Skip to content
IT Ukraine Association
Eng/Укр
  • About the Association
    • About us
    • Our benefits
    • Events calendar
    • Ambassadors of the Association
    • Annual Reports
    • Testimonials
  • Areas of work
    • IT Industry Development & Advocacy Center
    • IT Ukraine Global
    • Companies Sourcing
  • The Association’s Committees
    • The AgriTech Committee
    • The CyberTech Committee
    • The FinTech Committee
    • The EdTech Committee
    • The AI Committee
  • Projects
  • Research
  • Partners & members
    • IT companies
    • Partners
  • Latest news
    • Association’s news
    • Industry News
    • Blogs
IT Ukraine Association
IT Ukraine Association
Eng / Укр
Eng/Укр
Join ITU
  • About the Association
    • About us
    • Our benefits
    • Events calendar
    • Ambassadors of the Association
    • Annual Reports
    • Testimonials
  • Areas of work
    • IT Industry Development & Advocacy Center
    • IT Ukraine Global
    • Companies Sourcing
  • The Association’s Committees
    • The AgriTech Committee
    • The CyberTech Committee
    • The FinTech Committee
    • The EdTech Committee
    • The AI Committee
  • Projects
  • Research
  • Partners & members
    • IT companies
    • Partners
  • Latest news
    • Association’s news
    • Industry News
    • Blogs
Home
/
Industry News
/
M&A in the European IT Services Sector – 2024Q4 Report

M&A in the European IT Services Sector – 2024Q4 Report

Publication date:

  • 11.04.2025

Publication from:

Capital Times
 

Capital Times, an ITU partner company, has prepared the report “Quarterly M&A Overview of the IT Services Sector in Europe vs. the CEE Region for Q4 of 2024“. The report provides comprehensive data on M&A deals, Enterprise Value/Revenue metrics in Europe and clients, as well as the following insights:

 

63% of deals were made by buyers from the UK, USA, and 5 EU countries. The most active M&A markets in the CEE region are Poland, Romania, Bulgaria, Croatia, and Czechia (67% of all CEE deals).

 

In Q4 of 2024, the IT Services sector deal value in Europe increased by 10% vs. 4Q 2023, while in the CEE region, the IT Services sector deal value increased by 703% vs. 4Q 2023.

 

Main rationales for the M&A deals in the IT Services sector for 2024Q4 (Europe) include expansion(29%), synergies(22%), integration(19%), regulatory requirements(15%), workforce acquisition(11%), financial return(4%). 

 

Most of the M&A transactions in the IT services sector in Europe were made by buyers from:

 
  • United Kingdom — 20%;
  • Netherlands — 8%;
  • France — 8%;
  • Germany — 8%;
  • United States of America — 7%;
  • Italy — 7%;
  • Poland — 4%.
 

Median deal value in the IT Services sector in Europe in Q4 of 2024 continued the strong growth in 2024 and amounted to $36m, while this value in the CEE region reverted to its average level in 2023 after an increase in 3Q 2024 and amounted to $6m. 

 

Most prominent M&A deals in the IT Services sector were completed with Polish, Czech, Romanian, Serbian, and Croatian companies having headcount from 25 to 6400, while the bidders were also mainly from the CEE region and the UK.

1,434
FacebookXLinkedInTelegramShare

See also:

tg_image_1050615932
Intellias

Intellias Expands partnership with Invictus Games Ukraine

Intellias and Invictus Games Ukraine are strengthening collaboration to support the recovery of veterans and active-duty service members and advance...

Read more
  • 08.10.2026
sw_artcl_cover_EN_07-10-2026_01
SoloWay Technologies

SoloWay Technologies and APPAU Join Forces to Drive Industry 4.0 in Ukraine

International IT company SoloWay Technologies has joined the Association of Industrial Automation Enterprises of Ukraine. As a leading force in...

Read more
  • 07.10.2026
tg_image_765306315
Kitsoft

Kitsoft and Ukraine's Digital Ministry Launch All 43 Register of Damage Claim Categories in Diia

Nearly 200,000 claims have already been submitted to the Register of Damage through Diia.   The Kitsoft team, in cooperation...

Read more
  • 05.10.2026
AIforbusiness2.0
Google

Google launches updated AI for Business 2.0 course

Businesses today are constantly adapting to new conditions and operating in an era of economic, security and technological change. At...

Read more
  • 28.09.2026
Subscribe to our updates
Contacts

Address: 04071, Kyiv,
str. Yaroslavska, 58 (Astarta
Organic Business Centre)

Phone:+38 099 266 39 03

E-mail:
hello@itukraine.org.ua

Address: 04071, Kyiv, str. Yaroslavska, 58 (Astarta
Organic Business Centre)

Phone:+38 099 266 39 03

E-mail:
hello@itukraine.org.ua

  • Facebook
  • LinkedIn
  • Instagram
  • YouTube
Share to...
BufferCopyEmailFacebookFlipboardHacker NewsLineLinkedInMessengerMixPinterestPrintRedditSMSTelegramTumblrXVKWhatsAppXingYummly