What’s The Forecast for Tech M&A?
Results of the 2022 Tech M&A Market Survey
Morrison Foerster is pleased to share with our clients and friends the results of our 2022 Tech M&A Market Survey, published in conjunction with Mergermarket. In Q2 2022, Mergermarket surveyed 300 dealmakers from around the world in order to gain valuable insights into the future of technology-related M&A.
According to the findings:
- 80% of private equity (PE) firms and 71% of corporates expect aggregate tech M&A deal volumes to increase over the next 12 months.
- 82% of PE firms and 83% of corporates expect the value of the average tech deal to rise over the coming year.
- 44% of corporates cite joint ventures as the most important deal structure that they might employ over the next 12 months, whereas the largest share of PE firms reference club deals (25%).
- 51% of respondents point to artificial intelligence (AI) as the tech subsector that offers the best M&A opportunities over the next 12 months.
- 50% of European respondents, 46% of North American dealmakers, and 43% of their peers in APAC, expect antitrust scrutiny of tech M&A to become significantly stricter over the next three years.
"I’m emboldened by the results of this year’s Morrison Foerster/Mergermarket Tech M&A survey. Despite market volatility, global dealmakers continue to prioritize technology acquisitions, especially in heated sectors like artificial intelligence and machine learning. While deal numbers for 2022 were never going to reach the historical peaks of 2021, deal activity remains steady, and dealmakers are cautiously optimistic for the future." — Brandon Parris, co-chair of Morrison Foerster’s global M&A practice