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 […]
La Belgique, futur Silicon Valley de la Sport Tech
Comment réussir la transmission de son entreprise ?
À la veille de la Semaine de la Transmission – qui se déroulera du 15 au 19 novembre 2021 – à laquelle E-Spring capital participera activement à Bruxelles et en Wallonie, le constat est là : plus de 80% des entreprises familiales ne sont pas préparées à la cession de leurs activités et risquent de rencontrer des difficultés […]
The E-Spring B2B SaaS Index (2021 Q3)
Since the previous quarter, the Q3 2021 E-Spring B2B SaaS Index remained at a record high valuation with 14X EV/Sales versus 13,7X EV/Sales in Q2 2021. The third quarter of 2021 looks to be a continuation of Q2. The market is showing support for these range of valuations. Such trend could be a sign that the […]
Why corporate strategy is essential to M&A transactions?
The interest of growing companies in mergers & acquisitions continues to accelerate with an outstanding +30% in deal value during the first half of 2021 (Thomson Reuters, 2021). And it makes sense. Implemented well, growth by acquisition can be a highly fruitful process for any company. However, it is no secret that some of the […]
The E-Spring B2B SaaS Index (2021 Q2)
Since the previous quarter, the E-Spring B2B SaaS B2B Index 2Q21 remained relatively flat with no sign of slowdown. The Q2 Index closed at 13,68X EV/SALES 2021 compare with 14,92X EV/SALES 2021 in Q1 2021. This second quarter did not start well for Public SaaS companies as investors were changing their minds, moving from tech focus to a more […]