HMT’s credentials
The HMT team has a depth and breadth of experience in the technology sector, ranging from Series B fundraisings to advising on numerous disposals and acquisitions of businesses in the following sub-sectors
M&A activity in the UK IT services sector remains strong, driven by digital transformation, increasing AI adoption, cloud migration and growing cybersecurity requirements. Strategic buyers and private equity investors continue to target businesses with specialist technical capabilities, recurring revenues and long-term customer relationships. Managed service providers and businesses with expertise in areas such as cloud, data, AI and cybersecurity are particularly attractive, while the fragmented nature of the market continues to create significant opportunities for consolidation and buy-and-build strategies.
M&A activity in the UK IT consultancy sector remains strong, driven by accelerating digital transformation, AI adoption and demand for specialist technology expertise. Strategic buyers and private equity investors continue to target consultancies with capabilities across cloud, data, AI, cybersecurity and digital transformation. Businesses with highly skilled teams, strong client relationships, differentiated expertise and exposure to high-growth technology areas are particularly attractive, while a fragmented market continues to create opportunities for consolidation and buy-and-build strategies.
M&A activity in the UK cybersecurity sector remains strong, driven by increasing cyber threats, evolving regulation and growing demand for sophisticated security solutions. Strategic buyers and private equity investors continue to target businesses offering managed security services, threat detection, identity and access management, cloud security and compliance solutions. Companies with recurring revenues, proprietary technology, specialist expertise and strong customer retention are particularly attractive, while the rapid adoption of AI is creating both new security challenges and opportunities for innovation, supporting further consolidation across the sector.
M&A activity in the UK IT managed services sector remains strong, driven by continued digital transformation, cloud adoption, cybersecurity requirements and the growing integration of AI. Strategic buyers and private equity investors continue to target managed service providers with recurring revenues, high customer retention and strong technical capabilities. The fragmented nature of the market supports consolidation and buy-and-build strategies, with businesses offering expertise across cloud, cybersecurity, data and AI particularly attractive as buyers seek to broaden capabilities, increase scale and strengthen their recurring revenue base.
M&A activity in the UK B2B software sector remains strong, driven by digital transformation, increasing AI adoption and demand for solutions that improve efficiency and productivity. Strategic buyers and private equity investors continue to target software businesses with recurring revenues, high customer retention and scalable platforms. Vertical market software and businesses with differentiated technology, mission-critical solutions and clear opportunities for international expansion are particularly attractive, while continued investment in AI and automation is creating further opportunities for innovation, consolidation and growth across the sector.
M&A activity in the UK digital & media sector remains active, driven by evolving consumer behaviour, AI adoption and growing demand for digital-first content and services. Strategic buyers and private equity investors continue to target businesses with strong digital capabilities, differentiated content, valuable audiences and scalable technology platforms. Companies benefiting from recurring or diversified revenues, proprietary data and opportunities for international expansion are particularly attractive, while continued innovation across content creation, digital advertising and technology is supporting consolidation and strategic investment across the sector.
M&A activity in the UK industrial technology sector remains strong, driven by automation, digitalisation, AI adoption and demand for greater productivity and operational efficiency. Strategic buyers and private equity investors continue to target businesses with proprietary technology, specialist engineering capabilities and exposure to attractive end markets. Companies providing robotics, automation, advanced manufacturing and data-driven industrial solutions are particularly attractive, while the need for businesses to modernise operations and strengthen supply-chain resilience continues to create opportunities for consolidation and investment across the sector.
Businesses focussed on the development, implementation and effective use of technology continue to benefit from macro-economic drivers such as hybrid-working, inflation, cost-control, supply chain security and efficiency and data volumes. Conventional terminology must run to catch up with technological developments and as AI, Machine Learning, IOT, Cloud Services and UX technology delivers genuine cost or service gains, they will drive mid-market investment and M&A.
Meantime digital transformation consultancies, outsourced services, anything -as-a-service, consultancies with deep enterprise software (such as SAP, Microsoft) capabilities or extension applications and B2B software are all areas of buyer and investor focus.
Our understanding of investment and acquisition drivers in this segment of the market is informed by regular dialogue with multiple buyers and private equity houses with a technology focus as well as up to date experience of transaction processes and our buyer reach is supported by the Cognos team across the globe.
Why HMT
Passionate
We are passionate about delivering an optimal outcome for our clients and helping them achieve their personal objectives. We understand entrepreneurial businesses because we are one.
Our Deals
Personal
Partners are supported by high-calibre professional staff who share our core values of enthusiasm, energy, entrepreneurialism and empathy to our client's objectives.
Our Team
Proven
Our Partners have unparalleled deal experience in the mid-market and are supported by a team of dedicated deal-doers with specialist capabilities and experience.
About Us
Connected
We have an extensive network of acquisitive corporates, institutional investors and debt providers both in the UK and internationally through our membership of our global network Cognos.
Our Network
