KBS - Cyber Security & I.T. Infrastructure - Market Insight

CURRENT LANDSCAPE Private equity-backed deals continue to dominate but after four consecutive quarters of activity growth, it appears PE investors are starting to see more trade competitors in the market.

PERCENTAGE OF PE-BACKED DEALS

2022

2023

2024

74%

71%

70%

67%

67%

66%

63%

67%

67%

64%

60%

Q1

Q2 Q3 Q4 Q1

Q2 Q3 Q4 Q1

Q2 Q3

6%

7%

13%

10%

7%

9%

36%

22%

65%

84%

11%

30%

Software Development

Software Distribution

Data Storage

Digital Transformation Consulting

IT Managed Services

Cloud Services

Communications

Cybersecurity

Business Intelligence/ Data Analysis/ AI

Print Managed Services

IT Hardware Distribution

Network/ Connectivity Services