GP Bullhound published its latest market report on the Software-as-a-Service (“SaaS”) space, examining the public company landscape, M&A, private placement and IPO trends in Q2 2019, including go-to-market strategies, growth trajectories, unit economics, strategic consolidator and investor demand, and market valuation dynamics compared to historical valuations for SaaS companiesJonathan Cantwell, Executive Director at GP Bullhound, commented: „Mid-way through 2019, the software market is experiencing an increased gap in valuation multiples between the best of breed players and the rest of the constituents merely modeled after a traditional “SaaS” model.
We have seen large tech giants make big bets in analytics with Salesforce’s acquisition of Tableau for 14x revenue and Google’s acquisition of Looker for 26x revenue. Given ease of access to capital and lofty public company valuations, we expect to see more marquee deals in 2019. Our Q2 2019 SaaS report goes in-dept on the latest trends and deal activity across the SaaS universe.“
The full report is available for download here.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com