9. British battler on EMEA M&A rampage

When? All year
In a year in which blockbuster M&A moves have been noticeably sparse, British software distributor QBS Software has continued to set the pace.
The London-based outfit has acquired three peers already in 2025, including pan-European VAD Prianto, as it chases down a $1bn revenue goal.
Characterising itself as the “world’s largest enterprise software delivery platform”, QBS recently signed its 12,000th SaaS vendor. It ranked 12th in IT Channel Oxygen’s Must-Know Distributors 2024.
On top of Prianto, QBS has also made smaller acquisitions in Turkey and the Middle East.
Talking to IT Channel Oxygen in June, QBS CEO Dave Stevinson revealed that some 12 of its 15 acquisitions to date have been off market.
“There are only 84 companies in the world who ticked a box of what we want to buy because they meet our requirements, and I’m too impatient to wait for them to come to market,” he said.
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