Remove 2020 Remove Public Trading Remove Valuation
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Hopin, the struggling virtual conference unicorn, sells events and engagement units to RingCentral

TechCrunch: M&A

Hopin , the virtual events startup that saw its star (and valuation) rise quickly during the COVID-19 pandemic, is most definitely coming down to earth. Today the company announced that it has sold its Events and Session business units to RingCentral for an undisclosed sum. It will be using the new assets to further diversify its business.

Business 196
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Public SaaS Company Valuations and What They Mean for Private Companies

Software Equity Group

SEG’s 2023 Annual SaaS Report provides a comprehensive analysis of the public SaaS market’s performance and M&A activity in the software industry. Our report provides context for private companies to better understand factors influencing their valuations and evaluate how they can position themselves within a changing marketplace.

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Cooley’s 2020 Tech M&A Year in Review

Cooley M&A

While we continue to absorb and understand the worldwide pandemic shockwaves of 2020, trying to encapsulate the vicissitudes of the past year in an annual recap is daunting. 1] The robust momentum in the second half of the year nearly made up for early pandemic effects as 2020 deal value was down only 6.6% A Tale of Two Years.

M&A 40
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Will There Be an IPO for a Specialty Consulting Company in 2024?

Focus Investment Banking

There are only a few publicly traded companies in specialty consulting. But those companies have been public for more than 20 years. While the company generated over $260 million in revenues through the first three quarters of 2023, its stock price is trading under a dollar a share, as the company is burdened with substantial debt.

IPO 52
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SaaS M&A Snapshot: Target Market & Buyers

Software Equity Group

The SEG Index, a collection of 116 public SaaS companies, fell by 48.2%. 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. was only a slight decline from 2020’s 5.7x After the market exuberance of 2020 and 2021, peaking at 8.0x

M&A 52
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Highlights from Cooley’s M&A Dealmakers Roundtable: SPACs!

Cooley M&A

As reflected in Chart 1 , 102 SPAC IPOs have been announced this year as of September 18, 2020—almost double the number of SPAC IPOs in all of last year (and more than double the number of SPAC IPOs in 2018). Valuation Certainty. A distinct feature of SPAC 3.0 is the increased frequency at which SPAC IPOs are occurring.

M&A 52
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Keeping Up with Delaware Appraisal Jurisprudence Since Aruba: Deal Price Reigns Supreme, But Will Recent Decision Lead to More Arbitrage?

Cooley M&A

However, the court’s January 2020 decision in the Panera appraisal proceeding provides a cautionary tale about the downside of prepaying the deal price for appraisal shares. Panera Bread was a publicly traded company that JAB Holdings B.V. Selected Appraisal Decisions Since Aruba Using Valuation Method Other than Deal Price.