Through Q3 2026, seller activity was led by the US, which accounted for 52% of IT Services M&A targets across 815 deals, followed by the United Kingdom at 10%. 

The Netherlands represented 5% of seller activity, followed by Germany at 4% and Japan at 3%. Canada, Australia, India, and Spain each accounted for 2%, while the rest of the world represented 18%, underscoring the continued global breadth of IT Services M&A activity. 

Through the first three quarters of 2026, buyers based in the US accounted for 54% of IT Services acquisitions, followed by the United Kingdom at 8%. France, Japan, the Netherlands, and Germany each represented 4%, while India and Canada both accounted for 3%. 

Australia contributed 2%, while the rest of the world accounted for 14%, reinforcing the global nature of IT Services M&A with 29% of transactions being cross-border.