Investment and M&A transaction comps
Software & SaaS Investment & M&A Transaction Comps
Software, SaaS, vertical software, infrastructure software and application software transactions. ARR and revenue multiples are emphasized where disclosed.
| Year | Transactions | Priced | Median EV or valuation / ARR or revenue | Median EV or valuation / EBITDA |
|---|---|---|---|---|
| 2026 | 5 | 3 | 1.9x | - |
Sortable transaction comps
Software transaction table
Rows with reported value
3 / 15
Acquisition EV, USD
USD 736M
Investment EV, USD
-
Median EV / ARR or revenue
1.9x
Selected comparison set
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Choose transactions from the table to build a quick comparison set.
15 shown of 15 matching transactions. Click any transaction row for more detail.
Values are 100% enterprise values. Multiples divide EV by full-company revenue or EBITDA. Reported prices are assumed to be EV; explicit partial-stake prices are grossed up as estimates. Amounts paid are tracked separately.
| Select for comparison | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Turso Control | 2026-10-02 | Supabase | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| Robotiq.ai Control | 2026-09-28 | HCLSoftware | Undisclosed | Undisclosed | - | - | Zagreb, Croatia | Confirmed 2 sources | ||
| Raft Control | 2026-07-28 | Leonardo DRS | USD 450M Consideration | 450 | - | - | United States | Confirmed 1 source | ||
| Cataneo GmbH Control (10%) | 2026-06-30 | Brand Engagement Network, Inc. | USD 19.5M Consideration | 20 | 1.9x | - | Munich, Germany | Confirmed 2 sources | ||
| Flyme software business Control (100%) | 2026-06-22 | ECARX Holdings Inc. | CNY 1.8B Equity Value | 266 | - | - | China | Confirmed 2 sources | ||
| Ansys Control | 2024-01-16 | Synopsys | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| PowerPlan Control | 2018-05-21 | Roper Technologies | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| distrib-u-tec Control | - | Solen Software Group | Undisclosed | Undisclosed | - | - | North America | Confirmed 2 sources | ||
| Modular Control | - | Qualcomm | Undisclosed | Undisclosed | - | - | - | Confirmed 3 sources | ||
| Simio Control | - | Aegis Software | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| Console Control | - | Palo Alto Networks | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| GemTalk Systems Control | - | Emergence | Undisclosed | Undisclosed | - | - | United States | Confirmed 2 sources | ||
| Encompass Technologies Control | - | VIP | Undisclosed | Undisclosed | - | - | - | Confirmed 2 sources | ||
| Ark Control | - | AngelList | Undisclosed Undisclosed | Undisclosed | - | - | - | Confirmed 1 source | ||
| MatrixCare Control | - | Frazier Healthcare Partners | Undisclosed | Undisclosed | - | - | United States | Confirmed 1 source |