Update: IT Services M&A Update – February, 2018

February, 2018

In 2017, strategic buyers accounted for 90% of the IT Services M&A transactions with financial buyers making up the difference; during 2016, strategic buyers accounted for approximately 95% of the transactions.

Select recent notable publicly announced M&A transactions:

– Silver Lake and P2 Capital Partners, LLC acquired Blackhawk Network Holdings, Inc. (Nasdaq GS:HAWK) for approximately $4 billion.

– SS&C Technologies Holdings, Inc. (Nasdaq GS:SSNC) acquired DST Systems, Inc. (NYSE:DST) for approximately $5.8 billion.

– Total System Services, Inc. (NYSE:TSS) acquired Cayan LLC for approximately $1 billion.

– Iron Mountain Incorporated (NYSE:IRM) acquired IO Data Centers, LLC for approximately $1.3 billion.