While some big tech companies are pressing pause on investments during the coronavirus outbreak, others are making outsize bets. In this CBInsights Research Brief, we see how Covid-19 has influenced some tech giants to take advantage of the uncertainty to make strategic moves.
In partnership with RevOps2, we are conducting research on how COVID-19 is impacting SaaS companies. Our goal is to use the collective knowledge and actions of our membership to provide insights and guidance to the overall SaaS industry. All information will be aggregated and anonymized to protect the privacy and confidentiality of every participant.
Software industry public stock market and M&A valuations reached record peaks yet again in 2019. This was led by investor and buyer interest in publicly traded SaaS companies (8.2x EV/Revenue) and SaaS M&A targets (4.9x EV/Revenue). M&A deal activity also reached record levels in 2019, as SaaS M&A volume grew 27% during the year.
Deloitte’s 2020 Commercial Real Estate Outlook surveyed 750 owners, operators and investors in 10 different countries across various commercial real estate sectors to gauge to top tech trends for 2020.