The Software Equity Group (SEG) regularly publishes quantitative research on the software and SaaS market M&A activity. The SEG SaaS Index contains 110 publicly traded SaaS companies. They recently published their SEG Snapshot: 3Q22 SaaS Public Market Update -you can download it for free here. It provides a ton of data on SaaS valuations and financial operating metrics. The Median SaaS company Enterprise Value/Revenue multiple declined another 10% since Q2 and a whopping 62% since September 2021. I have extracted a few key data points including:
- Median EV/Revenue Multiple, by Quarter, 3Q17 to 3Q22
- % M&A Deals Driven by Private Equity
- SEG SaaS Index, Median Metrics 3Q21 to 3Q22
- 2022 Monthly Median SaaS EV/Revenue Multiples
- 3Q22 Median SaaS Category TTM Revenue Growth
- 3Q22 Median SaaS Category EV/Revenue Multiples
- SEG SaaS Index Q322 Top 25% by EV/Revenue
- SEG SaaS Index Q322 Bottom 25% by EV/Revenue
Median EV/Revenue Multiple, by Quarter, 3Q17 to 3Q22
SEG Snapshot: 3Q22 SaaS Public Market Update
% M&A Deals Driven by Private Equity
SEG Snapshot: 3Q22 SaaS Public Market Update
SEG SaaS Index, Median Metrics 3Q21 to 3Q22
SEG Snapshot: 3Q22 SaaS Public Market Update
2022 Monthly Median SaaS EV/Revenue Multiples
SEG Snapshot: 3Q22 SaaS Public Market Update
3Q22 Median SaaS Category TTM Revenue Growth
SEG Snapshot: 3Q22 SaaS Public Market Update
3Q22 Median SaaS Category EV/Revenue Multiples
SEG Snapshot: 3Q22 SaaS Public Market Update
SEG SaaS Index Q322 Top 25% by EV/Revenue
SEG Snapshot: 3Q22 SaaS Public Market Update
SEG SaaS Index Q322 Bottom 25% by EV/Revenue
SEG Snapshot: 3Q22 SaaS Public Market Update
Also published on Medium.
John Mecke
View More PostsJohn 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.
