E-Spring is looking for an M&A Associate
Contribute to the success of a growing M&A Boutique! Are you looking for your next challenge with a company that has strong values and makes a real difference to its clients through the missions it undertakes? You want to be involved in a variety of M&A assignments and experience entrepreneurial lifestyle. This is a unique […]
E-Spring advised the shareholders of Thermibel on its sale to Indutrade AB
Brussels-Stockholm, 22 December 2025, E-Spring is pleased to announce that it has acted as exclusive financial advisor to the shareholders of Thermibel S.A., a leading Belgian manufacturer of temperature sensors and calibration equipment, on the sale of the company to Indutrade AB, an international industrial and technology group listed on Nasdaq Stockholm. E-Spring provided a […]
E-Spring SaaS Index – Market Outlook 2025 H1
The global SaaS industry continues to demonstrate robustness and resilience regarding an agitated geopolitical situation, while experiencing a growing importance within the software ecosystem. In 2024, the market was valued at approximatively $399Bn, and forecasts suggest that it will more than double by the end of the decade, reaching $820Bn by 2030. This trajectory reflects […]
E-Spring advises the shareholders of Quendra on its sale to Easi
E-Spring is pleased to announce that it has acted as exclusive financial advisor to the shareholders of Quendra, a Belgian corporate connectivity specialist and Telenet partner, on the sale of the company to Easi, a leading Belgian IT solutions provider. E-Spring advised Quendra’s shareholders throughout the entire transaction process, including the structuring and coordination of the offers process, […]
E-Spring SaaS Index 2024 H2 & Key Trends 2025
The E-Spring B2B SaaS index is based on 40 international B2B SaaS companies. We focus on the EV/Sales multiple as it is the most commonly used valuation metric for SaaS companies. Since many SaaS companies are not yet profitable, other valuation multiples are less suitable. Additionally, the SaaS business model typically generates a significant percentage […]
E-SPRING ADVISED DOKEOS ON ITS ACQUISITION BY LYVIA GROUP
Brussels-Stockholm, 1 August 2024, E-Spring is pleased to announce that it acted as exclusive financial advisor to Dokeos, a leading European Learning Management System (LMS), on its acquisition by Lyvia Group AB, a prominent European business-critical software and services provider. Founded in 2004, Dokeos specializes in delivering LMS solutions tailored for regulated industries. The company’s […]
E-Spring SaaS Index 2024 H1
The E-Spring B2B SaaS Index has seen a gradual decline in valuation multiples over the last six months. Despite the strong performance of the global equity market, the B2B SaaS market has faced more challenging conditions. It decreased from 7.29x to 6.16x EV/Sales. Key factors contributing to the downtrend: The SaaS market has experienced a […]
AI in ESG reporting: Navigating challenges, unlocking potential
AI has recently marked its first anniversary, witnessing a remarkable surge in adoption across diverse industries, sectors, and niches. Notably, the ESG sector has not remained untouched, experiencing a notable transformation with the integration of AI tools. On one hand, concerns have surfaced regarding the ethical implications of AI implementation. Issues like algorithm bias, job […]
E-Spring advises Evernew on its acquisition of Shake
Brussels, Belgium — January 18, 2024 — Evernew, a fast-growing group building a leading platform of creative and communication expertise, today announced the acquisition of Shake (shake.be), a Belgian communications agency known for high-impact brand and digital work. E-Spring acted as exclusive financial advisor to Evernew on the transaction. This acquisition accelerates Evernew’s ambition to […]
E-Spring SaaS Index : Key trends 2024
Throughout 2023, the SaaS industry has dominated all industries in terms of valuation metrics. The year 2023 started with a low valuation multiple, as the E-Spring SaaS Index was valued at 6.69x EV/Sales. Over the course of the year, it averaged between 7x and 7.5x the EV/Sales and ended the year at 8.19x. This sudden […]