Seller activity in Q1 2026 remained heavily concentrated in the United States, which accounted for 57% of all IT Services M&A targets. The United Kingdom followed at 9%, while Germany and Japan each represented 4%, and the Netherlands accounted for 3%. 

Additional seller activity came from India, Canada, Spain, and France, each at 2%, while Sweden represented 1%. The rest of the world contributed a meaningful 14%, underscoring the broad international nature of IT Services M&A. 

Overall, the geographic mix highlights the sector’s global reach, with North America and Western Europe continuing to lead activity, supported by steady participation from Asia and other international markets. 

In Q1 2026, buyers based in the United States accounted for 56% of all IT Services acquisitions, maintaining their dominant role in sector M&A activity. The United Kingdom followed with 8% of transactions, while India represented 5%, and France, Japan, and Germany each accounted for 4%. 

Additional buyer activity came from Canada at 3%, while the Netherlands, Sweden, and Ireland each contributed 2%. The rest of the world represented 10% of total acquisitions, highlighting continued participation from a broad set of international markets. 

Overall, the distribution underscores the global reach of IT Services M&A, with approximately 32% of transactions being cross-border.