1、London|Frankfurt|Stockholm|San Francisco1|14 Enterprise Software M&A Overview 2H 2022Enterprise Software M&A boasts strength and resilience.in 2021.It has shown no sign of slowing:businessesworldwide continue to adopt cloud-based EnterpriseSoftware to modernise and escalate operations,andthus bank o

2、n attractive business opportunities.Forexample,artificial intelligence,machine learning,andblockchain technology are instrumental to formingflexible supply chains that can act on predictiveintelligence.This is expected to drive up enterprisesoftwareM&A,asbusinessesimplementquicksolutions to take adv

3、antage of disproportionately highmarket demand.Secondly,as Enterprise Software targets are entitled tosubstantial recurring revenue streams,they provide ameasure of recession-protection that naturally appealto acquirers,serving as a haven for investors perishingdry powder throughout current inflatio

4、nary periods.Unsurprisingly,therefore,theglobalEnterpriseSoftware market size is,according to Business Wire,projected to continue its fast-paced growth at aCAGR of 6.5%between 2022 and 2027.The global M&A market saw a sizeable spike in 2021across all industries,leading many analysts to questionwheth

5、er such highs would be short-lived.Theirskepticism proved correct:early into 2022,broadermarket confidence deteriorated as several geopoliticaland macroeconomic events made headlines,includingpost-pandemic inflationary pressures,armed conflict inUkraine,broken supply chains,and central banks hikingi

6、nterest rates in an attempt to curb inflation.As a result,global M&A shrank 27%YoY between1H2021 and 1H2022.Enterprise Software M&A,defying macro trend,continues upwardBut M&A in the Enterprise Software sector hasremained remarkably robust.In fact,the sector sawtwo consecutive record-breaking half-y