Software Equity Group

FEBRUARY 28, 2023

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. This post will examine the current state of public SaaS company valuations and what it means for private companies. What is the SEG Index?

Valuation 52

Valuation M&A Stock Profitability 52

TechCrunch: M&A

AUGUST 2, 2023

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 224

Business Valuation IT Acquisitions 224

InvestmentBank.com

JANUARY 14, 2021

One could likely dedicate an entire history book to all that has happened in 2020. This new world has forced many new adaptations and innovations, but what has this meant for those in VC who circled themselves around new trends and innovations long before 2020? According to analysis from PwC and CB Insights, Q2 2020 showed a 9.6%

Capital 40

Capital IPO S&P Hospitality 40

Software Equity Group

DECEMBER 18, 2023

Given geopolitical instability, high interest rates, and the perception that B2B SaaS valuation multiples are declining, it is no great surprise that many founders interested in pursuing a transaction are considering delaying a liquidity event. Continue reading to learn more about what is driving today’s B2B SaaS valuation multiples.

Valuation 52

Valuation M&A Profitability Investors 52

Successful Acquisitions

APRIL 4, 2024

The program covers the topic areas of: financial markets overview, financial statement analysis, financial projections, comprehensive valuation analysis, financial modeling, merger modeling, the M&A process, and regulatory/ethical/legal considerations. Abigail joined the Capstone team in 2020 as a Research Analyst.

Financial Statement 111

Financial Statement Financial Modeling Financial Models Middle Market 111

Global Banking & Finance

OCTOBER 30, 2024

The sector achieved bubble-like valuations in 2020-21, as major funds piled in, attracted […] By Danilo Masoni MILAN (Reuters) – Renewable energy shares, reeling from an investor retreat, face extended uncertainty as the U.S.

Valuation 52

Valuation Funds Investors Stock 52

Cooley M&A

JULY 10, 2024

Amid a somewhat sluggish mergers and acquisitions market, and as buyers seek to scoop up companies at a discount while sellers long for the sky-high valuations of 2020 and 2021, the earnout is having a moment.

Mergers and Acquisitions 52

Mergers and Acquisitions Valuation Mergers Acquisitions 52

Global Banking & Finance

MARCH 24, 2024

Analysis-Spain’s battle of the banks as BBVA narrows gap to Santander By Jesús Aguado MADRID (Reuters) – BBVA’s share price has more than trebled since late 2020, narrowing its valuation gap to Santander and highlighting a divergence in fortunes between the Spanish banks that may be short-lived.

Bank 52

Bank Banking Valuation Shares 52

The Guardian: Mergers & Acquisitions

MAY 12, 2023

Investors, who have wiped out 90% of THG’s market value since September 2020, react to the latest development THG has ended talks about a possible takeover bid by Apollo saying the private equity company’s offer is an inadequate valuation of the online retail tech company.

Private Equity 51

Private Equity Retail Shares Valuation 51

How2Exit

SEPTEMBER 9, 2024

Post-COVID, Steve pursued formal education in M&A, leading to his first acquisition in September 2020. Tune in to explore the fascinating journey of Steve, his approach to valuations, and how he successfully navigated his first acquisition during the tumultuous COVID-19 period. We look at online reviews.

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M&A Mergers and Acquisitions Financial Analysis Financial Statement 130

Focus Investment Banking

SEPTEMBER 19, 2024

Valuation Dynamics While lower interest rates may fuel M&A activity by making financing cheaper, they also influence company valuations. In a low interest environment like years prior, buyers found themselves facing inflated valuations due to the inexpensive cost of debt. This article was previously publish on Tire Business.

Mergers and Acquisitions 52

Mergers and Acquisitions Acquisitions Mergers Debt 52

Trout CPA: M&A

JANUARY 7, 2022

Michael Wolfe, CPA/ABV, CVA, Valuation Services Partner at Trout CPA Pandemic Impact on M&A We can now appreciate the normalcy that existed at the end of 2019. Then came the COVID-19 pandemic in early 2020 and the ensuing chaos in business – shutdowns, government assistance, labor problems, and most recently, the supply chain disruption.

