1Q23SaaSM&AUpdateLIVEWEBINAR

|APR.20

@9AM

PTHowTop

PerformingSaaSLeaders

CreateSustainable

Avenues

to

DriveGrowth1LIVE

WEBINAR

APRIL

20th

@9AM

PTFEATURINGJoin

ourwebinar

tolearnhow

to

maximizeyour

SaaSvaluation

with

sales

&marketingKris

KriscoCEO,BuildoutNomatter

what

stage

your

businessisin,

buildingastrong

go-to-market

engineislikely

a

critical

priority;

72%

oforganizations

citepipeline

generation

astheir#1priority,

accordingto

Gartner.AndreaPittsHearactionableinsightsonhowtooptimizeyour

sales&marketing

strategy

andbuild

amore

valuable

business.

The

panelofSaaSsales

leaderswill

discuss:SeniorVice

President,PTCVelocity

GlobalSales●●●Sales&marketing

best

practices

thatyou

can

leverageCommon

pitfalls

and

howyou

canavoid

themJoshSchwartzOperating

Principal,HeadofSalesAccelerationPractice,GrowthFactorsHowyour

company’s

valuationcan

bedrivenby

strong

sales&marketing

operationsTheHonesty

YouExpect.

TheValue

YouDeserve.Our

teamof

experienced

M&Aadvisors

understand

value

drivers.30+SEGprovidesinsight

on

howtomake

your

company

more

attractiveto

buyers

long

beforeyou’re

ready

tosell.

Then

we’ll

bringthe

bestparties

tothetable,handle

negotiations,andmanage

due

diligencesoyou

achievethebest

possibleoutcome.YEARS

EXPERIENCEWestrive

tocreatethecompetitionnecessary

toobtaina

higher

priceand

betterdealterms.Our

Services

Include:Billions●

StrategicM&A●

Majority

Capitalizations●

DivestituresINAGGREGATETRANSACTION

VALUEOur

teamadvisesbootstrapped

&financiallybacked

softwareentrepreneurswho

want

tosellall,

ora

majority

interest,toa

strategicbuyer

orprivateequityinvestor.Ourhigh-touch

process

supportsyou

ateverystage

intheM&Aprocess.●

BoardAdvisoryThousandsContactusOFBUYER

RELATIONSHIPSExclusively

focused

onsell-side

M&A

advisory

servicesfor

B2Bsoftwarecompanies4Our

M&ASuccess

StoriesSoftware

Equity

Group

isbuiltonexcellentoutcomesandenthusiasticclientreferences.Our

M&Astoriesare

auniquewayto

gaininsight

into

theM&Aprocess

fromformer

SEG

clients

themselves.TerryDanner,CEOYorkBauer,

CEOChrisAtkinson,

CEOSightPlanMoxiWorksIMS5SaaSM&A

Market

Update1Q23

SaaSM&A

UpdateSaaSM&ASummary●

SaaSM&A

activity

hasshown

strongresilience

amidstthebroadermarketuncertainty,growing

21%over

4Q22andcomprisingarecordamount

ofaggregate

software

dealactivity(66%).●

Despitepublic

marketvolatility,

1Q23’smedian

TTMEV/Revenue

multiple

of5.2x

alignswith

recent

quarters

andindicatesstabilitysincedeclining

fromrecord

COVID-related

valuations.●

Vertically-focused

SaaShasincreased

toalmosthalf

ofalldeals

(49%),

compared

tothehistorical60/40split

withhorizontally-focused

companies.

Thisisnotableasspecializationand

vertical-market

focus

are

significanttrendsdriving

M&A.●

Private

equity-driven

dealactivity

pushedtonew

heights,accounting

for61.1%ofSaaS

deals.Thisis

primarily

duetothecombinationofrecordamounts

ofavailable

capitalandpublic

strategicacquisitionsdecreasingnotablyYOYduetodownwardpressureonpublic

valuations.●

Noteworthydeals

include

Silver

Lake’s

acquisitionofQualtrics

($12.5B),

Blackstone’sacquisitionofCvent($4.6B),

andVistaEquityPartners’

acquisitionofDuck

CreekTechnologies

($2.6B).Please

reach

outwithanyquestionsorto

discussourrelevantmarketinsights.7M&AVolume:OverallSoftwareIndustryAggregate

softwareindustry

(SaaS,

on-premiselicense

models,and

internetcompanies)

M&A

volumeremainedstrong

throughthefirstquarter,surpassing

4Q22by16%.

