WT 360: How software shapes the market's M&A landscape
Gettyimages.com/ Sergey Mironov
By
Nick Wakeman
Jean Stack and John Song, co-managing directors at Baird & Co.'s government practice, join to go over the tech-centric areas of heated demand for acquirers and the fundamentals that drive M&A activity.
The nature of mergers and acquisitions in the government market is changing and our 2024 roundup of closed transactions further illustrates that evolution toward technology-enabled capabilities, which are largely driven by software.
Jean Stack and John Song, co-managing directors of the defense and government practice at the investment bank Baird & Co., join for this episode to discuss what drove transactions over the past year and what they expect in the year ahead.
A new administration in the White House means there is plenty of change and uncertainty in the market.
But as Stack and Song told Editor Nick Wakeman, these fundamentals of M&A activity will not change:
- Artificial intelligence, cloud and software-defined solutions are in hot demand
- Private equity buyers will continue to drive volume
- Strategic buyers, including the public companies, will remain picky
Also listen out for their predictions on how the coming year will shake out.
