2019 was a year of robust activity in the tech sector, and another record year for Lincoln International’s TMT team. Several notable Lincoln deals include the acquisition of Livermore Software Technology Corporation and the cross-border sale of CoreMedia AG in Germany to OpenGate Capital in the U.S.

As we enter 2020, investors are curious as to where M&A activity will head in the first year of the new decade. Their curiosity is fueled by several factors including global political uncertainties, from Brexit to a U.S. presidential election, a potential economic slowdown and record levels of dry powder.