1Q23’s855

dealcount

represents

thesecond-highest

Q1on

record,trailing

1Q22,whichsawunprecedentedvolumeduetofactorssuch

as

thepandemic

boomand

fearofcapital-gains

tax

hikes.1Q23is

thefirstquartertoimprovesoftware

deal

count

QOQsincethecooldownbegan

in

2Q22.

Software

M&A

isexpected

tocontinueitsmodest

improvement

overrecent

quarters

fortheremainderof2023

butwill

likely

fallshortoftherecordannualvolumeseen

in

2021/2022.M&A

DealVolume

-

QuarterlyM&A

DealVolume

-

Annual11203,557SEG3,476Estimate(1)10149669253,0548848458552,7958057997802,6427467267342,4756926862,3526712,2435991,9701,727

1,7242012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023(1)

SEG

Estimate

of

annual

deal

volumefor2023.8SaaSM&A

Highlights:DealVolumeSaaSM&A

sawan

impressiveperformance

in

thefirstquarter

of2023.

Thetotaldealvolumeof567

represents

a21%improvement

overthepriorquarterand

two-yeargrowthof58%.SaaSM&A

remainsthepreferredasset

class

formany

buyers

andinvestors,

despitethebroadermacroeconomic

outlook,and

now

represents

arecord66%of

totalaggregate

softwaredeals.Thepredictability

ofSaaSrevenue,

theability

toscalerapidly

withhighmargins,and

thecontinued

adoptionof

cloud-basedsoftwarebybusinesses

have

drivenastronger

appetiteforthesegment

more

thanever.

SaaSbusinesses

maintaindominance

even

in

uncertainmarketconditions.Q1

Q2

Q3

Q4SEG2,157Estimate(1)4691,7864925801,3051,248984831743604457389299616567201220132014201520162017201820192020202120222023(1)

SEG

Estimate

of

annual

deal

volumefor2023.9SaaSM&A

Highlights:MedianEV/TTMRevenue

Multiple1Q23posted

amedian5.2x

EV/Revenue

multiple

forSaaSM&A

deals.

Despite

thesignificantretreatfrom1Q22’s

7.7x

multiple,

1Q23is

in

linewithhistoricalquarterspriortotherapidvaluationincrease

drivenbyCOVID-19

and

theloosemonetary

policy

that

drovetherecent

historic

M&Aenvironment.

SaaSvaluationsstabilizedin

recent

quarters;

however,

higher

valuationsare

rewardedtohigh-qualityassets

with

strong

metrics(rule

of40,gross

profitmargin,retention,capitalefficiency)andthose

servingrecession-resistant

end

markets.8.0x7.7x7.3x6.7x6.4x6.3x5.7x5.6x5.2x5.2x5.1x4.9x4.8x4.8x4.7x4.6x4.5x1Q192Q193Q194Q191Q202Q203Q204Q201Q212Q213Q214Q211Q222Q223Q224Q221Q23(1)

Values

areonamedian

TTMbasis,

indicatingeachquarter

includes12months

ofdata

to

obtaina

largerdataset.10SaaSM&A

HighlightsTargetMarket

Focus1Q23

TargetMarketFocus(1)VerticalSaaSdealsrepresented

thehighestpercentage

of

totalSaaSM&A

onrecord

in

1Q23,closinginon

almosthalf

of

SaaSM&A

deals(49%).

Verticalofferingshave

gainedparticularinterestinthecurrent

environmentgiventhesticky

nature

oftheirhighly

tailored,purpose-builtsolutionsandresultingstrongcustomer

retentionstatistics.Vertical49%Horizontal51%Healthcare-focused

dealsremainedthetop

verticalin

1Q23

at17.6%of

verticalSaaSdeals.COVID-accelerated

adoptionoftechnologyandan

aging

populationarestrong

tailwinds

drivingthecontinued

strength

andappealofhealthcare

SaaS.Noteworthyacquisitions

include

Activated

Insights(3)

byHomeCarePulse,Cloud9SoftwarebyPlanetDDS,andPatientPatternbyPointClickCare.Top5M&A

Verticals(2)17.1%13.6%10.0%6.4%5.4%(1)

Target

market

focusrefers

tothe

company’s

market

focusas

eitherhorizontalandservingmultipleindustries

or

servingaspecific

verticalmarket.RetailEdTechPropTech

FinancialServices

Healthcare(2)

Top

verticaldeals

asapercent

of

all

verticalSaaSdeals

in

1Q23.(3)

SEG

Transaction11SaaSM&A

Highlights:BuyerBackingPrivateequity-drivendealsaccounted

forthehighest

percentage

oftransactions

onrecordin1Q23(61.1%).

