Legal, Tax and Operational Insights
By: Dalton Thacker
In 2024, tech-focused middle-market M&A deals remained a core driver of activity, particularly in software and digital infrastructure, even as overall deal volume declined due to macroeconomic uncertainty. Defined loosely as deals involving enterprise values between $50 million and $500 million, middle-market tech M&A occupies a distinct niche—large enough to involve sophisticated assets and strategic value, but often lacking the internal deal infrastructure and resources of large-cap transactions.
These deals are typically driven by the desire to acquire proprietary technology, access new customer bases, or accelerate time to market. However, they also present a unique set of challenges that require careful legal and strategic navigation. Buyers must weigh the value and risks associated with intangible assets like software, algorithms, and data sets, while sellers—often founder-led or venture-backed startups—must balance deal certainty with valuation maximization and the preservation of key personnel and cultural identity.
To read the full article, click here.*
*Subscription may be required.