february clouds
  • AI-related deals dominated 2025 and represented 80% of technology deal value in the year’s final quarter; dealmakers expect AI-driven consolidation to remain a dominant force in M&A throughout 2026.
  • Cybersecurity M&A exceeded $70B across 420+ deals in 2025, with strategic buyers commanding 55% of total deal value. Rising data volumes are overwhelming manual security workflows, accelerating demand for automated, analytics-driven cyber solutions.
  • Late-2025 valuations assumed a predictable rate path; with Trump's Fed Chair nominee Kevin Warsh bringing increased likelihood of further rate cuts in 2026, tech M&A may see additional stimulus.
SS february newsletter 2 SS february newsletter 3

Connect with Our Team

Download PDF