In Q3 2024, the number of closed deals increased by 15.6%, totaling 407 compared to 352 in Q2 2024. The median EV/EBITDA multiple in the sector jumped to 7.4x, up from 6.3x in Q2 2024.The sector continues to witness robust M&A activity driven by demand for digital transformation and cloud services. Clients prioritize scalability, cybersecurity, and automation. Valuations remain elevated for firms with specialized capabilities in AI and data analytics.