1、Drake Star Securities LLC is regulated by FINRA and is a member of SIPC.All securities in the UK,are transacted through Drake Star UK Limited(FRN 942020)an appointed representative of Kession Capital Ltd(FRN 582160)which is authorised and regulated by the Financial Conduct AuthorityThe Drake Star Pa
2、rtners Global Digital Services team is pleased to present the 8thedition of our quarterly Digital Services Report.This provides updates on industry happenings such as important news and events,mergers and acquisitions activity,and insights into the present and future trends impacting major areas of
3、investment within the industry,including:DIGITAL TRANSFORMATION CLOUD MIGRATION TECH-ENABLED SERVICES SECURITY SERVICES BUSINESS INTELLIGENCE&DATA ANALYTICS+49 173 +33 6 87 99 05 +44 777 305 2247 +1 646 245 35503While 2023 has been challenging for the economy,digital transformation remains at the to
4、p of IT agendas.The financial burden and security concerns of tech debt continues to drive inorganic growth strategies as corporates turn to buy vs.build in-house digital capabilities.Throughout Q2,we have seen strong appetite from the buyer community especially in the mid-market for Digital Service
5、s assets with resilient business models enabled by disruptive technologies and service offerings;with 290+M&A deals&$2.3bn+disclosed and 250+fundraises&$3.4bn+disclosed in Q2 20231,including:NexusTek transacted with ICCS for an undisclosed amount,advised by Drake Star Partners Globant acquired Penta
6、log for an undisclosed amount Ricoh acquired PFH Technology Group for an undisclosed amount Evroc raised an undisclosed amount of seed capital from EQT Ventures and Norrsken VC Sourcepass raised$65m of development capital from Metropolitan Partners Group Labrys raised an undisclosed amount of ventur