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 February 2022 SEG SaaS Index Update. It provides a ton of data on SaaS valuations and financial operating metrics. The impact of the market downturn can be clearly be seen across all categories of SaaS. I have extracted a few key data points including:

  • YTD Market Performance
  • YTD SaaS Category Price Declines
  • YTD Biggest SaaS Price Declines
  • YTD SaaS Category Metrics
  • SaaS Index Metrics for Top 25% by EV/Revenue
  • SaaS Index Metrics for Bottom 25% by EV/Revenue

YTD Market Performance

February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update

YTD SaaS Category Price Declines

February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update

YTD Biggest SaaS Price Declines

February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update

YTD SaaS Category Metrics

SEG February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update

SaaS Index Metrics for Top 25% by EV/Revenue

SEG February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update

SaaS Index Metrics for Bottom 25% by EV/Revenue

SEG February 2022 SEG SaaS Index Update

SEG February 2022 SEG SaaS Index Update


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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.