1、The Drake Star Partners Global Digital Services team is pleased to present the 14th edition of our quarterly Digital Services Report.This provides updates on industry happenings such as important news and events,mergers and acquisitions activity,and insights into the present and future trends impact
2、ing major areas of investment within the industry,including:DIGITAL TRANSFORMATION CLOUD MIGRATION TECH-ENABLED SERVICES SECURITY SERVICES BUSINESS INTELLIGENCE&DATA ANALYTICS+49 173 3930070Linkedin-Free social media +33 6 87 99 05 37Linkedin-Free social media +44 777 305 2247 Linkedin-Free social m
3、edia +1 646 245 3550Linkedin-Free social media icons3(1)Drake Star analysis based on M&A and Private Placement dataThe Digital Services sector remained active and resilient despite a challenging macro-economic environment in 2024.In particular,we have seen continuous appetite from the Private Equity
4、 community for acquisitions of assets with resilient business models led by disruptive technologies and strong management teams.Overall Digital Services M&A activity in Q4 increased,totaling 390+&$8.0bn+disclosed M&A deals,with consistent fundraising transactions at 430+&$8.5bn+disclosed fundraises1
5、,including:Atlantic acquired BrainSell for an undisclosed amount EPAM Systems acquired First Derivative for$293m G42 acquired CPX for an undisclosed amount Sia Partners raised$263m of development capital from Blackstone SDG raised an undisclosed amount of development capital from Recognize Partners
6、VFS Global raised$950m of development capital from Temasek HoldingsWe anticipate increased momentum in M&A and fundraising activity from Strategics and Private Equity,as businesses continue to prioritise Digital Transformation initiatives to enhance margins and strengthen the resilience of their ope