E16: SaaS M&A Market Trends Q324

SummaryIn this episode, Christian Hassold, host of In/Organic Podcast provides a mid-year market update for the M&A market in the SaaS industry. He discusses the macro conditions and factors influencing M&A activity, such as interest rates and FTC oversight. He also reviews his prediction on the increase in startups buying startups and analyzes four specific deals completed in the past six months. Overall, M&A activity is slightly up, but valuations are down, and deals are stalled due to disagreements on purchase prices. However, deals are getting done, likely at lower valuationsTakeaways• M&A activity in the SaaS industry is slightly up, but valuations are down.• Misalignment on purchase prices are causing deals to get stalled.• Some deals are still getting done, both by PE's and corporate-sponsors, but at lower valuations• SaaS Startups are not being acquired at the levels predicted, we examined 4 deals that have gotten done in Q3 to get a sense of the marketChapters00:00: Welcome00:33: Taylor Swifts EU Invasion02:53: Macro Conditions and Factors Influencing SaaS M&A07:07: PE-backed and Corporate-backed Deals10:01: Stalled Deals in SaaS and Market Dynamics 14:05: Revisiting 2024 Startup M&A Predictions17:53: Review of 4 Recently Announced DealsEpisode ReferencesAll In Podcast EP188Pitchbook: The State of Enterprise SaaS M&A (Q324)Carta: Q1 and Historical Startup ShutdownsCarta: Startup Acquisition MetricsConnect with Christian & In/organic PodcastChristian's LinkedIn: https://www.linkedin.com/in/hassold/In/organic on LinkedIn: https://www.linkedin.com/company/inorganic-podcastIn/organic on YouTube: https://www.youtube.com/@InorganicPodcast/featured Hosted on Acast. See acast.com/privacy for more information.