DRAKE STAR：2025年第三季度托管服务供应商报告（英文版）

MSP M&A activity ramped significantly in Q32025, with deal volume increasing 17% Q-o-Q to108 transactions. The disclosed deal value increased sharply to $2.6 billion with a significantuptick in large ticket transactions.In line with previous quarters,both strategic and financial consolidators remained active inpursuing IT service providers to strengthen their service capabilities, with such deals makingup 85% of total transactions in Q3 2025