More buyers than sellers in government market
Survey found that 57 percent say they will buy versus sell
- By Nick Wakeman
- Feb 08, 2011
Mergers and acquisitions in the government market will likely continue at a strong pace over the next year, with more than 80 percent of respondents to a Washington Technology survey saying their company will be involved in a deal.
However, the vast majority say they will be buyers and not sellers.
The survey found that that 57 percent of respondents expected their company to make an acquisition in the next 12 months.
At the same time, only 24 percent said they expected to be acquired.
Rounding out the survey, 17 percent said that mergers and acquisitions were not a important part of their company’s strategy.
In 2010, the federal market saw 99 deals close involving government services and technology companies. See Washington Technology's 2010 M&A special report
Nick Wakeman is the editor-in-chief of Washington Technology. Follow him on Twitter: @nick_wakeman.