Live data

Tech M&A Deal Room

Deal flow, deal sizes, sector mix and valuation multiples across technology M&A, updated automatically as every new transaction is analysed.

Deals tracked
48
Disclosed value
$319bn
Median deal value
$2.4bn
Sectors covered
10
Deal flow by monthTechnology transactions covered by Deal Intelligence, by announcement month.
Source: Acquiry Deal Intelligence · link to this chart
Deals by size bracketDisclosed enterprise or equity value, 25 deals with a published price.
Source: Acquiry Deal Intelligence · link to this chart
Deals by sectorCount of unique transactions in each sector.
Source: Acquiry Deal Intelligence · link to this chart
Disclosed value by target regionSum of disclosed deal values, US$ millions.
Source: Acquiry Deal Intelligence · link to this chart
Private-market revenue multiples by sectorEV / revenue range for each sector benchmark, with EV / EBITDA alongside. Midpoint ranks the list.
Sector multiples, EV to revenue and EV to EBITDA
SectorEV / revenueRange barEV / EBITDATrend
AI / ML SaaS6x to 20x20x to 60xup
Infrastructure / DevOps SaaS5x to 15x18x to 50xup
Vertical SaaS4x to 12x15x to 40xup
Web3 / DeFi Protocol3x to 12x8x to 35xflat
Payments / Processing3x to 10x12x to 35xup
Horizontal SaaS3x to 9x12x to 30xflat
Gaming Infrastructure / Tools3x to 9x10x to 28xup
iGaming / Online Gambling2.5x to 8x8x to 25xup
Crypto Exchange / Brokerage2x to 8x6x to 20xflat
Crypto Exchange (CEX)2x to 8x6x to 20xflat
SMB SaaS2.5x to 7x8x to 22xflat
Wealthtech / Robo-Advisory2x to 7x8x to 25xflat
PC / Console Gaming2x to 7x8x to 22xflat
B2B Marketplace2x to 6x8x to 20xup
Lending / Credit Platform1.5x to 5x6x to 18xflat
Insurtech1.5x to 5x6x to 18xflat
Mobile Gaming1.5x to 5x5x to 16xflat
B2C Marketplace1.5x to 4.5x5x to 15xflat
Affiliate / Performance Marketing1.5x to 4x4x to 10xflat
YouTube / Creator Platform1.5x to 4x5x to 14xup
Freelance / Services Marketplace1.5x to 4x5x to 14xflat
Esports / Competitive Gaming1x to 4x4x to 14xdown
NFT / Digital Collectibles Platform1x to 4x3x to 12xdown
Podcast / Audio1x to 3.5x4x to 12xflat
Content / Newsletter1x to 3x3x to 8xflat
Digital Media / Publishing0.8x to 2.5x3x to 8xdown
Source: Acquiry Deal Intelligence · link to this chart
Largest disclosed dealsRanked by disclosed value. Each links to the full Deal Intelligence analysis.
  1. 1Paramount Skydance / Warner Bros. Discovery$110bn
  2. 2PIF, Silver Lake & Affinity / Electronic Arts$55bn
  3. 3Goldman Sachs / Palmer Square$37bn
  4. 4Global Payments / Worldpay$24.25bn
  5. 5Fertitta Entertainment / Caesars Entertainment$17.6bn
  6. 6Nuveen / Schroders£9.9bn
  7. 7GE Aerospace / Consolidated Precision Products$11.75bn
  8. 8AMD / World Labs$8.2bn
Source: Acquiry Deal Intelligence · link to this chart

Method and sources

Transactions come from Acquiry Deal Intelligence: announced digital, software, AI and fintech deals, each analysed from the parties’ releases and filings. A deal covered in more than one report is counted once. Values are the disclosed enterprise or equity value in US dollars; undisclosed deals are counted in flow and sector charts but not in value charts.

Sector multiples are private-market benchmarks from the sector multiples index. For a single business, test your numbers in the Rule of 40 calculator or the EBITDA normaliser.

Where does the data come from?
Every transaction is taken from Acquiry Deal Intelligence, which covers announced technology, software, AI and fintech deals from company releases and filings. The charts update automatically each time a new deal report is published.
Can I use these charts in an article or newsletter?
Yes. Cite "Acquiry Deal Intelligence" and link to this page or to the specific chart using its anchor link.
How are sector multiples estimated?
Sector ranges are private-market EV / revenue and EV / EBITDA benchmarks built from disclosed transactions. See the sector multiples index for methodology and notes.