Software & ICT services - Nordic sector report - Q2 2025

Our recently published Nordic Sector Report for Q2 2025 provides a current and clear picture of M&A activity and key trends within the Software & ICT services segments. The report covers developments during Q2 of 2025 and includes analysis of the current market situation, updates on transaction volumes and an overview of valuations of listed companies within the sectors.

The report provides valuable insights for investors, business owners and other stakeholders who want to understand and navigate the complex M&A landscape within software and ICT services. Download the report via the link at the bottom of the page and read our summary below.

The Nordic software and ICT services sector demonstrated resilience in Q2 2025 from an M&A perspective, with a total of 98 completed deals despite a volatile global economy and ongoing geopolitical tensions, including new US tariffs and evolving trade policies. Activity remained steady throughout the first half of the year and continued to draw a diverse range of buyers, driven by strong strategic motives and available capital.

Within IMAP, we closed three deals during the quarter. For more insights and detailed information, download the full report below.

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