US SaaS multiples blast previous high out of the water
Welcome to the latest edition of the Silverpeak Benchmark report – Application Software, a review of key company valuation metrics in the US, UK and European application software sectors. By reviewing sector median averages, our aim is to provide a set of software industry benchmarks against which individual company performance can be measured.
- US SaaS median revenue multiples have continued to rise, surpassing their previous quarter end, 8.2x, by 7%; whilst also reaching an all time high of 9.4x during the quarter
- UK Small & Mid median revenue multiples were recovering, closing 6.7% higher than the previous quarter; however, they are still 10% lower than the same quarter last year (3.9x)
- European companies continue to have the lowest valuations, with no sign of this trend changing any time soon
Silverpeak advises Irish hoteltech pioneer, Avvio, as it joins forces with US private equity backed Sceptre Hospitality Resources (SHR)READ MORE
Paddy MccGwire presents overview of Series B&C growth funding market for European tech companiesREAD MORE