November 30, 2020 – Solganick & Co. has issued its latest software M&A update for Q3 2020. The report highlights current trends and transactions within the software sector.
You can download the complete report here: Solganick & Co. – Software M&A Update Q3 2020
As of Q3 2o2o, the software industry has been one of the top M&A sectors in terms of deal value and volume. Relative to somewhat weak Q2, software M&A
activity returned in Q3 2020
- The initial uncertainty and need to stabilize existing operations and portfolio companies subsided, allowing for
renewed focus on transaction pursuit - Debt financing availability returned in Q3, further enabling market participants to transact
- Certain subsectors are particularly well positioned to succeed post pandemic
- Communications and connectivity focused companies have benefitted from the sudden shift to remote work and education, a trend that is anticipated to persist longer term given widespread adoption
- SaaS based business models are continuing to be highly resilient and sought after
Significant software transactions included:
- Clarivate’s $6.8 billion acquisition of CPA Global
- Roper’s $5.4 billion acquisition of Vertafore
- AVEVA’s $5.0 billion acquisition of OSIsoft
IPO and financing activity during the quarter was extremely robust
- Snowflake, Rocket Companies and Palantir entered the public marketplace with over $120 billion in combined market capitalization
Solganick & Co. is a data-driven investment bank and M&A advisory firm focused exclusively on software and tech-enabled services companies.
For more information about this report or the software M&A sector, please contact Solganick & Co. at Contact Us
