EUROPEAN SOFTWARE M&A MARKET
2019 Software Market Snapshot

The European software M&A market got off to a tremendous start this year – with 277 transactions in the first half of 2019, activity was 35% higher year on year. Following on from last year’s positive volume and valuations development, M&A transaction activity reached its highest level in over 10 years. We are pleased to present you our first H1 2019 Snapshot of the European Software M&A Market.

Partners

Bild av Michael Moritz
Michael Moritz

Managing Partner

Telefon: +49 30 809 33 47-13

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Bild av Mark Miller
Mark Miller

Managing Partner

Telefon: +49 40 300 836-11

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Bild av Daniel Garlipp
Daniel Garlipp

Managing Partner

Telefon: +49 40 300 836-19

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Bild av Anders Bo
Anders Bo

Managing Partner

Telefon: +45 4199 8252

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Bild av Anders Elgemyr
Anders Elgemyr

Managing Partner

Telefon: +46 70 496 18 15

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Bild av Erik Lundberg
Erik Lundberg

Partner

Telefon: +46 73 850 35 59

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Bild av Sebastian Fischer
Sebastian Fischer

Director

Telefon: +49 89 255 49 53-12

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Bild av Nils Zettelmeyer
Nils Zettelmeyer

Director

Telefon: +49 30 809 33 47-25

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Bild av Gerrit Zwarg
Gerrit Zwarg

Senior Associate

Telefon: +49 40 300 836-28

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Carlsquare at glance

12

Partners

70+ 

Employees

06

Offices across Europe

55

Transactions in the past 2 years

European software

Private equity investors in particular are increasingly on the hunt for attractive investment opportunities within the software sector – an observation reflected both in the transaction number increase, and in higher deal volumes by PE players. Central valuation drivers are Cloud and SaaS business models that put growth above profitability. While large horizontal players have been consolidating the market, more and more high-growth specialists are emerging in niche sectors. Another trend we observed are strategic buyers hitherto unrelated to the software markets acquiring software assets in an effort to make their products smart and connected.

With 70 employees across our offices in Hamburg, Munich, Berlin, London, Stockholm and Copenhagen, we offer integrated cross-border M&A advice for medium-sized transactions. Within the last 18 months, we have completed 43 transactions, 8 of them in the software segment. This makes us one of the most active M&A advisors in the market.

If you are planning a transaction or are interested in an exchange regarding the software market, we are looking forward to a dialogue with you. Simply get in touch with us.

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Team

Bild av Jessica Algner
Jessica Algner

Assistant

Telefon: +49 30 809 33 47-12

LinkedIn

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Bild av Polina Amini
Polina Amini

Senior Associate

Telefon: +49 40 300 836-14

LinkedIn

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Bild av Jonatan Andersson
Jonatan Andersson

Equity Analyst

Telefon: +46 70 508 00 51

LinkedIn

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Bild av Markus Augustsson
Markus Augustsson

Head of Equity Research

Telefon: +46 76 235 03 20

LinkedIn

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Bild av Agata Barsallo
Agata Barsallo

Office Management & Accounting

Telefon: +44 20 8017 6020

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Bild av Caroline Berglund
Caroline Berglund

Head of Equity Sales

Telefon: +46 73 382 10 82

LinkedIn

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Bild av Anders Bo
Anders Bo

Managing Partner

Telefon: +45 4199 8252

LinkedIn

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Bild av Ulf Boberg
Ulf Boberg

Senior Advisor Life Sciences

Telefon: +46 73 312 44 90

LinkedIn

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Bild av Manfred Drax
Manfred Drax

Partner

Telefon: +49 89 255 49 53-15

LinkedIn

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Bild av Anders Elgemyr
Anders Elgemyr

Managing Partner

Telefon: +46 70 496 18 15

LinkedIn

@

Bild av Sebastian Fischer
Sebastian Fischer

Director

Telefon: +49 89 255 49 53-12

LinkedIn

@

Bild av Daniel Garlipp
Daniel Garlipp

Managing Partner

Telefon: +49 40 300 836-19

LinkedIn

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Bild av Philip Goldhahn
Philip Goldhahn

Vice President

Telefon: +49 40 300 836-21

LinkedIn

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Bild av Thorsten Grandt
Thorsten Grandt

