“Reinvent and Rebrand”: Strategies Followed by a SaaS Company to Become M&A Ready
A case study about strategies a SaaS company followed to become M&A ready
A case study about strategies a SaaS company followed to become M&A ready
After posting a solid gain in our winter report, the FOCUS Carrier-Focused Telecom Technology Index (CFTTI) dropped 2.2% in our spring reporting period. This was slightly better than the 2.7% drop in the S&P 500, but worse than the 0.1% decline in the NASDAQ. The EFTTI is also down nearly 14% compared to this time last year. Over this time period, the EFTTI lagged the 9.2% decline in the S&P 500 but outperformed the 16.7% drop in the NASDAQ. Sector multiples are also lower than they were at this time last year. The sub sector revenue multiple dropped sharply from 2.5x to 2.1x, while the sector EBITDA multiple posted a more modest decline as it fell from 11.9x to 10.6x.
It is easy to understand the allure of restaurant franchising.
While many consumer industries are bracing for a recession amid rising prices, the beauty business seems set to roll along nicely.
Create new value and avoid leaving money on the table: 5 Pro Tips for MSP business owners.
In part 5, we discuss the significance of leading with a clear mission and values, putting to paper a growth plan, and staying aware of industry activity.
The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) experienced another disappointing reporting period with a three-month drop of 2.4%. This loss was in stark contrast to the broader indices as the S&P 500 and NASDAQ were up 5.3% and 5.4%, respectively. The EFTTI is also trading 19.0% below the levels of a year ago. This significantly underperformed the 9.7% loss in the S&P 500 but was roughly in line with the 18.7% decline in the NASDAQ. Sector multiples closed out the period at 4.6x revenue and 19.5x EBITDA. Both of these are lower than the corresponding multiples of a year ago of 6.1x revenue and 23.4x EBITDA.
As the Federal Reserve continues to tighten monetary policy to try to control inflation, two things could happen.
The market for small-to-medium company mergers and acquisitions may be down in 2023, but it’s definitely not out.
Business Services middle market mergers & acquisitions slowed in 2022, at least compared to 2021's record and probably unrepeatable volume.