We are proud to launch our first sector report of the year, with our third edition of the Technology Sector Report.

It has been another year of rapid advancement for the technology industry, with the rise in artificial intelligence, automation and digitally driven concepts.

Notwithstanding the macroeconomic challenges from the previous 12 months, we believe that advancements in technology remain a key component of supporting the UK deliver on its growth ambitions, therefore it remains a critical sector for private capital to invest in. Companies who have remained agile, adapted to the changing environment and showed resilience have continued to drive activity and value in the market. The 955 M&A deals completed in the UK for Technology, Media and Telecommunications during 2023 highlight that interest still remains, a testament to the strong and growing ecosystem that the UK has nurtured over the years.

Our latest Technology Sector Report highlights three key themes which we believe represent key areas of growth in the sector and the wider economy: Artificial Intelligence, Energy Transition and Public Sector Tech.

As long-term investors in the technology sector, we will continue to draw on our own experience and use our regional presence to build on our strong track record – enabling entrepreneurs and management teams realise their growth ambitions.

From supporting the UK’s decarbonisation journey and leveraging the power of AI to developing innovative solutions in the fight against cybercrime, we are proud of the role we can play to back ambitious management teams and build better businesses, together.

Click here to read the full report.