Due Diligence
Pre-transaction review: technical, financial, operational. What buyers and investors look at.
-
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 → -
The rise of earn-outs in European SaaS M&A: implications for sellers in 2026
Earn-outs are becoming a dominant feature in European SaaS M&A, driven by market uncertainty and valuation gaps. This shift significantly impacts deal structures, risk allocation, and the ultimate capital realization…
Read article → -
Strategic partners as capital sources: Beyond traditional funds
While traditional investment funds remain a primary capital source, strategic partners offer a distinct alternative, often providing not just funding but also market access, operational synergies, and a clearer exit…
Read article → -
Navigating the shifting landscape of SaaS valuation multiples in a post-AI boom market
SaaS valuation multiples have seen significant recalibration post-AI boom, with average public SaaS enterprise value to NTM revenue multiples declining from 10.6x in late 2021 to 5.7x by early 2024.…
Read article → -
Corporate governance in IT companies: when it becomes a barrier
Poorly structured corporate governance in IT companies often directly impacts valuation multiples and deal terms, with 40% of M&A transactions seeing adjustments due to governance-related risks.
Read article →