Anton Marrero
Partner at Intecracy Ventures, Member of the Supervisory Board, Intecracy Group. Co-founder of Softline and member of the Supervisory Board of Intecracy Group. Graduate of Kyiv Polytechnic Institute and the International Institute of Management (MIM). Over 25 years in information technology. At Intecracy Ventures focuses on valuation of technology assets and preparing IT companies for transactions.
-
The Evolving Role of Earn-Outs in European SaaS M&A: A Shareholder’s Guide
Private SaaS multiples have compressed materially from their late-2021 peak, leading to a significant increase in the use of earn-out provisions in European SaaS M&A transactions. This guide examines how…
Read article → -
Earn-out structures in European SaaS M&A: anticipating post-deal value creation
Earn-out provisions have become markedly more common in European tech/SaaS M&A, driven by the need to bridge valuation gaps in a compressed market. This article dissects their structure, implications for…
Read article → -
Building a Financial Model Investors Will Believe
A credible financial model is not merely a forecast; it is a strategic narrative grounded in verifiable assumptions. This article details how shareholders can construct models that withstand investor scrutiny…
Read article → -
SaaS enterprise value multiples: navigating shifts from EV/Revenue to EV/EBITDA in 2026
The SaaS valuation landscape is shifting, with a projected move from revenue-based multiples to EBITDA-based metrics by 2026. This transition reflects increased market maturity and a focus on profitability, impacting…
Read article → -
The rise of AI-driven earn-outs in European SaaS M&A
AI's integration into SaaS M&A is increasingly manifesting through earn-out structures, particularly in Europe, where buyers leverage future AI-driven performance to mitigate valuation risk. This trend impacts deal structuring, valuation…
Read article →