple of years.

• The market for technology companies has changed in the recent months due to the tech stock slump, showcased by the high profile collapse of SVB. This has caused buyers to shift their focus towards profitability along with scale and valuations have fallen as a result.

• Whilst valuations are likely to start to come back up, it is very unlikely that we will see a return to thew sky high prices being paid following the pandemic. The market is more likely to settle at a more realistic level which was seen pre-pandemic.

A full copy of the report is available here