The Digital Services Report by Drake Star Partners Global Digital Services team provides updates on industry happenings such as mergers and acquisitions activity, insights into the present and future trends impacting major areas of investment within the industry. The report highlights that the Digital Services sector is experiencing steady growth, with a record year expected in 2022. The report also mentions several notable transactions in the industry, including AMD's acquisition of Pensando for $1.9bn, Amdocs' acquisition of MYCOM OSI for $188m, Secunet Security's acquisition of Syseleven for $69m, Fortress Information Security's $125m of growth funding from Goldman Sachs Asset Management, OSF Digital's $100m of Series C funding led by Sunstone Partners, and Container Solutions' significant minority investment from Growth Capital Partners. The report predicts continued consolidation in the sector as operational optimisation and digital efficiency become more important in this competitive environment.