M&A 40

M&A Private Equity Valuation Business 40

Sica Fletcher

OCTOBER 23, 2024

Who Performs A Valuation? RIA valuations are typically performed by one of three parties: The M&A Advisor A Third-Party Specialist The Seller Themselves Although many sellers attempt to perform their own valuations, we strongly recommend against this.

Valuation 52

Valuation M&A Insurance S&P 52

OfficeHours

JULY 4, 2023

Going to keep today rather simple — we want to celebrate and kick off the second half of the year with a simple offer for the first 10 people that take advantage of the below — PE Platform Access for $225 OFF = $74 out of pocket for lifetime access Our flagship program has placed mentees into most major private equity firms since launching in 2020.

Sale 130

Sale Private Equity Recruitment Equities 130

Growth Business

JUNE 8, 2023

Global tech exits — through both IPOs and M&A — remain stagnant, with $21bn in value so far this year, compared to a peak of $177bn in 2020 and $166bn in 2021. 2021 was a clear outlier, with investment volumes and valuations now returning to long-term averages.”

Investment 106

Investment IPO Business Funds 106

Solganick & Co.

MARCH 11, 2022

“Public market software company valuations have been battered starting in November of 2021. ” In 2021, M&A activity in the Technology sector increased 56% in 2021, up from 2020’s modest 7% increase, led again by software deals. . That’s after a modest increase of 7% in 2020, despite the drag from Covid.

M&A 52

M&A Middle Market Valuation Private Equity 52

Growth Business

MAY 31, 2023

Top UK angel networks Newable Ventures – best for emerging industries Formerly called London Business Angels until 2020, Newable Ventures invests in emerging markets like AI, robotics, space, the ‘fourth industrial revolution’ (4IR) and med tech. VCs tend to come in further down the line.

Investment 96

Investment Investors Funds Business 96

Shearman & Sterling

FEBRUARY 3, 2021

215, 2020 (Del. The Court of Chancery had explained that the circumstances surrounding the business combination that triggered the appraisal rights "disqualif[ied] market evidence as reliable inputs for a fair value analysis," leaving the court to consider competing expert opinions on a DCF valuation. SourceHOV Holdings Inc.

DCF 52

DCF DCF Analysis Discounted Cash Flow Financial Services 52

TKO Miller

MAY 11, 2023

Packaging Trends Q1 M&A Update Valuations continue to remain strong across the packaging industry, despite economic uncertainty, looming economic questions, and evidence of a slight slow down in dealmaking; as a result, companies with solid fundamentals can attract premium valuations Private equity was responsible for much of the transaction volume (..)

Middle Market 71

Middle Market Valuation M&A Economics 71

SDR Ventures

AUGUST 24, 2022

Discussion Highlights Valuation Multiples in the COVID Era While the initial economic slowdown caused by COVID-19 sidelined many active transactions for a quarter or two, we have seen M&A activity (especially in the lower-middle market) recover in recent months.

Middle Market 52

Middle Market Private Equity Equities M&A 52

Bronte Capital

MAY 21, 2021

John Extract F ollowing the allegations made public by Viceroy Research LLC, Wilmington, Delaware, USA, in the role of a short seller in September 2020, GRENKE AG’s financial reporting as at the immediately subsequent reporting date has a particularly indicative effect from the perspective of the capital market and other key stakeholders.

Financial Statement 100

Financial Statement Management Accountant Risk Assessment 100

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. was only a slight decline from 2020’s 5.7x After the market exuberance of 2020 and 2021, peaking at 8.0x After the market exuberance of 2020 and 2021, peaking at 8.0x

M&A 52

M&A Private Equity Equities S&P 52

Peak Frameworks

MAY 22, 2023

billion as of December 2020. In 2020, Google's parent company Alphabet Inc. Importance of Asset Valuation and Management Proper asset valuation and management are essential for businesses to maintain a healthy balance sheet and maximize their potential. In 2020, Coca-Cola reported $27.2 For instance, Tesla Inc.

Accountant 52

Accountant Equities Debt Private Equity 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. PE Cost of Debt vs. RoR, H1 2020 - H2 2023 This inverse spread indicates one of the strongest seller’s markets we’ve seen in the insurance M&A market to date. in 2020 to 9.5%

M&A 52

M&A Insurance Valuation Equities 52

Focus Investment Banking

JUNE 12, 2023

billion, similar to the figures seen in 2020 and 2021. In particular, international equities could reap benefits from lower expectations and already low valuations. While average valuations in the U.S. The top thirty middle-market vehicles accounted for over half of all capital raised.

