Software Equity Group

MARCH 13, 2023

After the unprecedented market highs of 2020 into 2021, it’s natural for founders in this environment to wonder if they’ve missed the boat. Median EV/TTM Revenue Multiple Down from 2021’s high of 7.3x, 2022’s median EV/Revenue multiple of 5.6x After the market exuberance of 2020 and 2021, peaking at 8.0x in 2021 to 40.5%

M&A 52

M&A Private Equity Equities S&P 52

Growth Business

JULY 19, 2023

By Kirstie McDermott on Growth Business - Your gateway to entrepreneurial success The last decade of UK tech has been “unprecedented”, according to Tech Nation report, saying “the positive economic impact created by founders has been almost unimaginable”.

Engineering 97

Engineering Architecture Business Consulting 97

Intrepid Banker Insights

OCTOBER 17, 2022

We ended 2021 having survived another year of the pandemic, with equity markets at or near all-time highs, interest rates near historic lows, and technology M&A activity at record levels. As public market valuations fell, SPACs evaporated and other buyers began to reevaluate the need to pay nose-bleed multiples.

Valuation 52

Valuation M&A Capital Middle Market 52

iMerge Advisors

APRIL 9, 2025

In this article, well unpack the key valuation drivers, explore current market multiples, and offer practical steps to help you assess and enhance the value of your software business. Understanding the Core Valuation Framework At its core, the valuation of a software company is typically based on a multiple of earnings or revenue.

Sale 40

Sale Valuation M&A Discounted Cash Flow 40

Transactional Delights

JANUARY 24, 2021

Disclaimers: [link] In what seems to be a trend of shareholders contesting go-privates based on concerns over valuation ( Vista – Pluralsight , Alta Fox / Pembroke / etc. The deal is valued at ~$1 billion and expected to close by the first quarter of 2021 [2]. On January 11, 2021, T. On January 19, 2021, CKH responds to T.

Investors 40

Investors IT Shares Valuation 40

Sica Fletcher

APRIL 2, 2024

Insurance M&A Deal Valuation, 2024 Starting out in 2024, EBITDA and revenue multiples are in a good place, experiencing modest YoY growth despite the economic downturn of the last 18 months. Granted, these numbers are not quite at pre-pandemic levels yet (although they are close), and they are nowhere near the M&A boom of 2021.

Insurance 52

Insurance M&A S&P Broker 52

Chesapeake Corporate Advisors

APRIL 8, 2024

Today’s volatile economic environment has many business owners wondering if it is possible to sell their company now and achieve a good outcome. The Bad News Is Not So Bad Rising interest rates and economic uncertainty have tamped down the M&A frenzy that peaked in 2021.

M&A 52

M&A Investment Banking Negotiation Investment 52

Software Equity Group

NOVEMBER 27, 2023

While many of the elements that define attractive investment opportunities remain somewhat consistent, buyers and investors do tend to place more emphasis on certain criteria depending on the broader economic conditions. These are a set of criteria that lead to recession-proof businesses. Is it integral to operations?

Business 52

Business Investors M&A Profitability 52

The Deal

DECEMBER 5, 2023

billion in 2021. “These businesses, regardless of economic cycle, are able to deliver meaningful return on investments to the end user,” Osman said. Mubadala co-invested with Vista Equity Partners LLC in the $8.4 billion buyout of tax compliance software maker Avalara Inc. and the $2.3 billion, both in 2022.

Corporation 52

Corporation Investment Equities Funds 52

Sica Fletcher

JUNE 20, 2024

Conversely, when interest rates are high, valuations are supposed to decrease because buyers will try to make up what they are losing to interest. This not only increases the revenue flow for the brokerage but also illustrates the industry’s resiliency against the economic turbulence that took place over the same period of time.

Insurance 52

Insurance M&A Valuation Equities 52

Peak Frameworks

MAY 22, 2023

Components of the Accounting Equation Assets are resources owned by a company that has economic value and can be converted into cash or provide future benefits. billion as of September 2021. Accurate valuation of assets, such as real estate, can significantly impact a company's financial position and performance.

Accountant 52

Accountant Equities Debt Private Equity 52

Software Equity Group

JUNE 18, 2024

This brief downturn was largely attributed to temporary economic disruptions. Economic Forecasts and Future Projections Looking ahead, several factors indicate a promising landscape for SaaS M&A activity. These positive indicators suggest that the current market conditions are favorable for SaaS founders considering an exit.