Vice President

Telefon: +49 30 809 33 47-20

LinkedIn

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Bild av Johan Heigard
Johan Heigard

Vice President

Telefon: +46 70 246 99 88

LinkedIn

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Bild av Caroline Heintz
Caroline Heintz

Senior Associate

Telefon: +46 707 40 68 58

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Bild av Maurice Hinrichs
Maurice Hinrichs

Associate

Telefon: +49 40 300 836-20

LinkedIn

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Bild av Arnold Holle
Arnold Holle

Managing Partner

Telefon: +44 20 80176020

LinkedIn

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Bild av Lars Johansen
Lars Johansen

IT&Telecom Expert

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Bild av Elaine Kelly
Elaine Kelly

Head of Marketing

Telefon: +49 40 300 836 18

LinkedIn

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Bild av Anna-Lena Kickbusch
Anna-Lena Kickbusch

Office Management & Accounting

Telefon: +49 40 300 836 10

LinkedIn

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Bild av Morten Kjærulff
Morten Kjærulff

Partner

Telefon: +45 2634 9031

LinkedIn

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Bild av Mischa Krause
Mischa Krause

Director

Telefon: +49 40 300 836-24

LinkedIn

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Bild av Steffen Leckert
Steffen Leckert

Managing Partner

Telefon: +49 89 255 49 53 26

LinkedIn

@

Bild av Malve Liebig
Malve Liebig

Senior Associate

Telefon: +49 89 255 49 53-18

LinkedIn

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Bild av Erik Lundberg
Erik Lundberg

Partner

Telefon: +46 73 850 35 59

LinkedIn

@

Bild av Eva Macha
Eva Macha

Office Management & PA to Michael Moritz

Telefon: +49 30 809 33 47-10

LinkedIn

@

Bild av Mandy May
Mandy May

Head of Operations

Telefon: +49 30 809 33 47 16

LinkedIn

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Bild av Mirja Meyer
Mirja Meyer

Office Management & Accounting

Telefon: +49 40 300 836 10

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Bild av Mark Miller
Mark Miller

Managing Partner

Telefon: +49 40 300 836-11

LinkedInXING

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Bild av Michael Moritz
Michael Moritz

Managing Partner

Telefon: +49 30 809 33 47-13

LinkedIn

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Bild av Bertil Nilsson
Bertil Nilsson

Senior Equity Analyst

Telefon: +46 70 434 90 03

LinkedIn

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Bild av Flemming C. Pedersen
Flemming C. Pedersen

Managing Partner

Telefon: +45 4199 8251

LinkedIn

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Bild av Anika Schaefer
Anika Schaefer

Office Management & HR

Telefon: +49 89 255 495 310

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Bild av Alexander Schleppegrel
Alexander Schleppegrel

Associate

Telefon: +45 2621 0543

LinkedIn

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Bild av Nico Schmidt-Weidemann
Nico Schmidt-Weidemann

Managing Partner

Telefon: +49 89 255 49 53-17

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Bild av Caspar Graf Stauffenberg
Caspar Graf Stauffenberg

Managing Partner

Telefon: +49 89 255 49 53-11

LinkedIn

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Bild av Gregor Steins
Gregor Steins

Senior Associate

Telefon: +49 40 300 836-15

LinkedIn

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Bild av Jon Tingling
Jon Tingling

Vice President

Telefon: +44 77 1347-8286

LinkedIn

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Bild av Sybille de Vegvar
Sybille de Vegvar

Business Development & Marketing

Telefon: +44 20 8017 6017

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Bild av Oskar Wollert
Oskar Wollert

Vice President

Telefon: +46 761 71 11 60

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Bild av Nils Zettelmeyer
Nils Zettelmeyer

Director

Telefon: +49 30 809 33 47-25

LinkedIn

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Bild av Andreas Zetzsche
Andreas Zetzsche

Partner

Telefon: +49 30 809 3347 33

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Bild av Marta Zientarski
Marta Zientarski

Vice President

Telefon: +46 73 840 55 66

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Bild av Gerrit Zwarg
Gerrit Zwarg

Senior Associate

Telefon: +49 40 300 836-28

LinkedIn

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