The Rundown: Q1 dealmaking cools across ad tech and martech as AI remains the hottest ticket
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The Rundown: Q1 dealmaking cools across ad tech and martech as AI remains the hottest ticket
""In the interim, we anticipate strategics to remain active, selectively pursuing opportunities to build differentiated capabilities, expand into key growth channels and focus on AI-driven outcomes.""
""Total M&A volume declined 11% year over year to 103 transactions, with larger, scaled deals (over $100 million) falling 30%.""
Recent mergers and acquisitions in the ad tech sector include Viant's $40 million purchase of TVision and True Anthem's takeover by JWX. MiQ also announced two M&A moves recently. LUMA Partners reported a significant slowdown in deal-making across digital media and marketing technology in Q1 2026, attributing this to macroeconomic uncertainty and geopolitical tensions. Despite a decline in total M&A volume, ad tech showed resilience in deal count, although larger transactions fell sharply, with only one deal over $100 million compared to six the previous year.
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