1、London|Frankfurt|Stockholm|San Francisco1|13 Enterprise Software M&A Overview 1H 2023Enterprise Software M&A boasts strength and resilienceRising investment in Cloud Services is anticipated topropel growth in the sector,with a forecasted 16.8%growth in 2023 and is anticipated to reach$60.3billion by

2、 the end of the year.It is expected that thisgrowth is driven by business customers demandinghyper-specialised products as a means of tackling theever-changing demands of the contemporary workenvironment.Companies are opting to invest in cloudservices to improve their operational efficiency whilstbo

3、lster growth and productivity.By 2025,it is thoughtthat 85%of all corporate applications will be SaaSmodel based.Akeyhorizontaltechnologyactivelyattractinginvestment is AI and automation.Recent advances indevelopmenthasenabledtheusecasetobeimplemented across all aspects of business.This isespecially

4、 apparent with growing business needs toautomate operations,bolster efficiency and ensurecontinued improvements in productivity.Entering 2023,the macro economic environment isanticipatedtocontinueitsdeceleratinggrowthtrajectory following the heightening of geopoliticaltensions,coupled with post-pand

5、emic inflationary andcentral bank interest rate hikes.Despite this slow ingrowth,thequestionremainsastohowthisphenomena will impact the M&A market.The globalM&A market across all industries in 2022 experienceda slowdown in total deal volume from the record-breaking year of 2021.This slowdown can bee

6、xplained as merely a market normalisation and areturn to an era of increased leverage costs.Enterprise Software M&A,defying macro trend,continues upwardContrary to the general trend,the enterprise softwaremarket had a record-breaking year in terms of dealvolume.Although there as a slowdown in activi