IT Services M&A – Monthly Newsletter | July 2026

TH Global Capital’s Global IT Services M&A and Private Equity Deal Tracker provides a snapshot of key transactions, deal activity and trends shaping the global IT Services M&A market.

In our July 2026 edition, we tracked 52 IT Services transactions across major segments including IT Consulting & Digital Transformation, App Development & Digital Engineering, Managed Services and Cloud.

Key Insights

  • IT Consulting Leads Activity: IT Consulting & Digital Transformation accounted for 46% of total transactions, making it the most active segment in July.
  • Digital Engineering Remains Active: App Development & Digital Engineering represented 23% of total activity, reflecting continued demand for technical and engineering capabilities.
  • Strong Interest in AI and Cloud: Activity continued across businesses with capabilities in AI, cloud, data, digital transformation and engineering.
  • Strategic and Private Equity Activity: Strategic acquirers and private equity investors remained active, pursuing acquisitions that expand technical capabilities, geographic reach and exposure to high-growth technology markets.

Top 5 IT Services M&A Deals in July 2026

  • Persistent Systems acquires Nagarro | €1.4 billion
  • Lumen Technologies acquires Alkira | $475 million
  • SoftServe acquires NewVision Softcom & Consultancy
  • Empower AI acquires Highlight Technologies
  • Babel Sistemas de Informacion acquires Bosonit

Why Download This Newsletter?

Gain a concise view of the latest global IT Services M&A and private equity activity, including key transactions, active sub-segments, investor participation and consolidation trends, with valuable insights for IT Services executives, investors and industry leaders tracking market developments and strategic opportunities.

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