M&A activity is a common feature of the Irish business landscape. The 405 M&A deals completed in 2023 represent an increase of 38% in average deal volumes for the pre-COVID years of 2018 and 2019. Values were disclosed in just 21% of the completed deals and totalled over €33 billion and the forecast for M&A activity in 2024 is one of growth.
M&A projects seldom start with IT because they are driven by a business need. Organisations may find themselves starting an M&A Integration project due to investment, divestiture or by the very fact that it forms part of their corporate DNA. As such, the IT component, while typically complex and varied, is often overlooked at this early stage.