Drake Star’s latest MSP Market Report highlights continued strong M&A and private placement activity driven by IT services outsourcing, operating cost efficiencies, and the rapid deployment of new technology. The report provides a deep dive into M&A activity for Q3, key industry trends, expected market growth, the most active strategic buyers and private equity investments in the space. Download the full PDF below for more insights.
Some of our key takeaways include:
- The global managed service market is expected to reach $552 billion by 2032, with IT complexity, cost efficiency, and cybersecurity challenges driving robust demand.
- Q3 2024 saw 77 transactions, more than 2x the number of deals in Q3 2023
- Strategic buyers remain a driving force with 6 of the top 10 players investing in at least three MSPs
For more insights on the MSP market, click below to download the full PDF.
Full
