SaaS & Software M&A
Active Buyer Market

You Built the Product.We'll Find the Right Exit.

Whether you're ready to sell, exploring strategic options, or curious about your company's value, we help SaaS founders navigate exits with the same precision you bring to your product.

$78B+

SaaS M&A Volume

2024 Global Activity

6-12x

ARR Multiples

For Quality Companies

2,400+

Software Deals

Completed in 2024

The SaaS M&A Market Today

Conditions are favorable for well-positioned software companies

Strategic Buyer Appetite

Tech giants and platform companies are actively acquiring to expand capabilities, enter new markets, and accelerate product roadmaps.

PE Software Focus

Private equity has allocated record capital specifically to software and technology, with software-focused funds actively deploying.

Recurring Revenue Premium

Subscription-based businesses with strong retention metrics command premium valuations compared to traditional software licensing.

Consolidation Wave

Category leaders are rolling up point solutions. Your product could be the perfect addition to a larger platform.

What SaaS Founders Are Thinking About

We understand the unique considerations when selling a software company

Team Continuity

Your engineers and product team built something special. We help structure deals that protect the people who made it possible.

Product Vision

Will the buyer continue investing in your roadmap? We find acquirers who value what you've built and where it's going.

Customer Relationships

Your customers trusted you. We negotiate transitions that maintain service quality and protect those relationships.

Founder Role Post-Exit

Stay involved or move on? We structure deals that match your timeline, whether that's 6 months or 3 years.

Earnout Structures

Milestone-based payments can align incentives or create risk. We negotiate terms that protect your upside.

Intellectual Property

Your code, patents, and trade secrets are core assets. We ensure proper protection and fair valuation.

Software Companies We Represent

Our buyer network actively pursues these business models

Very High Demand

B2B SaaS

Enterprise SoftwareSMB SolutionsVertical SaaSHorizontal Platforms
Typical Range6-12x ARR

Highest demand segment, especially with strong NRR

Very High Demand

Developer Tools

DevOps & InfrastructureAPIs & IntegrationsLow-Code/No-CodeSecurity Tools
Typical Range8-15x ARR

Strategic buyers pay premium for developer ecosystems

Premium Demand

Data & Analytics

Business IntelligenceData InfrastructureAI/ML PlatformsAnalytics Tools
Typical Range10-20x ARR

AI and data capabilities driving premium valuations

High Demand

Vertical Software

Healthcare TechFintechPropTechLegalTechEdTech
Typical Range5-10x ARR

Deep domain expertise commands premium in niche markets

High Demand

Infrastructure & Hosting

Cloud InfrastructureManaged ServicesMSPsHosting Platforms
Typical Range4-8x ARR

Recurring revenue with high switching costs valued

High Demand

Marketplaces & Platforms

Two-Sided MarketplacesApp EcosystemsCommerce PlatformsAPI Marketplaces
Typical Range5-12x GMV

Network effects and GMV growth drive valuations

What Drives SaaS Valuations

The metrics buyers care about most

Premium Drivers

Net Revenue Retention+2-4x multiple

NRR above 110% signals expansion and stickiness

Growth Rate+2-3x multiple

Year-over-year ARR growth above 30%

Gross Margins+1-2x multiple

Software margins above 70% indicate scalability

Low Churn+1-2x multiple

Logo churn under 5% annually

CAC Payback+1-2x multiple

Customer acquisition payback under 12 months

Market Position+1-3x multiple

Category leader or clear differentiation

Risk Factors

Customer Concentration-1-3x multiple

Any customer over 20% of ARR

High Churn-2-4x multiple

Annual revenue churn above 15%

Founder Dependency-1-2x multiple

Key functions tied to founder

Technical Debt-1-2x multiple

Outdated stack or poor documentation

SaaS Metrics 101

The Metrics That Matter

ARR

Annual Recurring Revenue

The foundation of SaaS valuation. Predictable, contracted revenue.

NRR

Net Revenue Retention

Revenue from existing customers after churn and expansion. Over 100% means growth without new sales.

