\u201cCOVID continues to disrupt people\u2019s lives across the world. Those able are still mostly working remotely, with some economies at the state and national level re-opening. Cloud software has been an integral part of businesses being able to function throughout the crisis, and public market valuations have reflected this renewed focus on digital, cloud native operations. Despite the tough macroeconomic conditions, software M&A has remained strong particularly in the US, where there is consolidation happening in a new environment where burn is being heavily scrutinized, and valuations have tightened. We expect M&A to remain strong through the rest of this year as PE firms build out platforms with large amounts of dry powder, and strategics deploy large cash reserves to build out products,\u201d said Jonathan Cantwell, Partner at GP Bullhound.<\/p>\n\n\n\n