Per Axios, Q1 2023 “. . . has been the slowest Q1 for global mergers and acquisitions since 2013.” While the results for Digital Media & Marketing were not as dire, Q1 2023 was another testing quarter for the industry as it managed continued impacts of sharp interest rate increases, ongoing pressures to re-evaluate cost structures, and the failure of Silicon Valley Bank; squeezing a venture market that was reeling from a slowdown in financing and credit. Despite these macro challenges, both M&A and public markets saw some rebounding from the nadir of Q4 2022, with slight increases in scaled deal-making and increasing market values across both the LUMA.A and LUMA.M cohorts.
Download the full report to get all the data on Ad Tech, MarTech, and Digital Content, including the following:
- Quarterly deal activity by sector
- Public market trends and the latest earnings detail for Ad Tech and MarTech
- Public valuation and operational benchmarking across Ad Tech and MarTech
- Highlighted private financing activity across the sectors