Iryna Bondarenko

Bridging the valuation gap in enterprise software M&A: post-pandemic DCF adjustments for 2026

Private SaaS EV/ARR multiples have materially compressed from their late-2021 peak, leading to a significant valuation gap in enterprise software M&A. This necessitates a re-evaluation of DCF models, particularly for …

Management analysis before ERP implementation: how to save 40% of budget

ERP implementations frequently exceed budget and timelines due to inadequate pre-implementation analysis. A thorough management analysis phase can mitigate these risks, directly impacting capital efficiency and long-term …

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 Evolving Landscape of Earn-Outs in European SaaS M&A: A Shareholder Perspective

Private SaaS multiples have compressed materially from their late-2021 peak, leading to a significant increase in earn-out provisions within European M&A transactions. This shift fundamentally alters the risk and reward …

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 …

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.

Preparing an IT company for sale in 18 months: a shareholder checklist

This article outlines a strategic 18-month roadmap for IT company shareholders preparing for a sale, focusing on enhancing valuation, mitigating risks, and optimizing deal outcomes.

The evolution of earn-out structures in European B2B SaaS M&A: a 2026 perspective

Earn-out provisions have become markedly more common in European tech M&A, driven by the need to bridge valuation gaps in a compressed multiple environment. This analysis explores how these structures are evolving and their …

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 and directly impact …

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 …

Navigating the valuation arbitrage between ARR and EBITDA multiples in mid-market SaaS

The divergence in how Annual Recurring Revenue (ARR) and EBITDA multiples are applied to mid-market SaaS valuations presents a critical arbitrage opportunity and risk for shareholders and investors. Understanding this dynamic is …

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 …

IP on code: How it is structured before a sale

Information memorandum for a tech company: what works in 2026