Security sector saw 115 deals in Q1 2026.  Demand was strong from strategic and financial buyers with PE firms acquiring 45 Security companies, equal to 39% of total deal volumes.

In Q1 2026, total disclosed M&A transaction values reached $3B as buyers preferred to keep their M&A strategies private.

Looking at VC funding, which peaked at $20.5B in 2021, dropped down to $13.7B by 2025. VC investments and deal volumes in Security companies remained subdued in Q1 2026. Companies have instead been encouraged to pursue M&A strategies for growth and liquidity. 

During Q1 2026, we saw PE acquirers as the most acquisitive: Pye-Barker Fire & Safety added 6 security companies to its portfolio and Security 101 closed 3 deals. The most active strategic acquirer was Check Point Software Technologies, a global leader in cybersecurity management solutions, with 3 deals.