B2B SaaS

Total Deals
107
Total Deal Value
$50.8B
Research Reports
0
Sector Experts
6

Public Sector Summary

B2B SaaS M&A Snapshot

B2B SaaS is one of the technology sectors tracked in ComCap's M&A intelligence database, with 107 tracked transactions representing $50.8B in aggregate reported value where deal terms were disclosed. Relevant subsectors include API Management & Integration, Accounting Software, Analytics & Business Intelligence, Asset Management Software, and Audit & Compliance Software. 6 ComCap bankers cover it directly. Where deal terms were disclosed, ComCap tracks 1.5x median EV/Revenue across 21 priced deals for this sector.

Transaction Activity

Deals by Year

2026
2025
2024
2023
2022
2021
2020
2019

Deal Type Breakdown

Acquisition84%
Growth investment14%
Merger2%

Valuation Multiples

Median EV/Revenue:1.5x(n=21)

Who buys in B2B SaaS

88%
12%
Strategic (61)Sponsor (8)

61 of 69 classified buyers were strategic, across 82 deals whose buyer type came from a source document rather than a model. 13 could not be classified to either side and are excluded from the split. A further 25 model-inferred deals are excluded.

How buyers pay

Cash76%
Stock22%
Earnout14%
Debt10%
Equity8%
Mixed consideration4%

Share of 49 deals that disclosed a consideration structure. A deal can use more than one, so these do not sum to 100%. 25 model-inferred deals are excluded.

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