Business 52

Business M&A Profitability Investors 52

The TRADE

JULY 28, 2023

They took action early on, initiating a remarkable series of rate hikes in 2021 that continued until early 2023. This swift action helped them witness falling core inflation over the last five months, giving them a head start in managing this economic challenge compared to the developed world.

Debt 52

Debt Investors Economics Trading 52

Cooley M&A

JANUARY 25, 2023

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. Let’s dig in.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Collaboration 40

InvestmentBank.com

JANUARY 14, 2021

In September 2020, the National Bureau of Economic Research released a working paper including an industry survey citing 900+ VC firms; this paper revealed a consensus that many portfolio companies were performing quite well in the face of Covid-19 and less than 10% were performing at levels that would raise significant concerns [3] [10].

Capital 40

Capital IPO S&P Hospitality 40

Bronte Capital

MAY 21, 2021

There is the risk for the consolidated financial statements that the calculation of impairment loss allowances is not carried out in an appropriate manner or is based on inappropriate assumptions, an inappropriate database or inappropriate application of the valuation model and, as a result, the impairment loss is reported in an incorrect amount.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

Wall Street Mojo

JANUARY 17, 2024

Further, statement of cash flow analysis is essential for corporate planning in the short run Short Run A Short Run in economics refers to a manufacturing planning period in which a business tries to meet the market demand by keeping one or more production inputs fixed while changing others. Example #1 ABC Inc. from 2014 to 2017.

Accountant 98

Accountant Finance Finance Profitability 98

Sica Fletcher

MAY 29, 2024

2) our team noted unexpected increases in the valuation multiples offered for insurance agencies, as depicted below. Despite years of evidence suggesting that M&A activity decreases in times of economic uncertainty, it appears that the market has evolved to meet the needs of the times.

M&A 52

M&A Insurance Equities S&P 52

Growth Business

NOVEMBER 23, 2023

Despite investment in the first half of 2023 dropping to £4.6bn from 2022’s £10.8bn as a result of rising interest rates, high inflation, a decrease in valuations and geopolitical tensions globally, UK fintechs are still attracting more VC investment than all other EMEA fintechs combined, with a significant percentage coming from US investors.

Investment 111

Investment Funds Capital Business 111

FineMark

APRIL 13, 2023

Interestingly, throughout 2021 and 2022, there were no U.S. Investment Themes In our prior letter, we reviewed investment themes including deglobalization, the end of zero-interest-rate policies, tepid economic growth, and the end of the current rate-hiking cycle. Its economic effect will also be deflationary. bank failures.

Banking 52

Banking Bank Investment Economics 52

Deal Law Wire

APRIL 1, 2021

The recent economic volatility has also seen an increase in the use of alternatives to one-time cash purchases in the context of M&A deals , including earnouts and working capital adjustments. As of February 11, 2021, the OSC gave the green light for the first publicly traded bitcoin exchange-traded funds in North America.

M&A 40

M&A Funds Accountant IT 40

Tyton Partners

NOVEMBER 28, 2023

Our journey reached new heights with the launch of Beyond Capital Ventures, our second fund, in April 2021. It invests in companies that prioritize serving the lower-to-middle-income consumer class, addressing the economic disparities in these markets with a gender conscious focus through the business model. million lives, including 3.4

Capital 59

Capital Funds Investment Portfolio 59

Mergers and Inquisitions

DECEMBER 4, 2024

No matter the economic climate, you can always bet on sports fans to show up for their favorite teams. This sector is the most different in terms of valuation and technical analysis because of nuances around licensing, player salaries, and different revenue streams.

Investment Banking 105

Investment Banking Banking Bank Investment 105

Cleary M&A and Corporate Governance Watch

MAY 10, 2023

2] By early 2021, Limelight had pursued a number of turnaround initiatives (including hiring a new CEO, implementing a turnaround plan and retaining a consultant), but these measures were unsuccessful. 20] In so holding, the Court was confronted with two prior Delaware Supreme Court decisions, Stroud v. Grace [21] and Williams v.

Mergers and Acquisitions 52

Mergers and Acquisitions Stock IT Acquisitions 52

FineMark

OCTOBER 17, 2023

Looking ahead, we believe history will regard the 2007-2021 time period as anomalous. We believe many of these counter balances are nearing an end, and the economic impacts of the Fed’s policy, which are always felt on a lagged basis, will begin to manifest on Main Street soon. Several factors are driving this move, including the U.S.

