Latest findings on ESG
Environmental, Social and Governance (ESG) is a framework that defines the three key factors when measuring the sustainability and ethical impact of an investment in a company (MBN, 2023). The framework helps stakeholders understand how the company manages risks linked to the three ESG factors. (CFI, 2023). The framework is under scrutiny as the literature […]
The E-Spring B2B SaaS Index (2023 Q1)
Our B2B SaaS index has stabilized in this first quarter. After a significant decline in 2022, our B2B SaaS index stabilized in the first quarter of 2023 with an EV/Sales of 7,7x. In 2022, the financial markets were driven by central bank interest rate hikes and record inflation. The year 2023 will continue to be […]
What are the benefits of Corporate Venture Capital (CVC) for a company?
The current economic landscape is under a lot of pressure. Rising energy prices, wage indexation, global demand decreasing due to the previous factors and, finally, a decrease in investment in the entrepreneurial world. The combination of these four signals presents a pessimistic view of the entrepreneurial world and announces harder times for smaller businesses and […]
E-Spring B2B SaaS Index (Recap 2022 & Trends for 2023)
SaaS stocks have significantly underperformed in 2022. The E-Spring B2B SaaS Index is no exception, with EV/Sales multiples falling by around 40% over the year. SaaS Market Overview: The global market size is estimated at USD 186.6 billion in 2022, growing at a historical annual growth rate of 18%, and is expected to exceed 200 […]
E-Spring is looking for a Corporate Finance Associate
Be an important contributor to the success of a growing M&A Boutique! Are you looking for your next challenge in a company with strong values that makes a difference to its clients through the missions it undertakes? Do you want to be involved in variety of M&A assignments and get a taste of the entrepreneurial […]
The E-Spring B2B SaaS Index (2022 Q2)
SaaS stocks continued to plunge in this second quarter of the year. The E-Spring index fell by around 35 % in this quarter alone. The second quarter of 2022 has seen a confirmation of the fall in public SaaS companies’ valuations. Financial markets have lived to the rhythm of the central banks’ interest rate hike […]
E-Spring advised Fountain Group
E-Spring, a corporate finance advisory firm dedicated to small & mid-cap companies, advised Fountain on its acquisition of Javry. Following its success on the French-speaking Belgian market, Javry is opening up internationally by officially joining the Fountain Group on 1 July. The ambition is to extend its sustainable coffee offer to companies in France, […]
E-Spring successfully advised the shareholders of Matrix Requirements
Lauxera Capital Partners invests €10m in German Medtech software company Matrix Requirements. This initial investment allows Lauxera to take a majority stake and support active business development efforts alongside an ambitious product development roadmap. Matrix Requirements helps medical device companies meet their growing need for quality and regulatory compliance in a world where the lines […]
The E-Spring B2B SaaS Index (2022 Q1)
SaaS stocks plunged in the first quarter of the year. The E-Spring index dropped by around 21% in terms of EV/Sales. The first quarter of the year remains on the same trajectory as the year end of 2021 with a decline in valuation. Public SaaS companies are now trading at 2020 type levels. We seem […]
The E-Spring B2B SaaS Index (2021 Q4)
Software stocks have significantly underperformed at the end of the year. The E-Spring B2B SaaS Index was no exception, falling by around 10% in terms of EV/Sales 2021 multiples during the fourth quarter. In contrast to previous quarters, the fourth quarter marked a break in the software industry, both in terms of market capitalisation and […]