MSP M&A activity surges 4x in 1st Half 2024; Reaches highest level in over 2 years

Drake Star’s latest MSP Market Report details the surge of M&A activity in the sector as IT complexity & cost efficiency continue to drive robust demand. The report provides a deep dive on M&A activity, key market dynamics, deal counts in the US and Europe, the most active strategic consolidators, and other important trends. Download the full PDF below for more insights.

Some of our key takeaways include:

• The global managed services market is expected to reach $552 billion by 2032, with IT complexity, cost efficiency, and cybersecurity challenges driving robust demand.
  
  
• 1^st Half 2024 saw 235 transactions a 4x increase vs. 2^nd half 2023.
  
  
• The larger MSPs continue to consolidate the market and drive M&A activity, with each of the top 10 making at least 2 investments.

For more insights on the MSP market, click below to download the full PDF.