Gross Margin

Gross Profit Margin

Revenue minus cost of delivery. High margins signal scalability.

CAC

Customer Acquisition Cost

What it costs to acquire a customer. Lower is better.

LTV

Lifetime Value

Total revenue from a customer over their lifetime. LTV/CAC ratio measures efficiency.

Churn

Customer Churn Rate

Percentage of customers or revenue lost. Low churn signals product-market fit.

Who Buys SaaS Companies

Different buyers, different priorities. We match you with the right fit.

Strategic Acquirers

Large tech companies acquiring for product expansion, talent, or market entry. Often pay highest premiums for strategic fit.

Looking For:

Product synergy, engineering talent, customer base, technology capabilities

Examples:

Microsoft, Salesforce, Adobe, ServiceNow, HubSpot

Private Equity (Software-Focused)

PE firms specializing in software with operational expertise to accelerate growth. Often offer rollover equity.

Looking For:

$2M+ ARR, path to profitability, market leadership potential

Examples:

Vista Equity, Thoma Bravo, Insight Partners, Silver Lake

Growth Equity

Investors taking minority or majority stakes to fund expansion without full exit. Good for founders who want to stay.

Looking For:

High growth, proven product-market fit, expansion capital needs

Examples:

General Atlantic, Summit Partners, TA Associates

Strategic Platforms

PE-backed software platforms acquiring complementary products to build category leaders.

Looking For:

Product fit, cross-sell opportunity, customer overlap

Examples:

PE-backed roll-ups in HR, finance, marketing, security

Why SaaS Founders Choose Us

We Speak Your Language

ARR, MRR, NRR, LTV/CAC, cohort analysis. We understand SaaS metrics and how to position them for buyers.

Founder-First Approach

We've worked with founders who built something from nothing. We understand what's at stake beyond the numbers.

Strategic & PE Access

Direct relationships with software-focused buyers, from tech giants to specialized PE firms.

Confidentiality Guaranteed

Your customers, employees, and competitors won't know you're exploring options until you're ready.

How We Work With Founders

1

Confidential Discussion

We learn about your business, your metrics, and your goals. No obligation, complete confidentiality.

2

Valuation & Positioning

We analyze your ARR, retention, growth, and market position to determine optimal positioning.

3

Buyer Mapping

We identify strategic and financial buyers who are the best fit for your specific situation.

4

Curated Outreach

Confidential, targeted outreach to qualified buyers who match your criteria.

5

Negotiation & Close

We manage the process, negotiate terms, and guide you through due diligence to close.

Common Questions from Founders

What's my SaaS company actually worth?

Valuations depend on ARR, growth rate, retention metrics, and market position. Quality SaaS companies typically trade between 4-15x ARR, with outliers higher. We provide confidential valuations based on current market transactions.

How do I keep this confidential from my team?

Strict NDAs, anonymous teasers, and controlled information flow. We don't share identifying information until you approve specific buyers. Your team and customers won't know unless you decide to tell them.

What if I want to stay involved after the sale?

Many buyers, especially PE firms, prefer founders who stay post-acquisition. We structure deals with transition periods, earnouts, and ongoing roles that match your timeline.

Should I wait until I'm bigger to sell?

It depends on your market, growth rate, and personal goals. Sometimes selling at $5M ARR to a strategic buyer beats waiting for $20M in a crowded market. We help you think through timing strategically.

What about my employees and their equity?

Employee retention and equity treatment are standard negotiating points. We help structure deals that take care of your team, from acceleration clauses to retention bonuses.

How long does the process take?

Typically 4-9 months from engagement to close, depending on deal complexity and buyer type. Strategic acquisitions can move faster; PE processes tend to be more thorough.

Ready to Explore Your Options?

Whether you're considering a sale, curious about your valuation, or just want to understand your options, let's start with a confidential conversation.

Where We Work

Headquartered in Oklahoma City, we represent SaaS and software companies nationwide.

Texas Tech Corridor (Austin, Dallas, Houston)Southwest & Mountain WestMidwest & Central USRemote-first companies anywhereNationwide for all software transactions