RL Hulett：2026年第一季度全球软件与科技赋能服务行业并购市场研究报告（英文版）（22页）.pdf

1、Software&Tech-Enabled Services M&A UpdateQ1 2026For more information on R.L Hulett or this report please visit our website at ,call us at(314)721-0607,or contact a professional listed on this page.Software&Tech-Enabled Services M&A UpdateQ1 2026REPORT HIGHLIGHTS In Q1,the North American Technology S

2、oftware Industry Index decreased by 23.7%,underperforming the S&P 500 which saw a 4.2%decrease over the same period.The median EV/Revenue multiple for reported private equity deals in the Software&Tech-Enabled Services sector decreased to 2.9x in Q1 from 4.3x in 2025,but increased for strategic deal

3、s to 4.8x from 3.0 x in the prior year.M&A deal volume in the sector increased 12.5%in Q1 to 1,197 deals from 1,064 in Q4 2025,and increased 4.5%from 1,145 deals in Q1 of the prior year.North America was the most active region in Q1 with 564 deals.Most notably in North America was SpaceXs$250.0 bill

4、ion acquisition of xAI,a California-based developer of an artificial intelligence platform,in February 2026.Total capital invested in M&A transactions increased 672.7%in Q1 to$432.7B from$56.0B in Q4 2025 due primarily to the xAI deal mentioned above.Comparatively,the largest deal in Q4 was Salesfor

5、ces$8.0B acquisition of Informatica.REPORT CONTRIBUTORSTrevor HulettManaging DRyan HartmanACONTENTS3 Global Deal Analytics7 Valuation Multiples10 Leading M&A Deals13 Industry Outlook14 About R.L.Hulett16 Selected Transactions18 Our M&A TeamDax KugelmanAJim GoebelDSoftware&Tech-Enabled Services M&A U

6、pdate|Q1 2026|Page 3Source:PitchBook Data5084531002816Of the 1,197 deals in the Software&Tech-Enabled Services sector in Q1,North America was the most active with 564 deals.A notable North American deal in Q1(in addition to the xAI deal mentioned on the previous page)was Alphabets$32.0 billion acqui