M&A Activity

Marketing and Ad Tech M&A Activity by Deal Count

We tracked a healthy 967 deals in 2024, a 10-year high, with strong demand from financial and strategic buyers. Private Equity firms were buyers in 22% of these transactions.

Marketing and Ad Tech M&A Activity by Disclosed Deal Amount

Disclosed M&A deal value reached $24B in 2024. Financial terms were disclosed in only 11% of transactions during this period as buyers preferred to keep their M&A strategies private.

Top Marketing and Ad Tech Acquirers by Deal Count

Acccenture was the top buyer of MarTech companies in 2024 with 6 deals, followed by Constellation, MCI, Publicis Groupe and Stagwell with 4 deals each. Agital, PAR, Ipsos, HAVAS, Valsoft  and Advent International also each made 3 deals.

Marketing and Ad Tech VC Funding​

Venture Capital peaked in 2021 and continued to decline throughout 2024. With a drop in VC funding overall, many business owners are instead considering M&A as a vehicle for growth and liquidity.

Valuations

Compare value multiples of MarTech targets with public companies in the sector. 

Subsections

What are the vertical markets and sub-sectors of MarTech targets pursued by buyers?

Geography

An increasing number of international buyers are looking for MarTech targets with game-changing solutions.