Software Equity Group 2022 Annual Report

The Software Equity Group (SEG) regularly publishes quantitative research on the software and SaaS market M&A activity. The SEG SaaS Index contains dozens of publicly traded SaaS companies. They recently published their 2022 Annual Report. It provides a ton of data on SaaS valuations and financial operating metrics.

This post contains:

  • SEG Index Overview
  • 2021 Dow Jones, S&P 500, Nasdaq Performance cs SEG SaaS Index
  • Monthly Public Market EV/Revenue (ttm) Multiple Trends 2021
  • EV/Revenue Multiple Distributions
  • Quarterly Median Operating Margins & Ratios
  • EV/Revenue Multiples vs Revenue Growth
  • EV/Revenue vs Gross Margin
  • Enterprise Value by SaaS Category
  • Historical SaaS M&A Volume
  • 2021 Private Equity Share of SaaS M&A
  • SaaS Category Valuation & Operating Metrics

SEG Index Overview

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

2021 Dow Jones, S&P 500, Nasdaq Performance cs SEG SaaS Index 

Software Equity Group 2022 Annual Report
Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

EV/Revenue Multiple Distributions

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Quarterly Median Operating Margins & Ratios

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

EV/Revenue Multiples vs Revenue Growth

SEG 2022 Annual Report

EV/Revenue vs Gross Margin

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Enterprise Value by SaaS Category

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Historical SaaS M&A Volume

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

2021 Private Equity Share of SaaS M&A

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

SaaS Category Valuation & Operating Metrics

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report

Software Equity Group 2022 Annual Report

SEG 2022 Annual Report


Also published on Medium.

By John Mecke

John is a 25 year veteran of the enterprise technology market. He has led six global product management organizations for three public companies and three private equity-backed firms. He played a key role in delivering a $115 million dividend for his private equity backers – a 2.8x return in less than three years. He has led five acquisitions for a total consideration of over $175 million. He has led eight divestitures for a total consideration of $24.5 million in cash. John regularly blogs about product management and mergers/acquisitions.