Translink Corporate Finance’s IT Services Valuation Index for H2 2025 reveals a sector balancing near-term caution against long-term demand drivers.

Year on year, the healthcare sector remains one of the most active in terms of mergers and acquisitions (M&A). According to the latest Translink Corporate Finance M&A Healthcare Insights Report, 2025 maintained strong transaction levels, as well-capitalised corporates, private equity (PE) and venture capital (VC) investors sustained momentum despite macroeconomic and geopolitical uncertainty. 

Phase 4 of our Industrials M&A Insights Report examines the Packaging, Wood & Paper and Plastics sub-sectors. The packaging sector is experiencing moderate growth fuelled by e-commerce expansion and rising demand for eco-friendly, recyclable materials, though regulatory tightening and market uncertainty continue to weigh on transaction values.

The global Software-as-a-Service (SaaS) M&A market is navigating a pivotal moment. After a period of unprecedented volatility, the final quarter of 2025 has revealed a landscape defined by caution, selectivity, and a shift from volume to quality.

The opening phase of our FY 2025 Industrials M&A Insights Report examines two sub-sectors navigating significant transformation: Aerospace & Defence and Automotive

In today’s global deal landscape, opportunity doesn’t stop at borders, but neither do the risks. For acquirers, the allure of international expansion is clear, but cross-border transactions can introduce additional layers of complexity that domestic deals rarely face. Due diligence has always been the linchpin of M&A success; in an international context, the process and methodology need even more care.

Reflecting on 2025, it is evident that the global M&A landscape was defined not by a return to pre-crisis stability but by a strategic adaptation to volatility. As activity accelerated in the second half of the year, a new consensus emerged among Translink Corporate Finance’s global partners: the “wait and see” era has officially come to an end. We have entered a period of “accepted risk,” where dealmakers are no longer pausing for headwinds to clear, but instead pricing these variables into their models to complete deals.

The global Logistics M&A market is undergoing a crucial phase of stabilisation in 2025, moving away from the post-pandemic volatility towards a more normalised and strategic environment. After a period of structural upheaval driven by inflation and supply chain disruptions, a new landscape is emerging, defined by valuation stability, a focus on resilience and the integration of critical technologies.

2026 is shaping up to be a big year for business services; if you’re positioned to scale, this may be the moment to get on the front foot. With over *$2 trillion in “dry powder” (cash to invest), plus prospective rate cuts, private equity (PE) investment activity is likely to accelerate.

Translink Corporate Finance is proud to announce that two of offices – Translink Corporate Finance UK and Translink Corporate Finance Sweden – have been shortlisted for major national and European M&A awards, recognising excellence in cross-border dealmaking and client service.