News

Defense tech in Europe: From grants to private capital

European defense technology, traditionally grant-funded, is increasingly attracting private capital as geopolitical shifts and national priorities reshape the investment landscape. This transition necessitates a refined understanding of valuation, deal structuring, and risk for shareholders and investors.

Series A for Ukrainian SaaS: real vs expected valuations

Ukrainian SaaS companies seeking Series A funding often face a significant gap between their valuation expectations and market realities. Understanding current market multiples and the impact of geopolitical factors is critical for successful capital raising.

AS-IS to TO-BE: the analytical work most ERP projects skip

Many ERP implementations fail to deliver expected value because they neglect the rigorous AS-IS to TO-BE business process analysis, leading to significant capital misallocation and missed opportunities for enterprise value creation.

EV/Revenue, EV/EBITDA, and DCF: which valuation model fits SaaS

Selecting the appropriate valuation model for a SaaS company depends heavily on its stage, profitability, and growth trajectory. While multiples offer quick benchmarks, a robust DCF remains essential for capturing long-term value creation.

Strategic buyer vs financial investor: how to pick the right exit path

The choice between a strategic buyer and a financial investor significantly impacts exit value, deal structure, and post-acquisition control for technology company shareholders. Understanding their distinct motivations and valuation approaches is critical for optimizing a sale.

Why IT companies are worth less than their founders expect

Founders often anchor their valuation expectations to early-stage metrics or isolated market highs, overlooking critical factors that depress enterprise value in later-stage transactions. This disconnect stems from a misunderstanding of how buyers assess risk, future growth, and operational maturity.

IT strategy for mid-market: when to commission consulting

Mid-market technology companies often face a critical juncture where an undefined IT strategy can directly impact enterprise value. Engaging external IT consulting becomes essential when internal capabilities are insufficient for capital events or significant operational shifts.

How shareholders measure whether their IT asset is gaining value

In 2023, the median enterprise value to revenue multiple for B2B SaaS companies with over $10M ARR declined by approximately 20% compared to the previous year, signaling a recalibration in market expectations for growth versus profitability. For shareholders of technology businesses, understanding whether their IT asset is appreciating requires a nuanced approach that transcends simple […]