With a total of 216 transactions in the software market, we observe a 20% increase of total transactions compared to the first half of 2015. In general, valuations remain on a high level between 2,4x – 4,8x sales multiples and 11,6x – 17,3x EBITDA multiples. The overall reported transaction volume in the first half was € 2.4 bn. The increase in total transactions can also be confirmed by the regained momentum of SaaS trading multiples. Not surprisingly, private equity investors continue to play an active and leading role in the market as in the last years.
In the last 12 months only, CatCap advised on six software transactions. CatCap is part of the international Globalscope M[&]A network with 45 partners and more than 500 professionals worldwide.
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