#M&A

Navigating the Shifting Landscape of SaaS Valuation Multiples for 2026

Private SaaS enterprise value to ARR multiples compressed materially from their late-2021 peak, reshaping deal structures and capital raising strategies. Understanding these shifts is critical for shareholders planning future …

European GovTech M&A: assessing deal value beyond public sector contracts

European GovTech M&A valuations are increasingly driven by factors beyond recurring public sector contracts. Understanding these nuanced value drivers is critical for shareholders seeking optimal exits.

Valuing Embedded Finance in SaaS: A New Metric for 2026

Embedded finance is reshaping SaaS valuations, moving beyond traditional ARR multiples. This article examines the critical shifts and introduces a new valuation perspective for technology assets incorporating financial services.

Strategic Carve-Outs of IT Assets: Unlocking Value for Diversified Tech Conglomerates

Private SaaS multiples have compressed materially from their 2021 peak, intensifying the need for diversified tech conglomerates to strategically evaluate and potentially carve out non-core IT assets. This approach allows for …

The growing influence of ESG metrics on IT asset valuation in 2026

ESG metrics are rapidly becoming a material factor in IT asset valuation, moving beyond compliance to directly impact enterprise value and deal structuring. Shareholders must now integrate these considerations into their capital …

Defense Tech in Europe: From Grants to Private Capital

European defense tech is undergoing a significant funding shift, moving beyond traditional government grants towards attracting private capital. This transition presents both opportunities and challenges for shareholders …

Navigating the new valuation benchmarks for enterprise SaaS in a post-AI boom market

Private SaaS multiples have compressed materially from their late-2021 peak, reshaping deal structures and requiring a reassessment of valuation benchmarks. This shift is particularly pronounced in a market heavily influenced by …

The rising cost of capital: reassessing SaaS valuation multiples in 2026

Private SaaS EV/ARR multiples have compressed materially since the late-2021 peak, signaling a fundamental shift in capital allocation and investor expectations. This re-evaluation necessitates a strategic reassessment of …

IT strategy for mid-market: when to commission consulting

Mid-market technology companies often face a critical juncture where their organic IT evolution no longer aligns with strategic capital objectives. Understanding when external IT consulting becomes essential can significantly …

Why Recurring Revenue Multiples for Enterprise SaaS Are Diverging from ARR Growth

Private SaaS multiples have compressed materially from their 2021 peak, leading to a disconnect between high ARR growth and lower valuation multiples. This shift necessitates a re-evaluation of value drivers beyond top-line …

Beyond ARR: how to value SaaS companies with diversified revenue streams in 2026

Valuing SaaS companies with diversified revenue streams in 2026 demands a shift beyond traditional ARR multiples. This article examines the critical factors and methodologies for accurate enterprise value assessment.

The Evolving Role of ARR in Enterprise SaaS M&A Valuation Beyond 2025

Private SaaS EV/ARR multiples have compressed materially from their late-2021 peak, forcing a re-evaluation of how Annual Recurring Revenue (ARR) is weighted in M&A transactions. Beyond 2025, a more nuanced approach to ARR, …

The Evolving Role of Corporate Governance in Safeguarding IT Asset Value Post-M&A

Post-M&A, effective corporate governance is increasingly critical for preserving and enhancing the value of acquired IT assets, especially as technical and operational due diligence frequently uncovers material risks.

Working capital adjustments at closing: a hidden lever in IT deals

Working capital adjustments are often overlooked in IT M&A, yet they can materially impact the final transaction value and cash proceeds for shareholders. Understanding and proactively managing these adjustments is critical …

The Evolving Role of Supervisory Boards in Safeguarding Tech Asset Value Post-M&A

Supervisory boards face increasing pressure to actively preserve and enhance tech asset value after M&A. This requires a shift from traditional oversight to proactive engagement with post-acquisition integration and strategic …

Why SaaS ARR Multiples Are Diverging From EBITDA Multiples in 2026

The SaaS market is experiencing a notable divergence between ARR and EBITDA multiples, driven by shifts in capital allocation and investor focus on sustainable growth. This trend necessitates a refined approach to valuation and …

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 for …

Where capital flows in European B2B SaaS in 2026

European B2B SaaS is experiencing a recalibration, with capital increasingly favoring profitability and sustainable growth over hyper-growth at any cost. This shift impacts valuations, deal structures, and the strategic …

Raising capital through a strategic partner instead of a fund

For technology companies, securing growth capital often presents a dichotomy between traditional institutional funds and strategic corporate partners. This analysis explores the distinct advantages and implications of pursuing a …

Strategic buyer vs financial investor: how to pick the right exit path

Choosing between a strategic buyer and a financial investor significantly impacts deal structure, valuation, and post-transaction control. Understanding their distinct motivations is crucial for shareholders seeking an optimal …

Information memorandum for a tech company: what works in 2026