S&P Analysis: Cybersecurity M&A Still Hot In Q2, But Economic Uncertainties Weigh On Outlook
While the deal volume was slightly lower than the 52 announcements reported in the same period a year earlier, it remained well above the second-quarter volume seen in 2020, 2019 and 2018. Q2 2022 hedge fund letters, conferences and more Cybersecurity M&A Still Hot In Q2Key highlights from the new analysis include: Cybersecurity acquirers valued their targets at 7.3x trailing 12-month revenue on average in the second quarter of 2022, up from 5.5x in the same period of 2021.The wider tech sector reported deal values at 3.2x trailing 12-month revenue on average in the second quarter of this year...