Private Equity 52

Private Equity M&A Equities Middle Market 52

Shearman & Sterling

FEBRUARY 3, 2021

215, 2020 (Del. The Court of Chancery had explained that the circumstances surrounding the business combination that triggered the appraisal rights "disqualif[ied] market evidence as reliable inputs for a fair value analysis," leaving the court to consider competing expert opinions on a DCF valuation. SourceHOV Holdings Inc.

DCF 40

DCF DCF Analysis Discounted Cash Flow Financial Services 40

Peak Frameworks

JUNE 7, 2023

For instance, in 2020, IBM reported solid net income. Cash Flow from Operations in Valuation Models Valuation models such as the Discounted Cash Flow (DCF) model use CFO as a key input. However, a look at the CFO shows a different story, mainly due to changes in their working capital, signaling potential financial stress.

Financial Analysis 52

Financial Analysis Discounted Cash Flow DCF Finance 52

How2Exit

OCTOBER 3, 2022

Revenue Growth: While demonstrated revenue growth and a solid pipeline will lend itself to higher valuations, the quality of that revenue growth is also important. billion (USD) in 2020. When combined, this increases the odds of a higher valuation upon exit. The market is expected to grow to $274.20 billion by 2026.

Management 100

Management S&P Acquisitions Business 100

Sun Acquisitions

NOVEMBER 7, 2022

At the onset of the coronavirus crisis, the SBA launched its Payment Protection Program Loan in 2020. Getting a business ready to present to investors requires the assistance of experienced brokers who will help you gather and prepare financial documents, conduct business valuation , and screen and qualify buyers.

Business 98

Business Mergers and Acquisitions Sale Debt 98

Growth Business

JUNE 7, 2023

And it’s fair to say that for a while some private market valuations became inflated, with predictable consequences for some. 3 – GoCardless GoCardless is one of the fastest-growing UK fintechs, and in 2020 was recognised by Deloitte in its UK Technology Fast 50 list. Starling, though, is different. See additional roles, here. #3

Funds 98

Funds Bank Banking Investment 98

Mergers and Inquisitions

MARCH 13, 2023

eliminated these requirements in March 2020, and they’re loose or nonexistent in many other countries , so banks are limited mostly by their regulatory capital. They could have just left the funds in cash, but cash yielded ~0% in 2020 – 2021, so SVB put most of these funds in mortgage-backed securities and other U.S. But the U.S.

Bank 123

Bank Banking Funds Government 123

Cooley M&A

OCTOBER 29, 2020

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

M&A IPO Valuation Mergers and Acquisitions 52

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. In deals with the highest earnout, business owners turn to a specialized M&A advisory firm to handle negotiations and oversee valuations.

Insurance 52

Insurance M&A S&P Broker 52

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. On December 4, 2020, Seacor agrees to be acquired by AIP, a financial buyer, to take the company private. Here’s a brief summary of what has happened to date.

Investors 40

Investors IT Shares Valuation 40

InvestmentBank.com

SEPTEMBER 18, 2019

Valuations and Deal Multiples PillPack was valued at $361 Million in 2016 and Amazon acquired it for more than double that valuation two years later. PillPack has since been increasing annual revenue at a near parabolic level, projecting 2020 revenue to top $1 billion dollars. What was the premium above the 2016 valuation?

Food 52

Food Valuation Acquisitions M&A 52

Growth Business

DECEMBER 1, 2023

Given that it only launched in March 2020, the bank even turned a profit last year – which is unusual in the cash-intensive fintech sector, which burns cash fast. In February 2022, GoCardless announced a Series G funding round of £254m ($312m), making it the latest European and UK tech unicorn with a valuation of £1.7bn ($2.1bn).

Bank 98

Bank Banking Business Engineering 98

Mergers and Inquisitions

SEPTEMBER 11, 2024

Operating metrics and valuation multiples , especially for the assets and companies that are the most different (see below). So, even if you’re advising entire companies, you must still be familiar with asset-level modeling and valuation and how an entire portfolio works. What Do You Do as an Analyst or Associate?

Investment Banking 59

Investment Banking Bank Banking Investment 59