S&P 52

S&P Investment Portfolio Corporation 52

Software Equity Group

MARCH 7, 2024

“Under her leadership, Bravo has introduced the industry’s first AI predictive pricing tool for secondhand retailers, enabling accurate and optimized pricing for merchandise, including future valuation of inventory. This is part of a large move towards leveraging pricing for community good.”

Management 52

Management Collaboration IT Business 52

Software Equity Group

MARCH 7, 2024

“Under her leadership, Bravo has introduced the industry’s first AI predictive pricing tool for secondhand retailers, enabling accurate and optimized pricing for merchandise, including future valuation of inventory. This is part of a large move towards leveraging pricing for community good.”

Management 52

Management Collaboration IT Business 52

Software Equity Group

MARCH 7, 2024

“Under her leadership, Bravo has introduced the industry’s first AI predictive pricing tool for secondhand retailers, enabling accurate and optimized pricing for merchandise, including future valuation of inventory. This is part of a large move towards leveraging pricing for community good.”

Management 52

Management Collaboration IT Business 52

InvestmentBank.com

MAY 26, 2021

Debt Markets Prior to COVID-19, some analysts and debt underwriters encouraged debt issuers to exercise caution after the tenth straight year of economic expansion [1]. Simultaneously, other special situation funds ballooned as institutions sought to hedge against losses amid the new market and economic turmoil.

Capital Raising 52

Capital Raising Capital Debt Private Equity 52

FineMark

JANUARY 17, 2024

This strong push in November and December ended the long stretch of losses that fixed-income investors have endured since 2021. Contributing to that growth were two significant happenings: America helped rebuild Europe and Japan, triggering economic benefits for our nation, and the largest generation in U.S. history was born.

S&P 52

S&P Equities Valuation Investment 52

Cooley M&A

JANUARY 22, 2021

Despite dealmaking anxieties in the first half of the year, valuations remained strong, and discount opportunities were few and far between. The US government implemented a number of economic stimulus measures that rippled across the M&A landscape. 2] Global deal value in the technology sector was up 47.3% Buyer…Seller…PPP Lender?

M&A 40

M&A IPO Mergers and Acquisitions Business 40

The TRADE

APRIL 30, 2024

By mandating banks to hold more capital in reserve, Basel III’s goal is to improve the stability and solvency of financial institutions, alongside reducing the possibility of bank failures during periods of economic turmoil. The regulation also led to changes in risk management practices and valuation methodologies for financial institutions.

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69

Cooley M&A

JANUARY 20, 2022

Although the COVID-19 pandemic that defined 2020 continued to shape much of the life sciences industry in 2021, the way that it did was markedly different. 2] Examples of this strategy coming to bear in 2021 included Thermo Fisher Scientific’s acquisition of PPD for $17.4 driven assets. term average of approximately 35%.

M&A 40

M&A Mergers and Acquisitions Pharmaceutical Mergers 40

Cooley M&A

FEBRUARY 1, 2024

However, unlike the go-go era of 2021, tech deals in 2023 tended to be bolt-on rather than transformative, took longer to get done, and required more creativity and bespoke structures. Private equity activity accounted for only 27% of tech M&A in 2023, a six-year low (and a substantial decrease from the 2021 record of 36%).

M&A 59

M&A Mergers and Acquisitions Private Equity Equities 59

Cooley M&A

JANUARY 22, 2021

Divestitures, often achieved through asset sales, were also popular in 2020 as large pharmaceutical companies and biotechnology companies sought to divest noncore assets and focus on core businesses in the wake of economic uncertainty created by the pandemic. Looking Ahead to 2021. Earnouts Remain Popular – and Difficult.

M&A 40

M&A Mergers and Acquisitions Collaboration Mergers 40

Sun Acquisitions

MAY 20, 2025

If economic turbulence or political instability rear their heads, many owners feel the logical course is to simply wait it out. Now, we get it: Selling a business you’re operating in choppy economic waters sounds counterintuitive. The most obvious example of this is how owners perceive challenged markets. In 2023, the U.S.

Business 71

Business Mergers and Acquisitions Economics M&A 71

MergersCorp M&A International

MAY 27, 2025

After a boom in 2020 and 2021 that saw record-breaking volumes, the market cooled considerably in 2022 and 2023. Negotiated Valuation: Unlike an IPO where valuation is determined by market demand on the listing day, a SPAC merger involves a negotiated valuation with the sponsor, providing greater certainty for the target company.

IPO 52

IPO Mergers and Acquisitions Investors Capital 52