By: William Short There have been several studies of the public markets and valuation drivers, all of which typically show a strong correlation between EV/Revenue and revenue growth. In its 2017 Software Outlook, Credit Suisse finds that revenue growth has the strongest correlation to value across all the accounting financial metrics they track and monitor,…
By: Mike McCraw The tax reform passed in late 2017 for the 2018 fiscal year was the first major tax reform since the Reagan administration’s efforts in 1986. The consensus regarding the plan is generally positive for almost all business owners, with the most beneficial provisions and applications favoring U.S. headquartered businesses with a majority…
Founders recently hired an additional analyst, John Woods, to support the firm’s expanding Strategic Advisory Practice. His primary responsibility is supporting principals in the execution of deals across the firm. His responsibilities include supporting principals in client service, conducting industry and company research, and preparing financial analyses. Prior to joining Founders, John served at Windham…
By: Zane Tarence Founders recently hosted CEO discussions at Runway inside Twitter’s headquarters alongside the SaaStr 2018 conference in San Francisco. The primary topic of discussion was how to increase the value of a SaaS business. Founders’ network of tech venture capitalist, private equity groups, and transactional advisors shared their real-world experience regarding: Key building…
By: Duane Donner M&A transactions in the Industrial sector rose 1.2% in 2017 year over year. The pickup in activity was encouraging given the industry has seen a decline in transactions the previous two years. Although the scarcity of quality businesses willing to go to market has driven this shortage, this trend has positively impacted…
By: Zane Tarence Recently passed tax reform initiatives will have wide sweeping effects on all businesses, and our latest Q4 2017 SaaS Industry Update highlights some key changes that will impact SaaS businesses. Within the newsletter, we focus on the legislative impact of changes in deductions on business interest and entertainment/meal expenses, along with the…