Among disclosed M&A deals in the IT Services sector during the first nine months of 2025, values ranged from $2.2 million to $3.5 billion, with a median deal size of $8 million. Valuations showed a median enterprise value to sales multiple of 1.8x, with the broader range extending from 1.1x to 37.1x. In comparison, public peers in the sector were trading at an average EV/S of 3.1x and an EV/EBITDA multiple of 20.2x, indicating a premium in public market valuations. The data points to competitive pricing and continued investor appetite for differentiated IT Services assets, particularly those aligned with digital transformation, cloud and AI-driven capabilities.