- Tech M&A reaccelerated in March, with deal values up 31% YoY and transaction volumes rising 7%, as capital continues to concentrate around AI infrastructure, compute scaling, and AI- enabling platforms.
- Despite the "SaaSpocalypse" valuation reset, private SaaS deal flow has remained resilient. Q1 2026 saw 620+ transactions totaling ~$95B in aggregate value, as disciplined buyers capitalize on attractive valuations.
- AI has continued to be a defining M&A thesis with a 90% increase in AI transaction count (140 Q1-25 to 266 Q1-26) following Q4 2025 where AI transactions made up 89% of tech deal value.
Connect with Our Team
- Christopher Park, Managing Director, Head of Software & Services, CPark@IntrepidIB.com
- Jeff Becker, Managing Director, Software & Services, JBecker@IntrepidIB.com
- Josh Moses, Managing Director, Software & Services, JMoses@IntrepidIB.com
- Terry Jiang, Managing Director, Software & Services, TeJiang@IntrepidIB.com
- Ryan Makis, Director, Software & Services, RMakis@IntrepidIB.com