While venture capital investments in the software industry have become increasingly concentrated, it’s important for founders and owners to remember that raising capital impacts the future financial outcomes of businesses. This blog post introduces and explores the concept of capital efficiency.

Canada has a fast-growing technology scene that is spread across the largest cities in the country. We were curious to determine which cities are most dominant for the major verticals in technology.

Since the pandemic in early 2020, the software M&A market decoupled from the broader M&A market, soaring to all-time highs despite strong economic headwinds

The looming question now is, what happens when electric vehicles make up 30% of the total passenger car market in 2030? Or when solar energy produces over 700 billion kilowatts in the US by 2050? The opportunity for software to play a role in these ever-expanding markets is unlimited.

I was recently asked by a journalist why is M&A activity so high in the tech space and if everything is for sale. It sure feels that way sometimes what with so many high-profile companies recently announcing their exits.

Unlike 2020’s pandemic, January 2021 was a social network fueled battle against the establishment. It was Main Street vs. Wall Street, inertia vs. fundamentals, the shooter vs. craps.

NRR is arguably one of the most fundamental metrics in determining success within your product and it is something that any SaaS company should be tracking

It can be expected that add-on acquisitions will continue to be a predominant strategy for software-focused private equity going forward given the continued competition for attractive platform investments.

As barriers are removed through technology, so are the possibilities for significant national security threats increased. We are starting to see some very interesting reactions take place with the biggest players on the world stage.

Some buyers that don’t have sufficient internal M&A resources are buying companies without using an adviser - and we think that many are over-paying as a result!

We spent the last 3 months working from home in quarantine and had to quickly adapt to the challenges that entails. Virtual meetings were no longer a nicety, but quickly pushed to an absolute necessity. From online schooling to general business meetings the world turned to technology platforms that could facilitate the transition.

A control premium, simply put, is a premium above the market price a buyer is sometimes willing to pay in order to acquire a majority stake (i.e. > 50%) of a target business.