Privateequityplatform

investmentsincreased

from8.9%to9.7%YOY,while

publicly

tradedstrategicsdecreased

from27.9%to

21.5%overthesame

period.InterestinqualitySaaSbusinesses

hasnever

been

higherascapitaloverhang

andstrong

competitionfuelprivateequityinvestment

activity.Downwardpressureonvaluationsforpublic

companies

and

theneed

tobolstercash

positions

de-prioritizedM&A

forpublicly

traded

strategicsin1Q23.1Q23

SaaSM&A

Activity

byBuyerTypeHistorical

M&A

Activity

byBuyerTypePrivateStrategic,

17.3%StrategicBuyers59.8%PrivateEquityBuyersPublicly

TradedStrategic,

21.5%60.6%61.1%59.5%57.9%Private

EquityDirect,

9.7%42.1%40.2%40.5%39.4%38.9%Private

EquityBackedStrategic,

51.5%1Q222Q223Q224Q221Q23(1)

Privateequity

drivendeals

includePrivateEquity

DirectandPrivateEquity

BackedStrategic.

PrivateEquity

Directincludes

privateequity

firms

makingplatform

acquisitions,whileEquity

BackedStrategic

includesallstrategic

buyers

backed

by

a

private

equity

firm.121Q23

SelectMost

Active

Buyers

ofSaaS:

Strategic

Buyers(1)DealCountBuyerSaaSSellers19171311974444(1)

Transactionslistedmaynot

includealldeals

by

the

buyer.

Thetransactionslistedwere

announcedinthe

last12months.131Q23

SelectMost

Active

Buyers

ofSaaS:

PrivateEquity

Investors(1)DealCountBuyerSaaSSeller1)

Transactionslistedmaynot

includealldeals

by

the

buyer.

Thetransactionslistedwere

announcedinthe

last12months.141Q23

SelectNotable

SaaSDeals:

MegaDeals(1)EV/Seller

PC/VerticalBuyerSaaS

SellerEV(M)$12,500.0$4,600.0$2,368.6$1,500.0$1,380.6$1,378.0Seller

DescriptionRevenueSales

&Marketing

/Horizontal8.6x7.3x7.6x3.1x4.8x5.0xProvides

AI-based

experience

managementSaaS.Provides

event

planningmanagementSaaS.Sales

&Marketing

/HorizontalProvides

insurance

policy

management,underwriting,

billing,andratingSaaS

forproperty

andcasualty

insurersandprocessors.Content&WorkflowMgmt.

/InsuranceSales

&Marketing

/HorizontalProvides

survey

SaaS

thatenables

users

toembed

surveysinwebsites

andanalyze

survey

results

online.Provides

application,

IT

security,

andnetworklogdatamanagementandanalytics

SaaS.Security

/HorizontalAnalytics

&Data

Mgmt.

/GovTechProvides

AI-based

digital

investigation

SaaS

tobusinessesandlawenforcementandservices

agencies

globally.(1)

Includes

M&A

deals

estimatedto

be

greaterthan

$1BinEnterprise

Value.151Q23

SelectNotable

SaaSDeals:

Mid-Market(1)EV/Seller

PC/VerticalBuyerSaaS

SellerEV(M)$587.0N/ASeller

DescriptionRevenueSales

&Marketing

/Horizontal1.4xN/AN/AN/AN/AN/AProvides

media

intelligence

andsocial

analytics

SaaS.Security

/HorizontalProvides

cloud-native

secure

access

service

edge

(SASE)managementSaaS.Provides

AI-based

cloud-native

decision-making,

analytics,andCADSaaS

forbusinesses

inthebiology,logistics,electronic

design

andmanufacturing,

andenergysectors.Engineering/Horizontal$441.6$414.0$369.3$355.0Provides

AIandcloud-native-enabled

supply

chainmanagement(SCM)

andenterprise

resource

planning(ERP)SaaS,

APIs,andrelated

mobileapplications.Supply

Chain/HorizontalFinancial

Applications

/HorizontalProvides

payment

processing

SaaS,

APIs,andSDKs.Provides

AI-based

NoSQL,

non-relationaldata

integration,andmanagementSaaS,

APIs,SDKs,andrelated

mobileapplications

forbusinesses

andgovernmentagencies.Analytics

&Data

Mgmt.

/Horizontal(1)

Includes

M&A

deals

estimatedto

be

greaterthan

$250Mandlessthan

$1BinEnterprise

Value.161Q23

SelectNotable

SaaSDeals:

Lower-MidMarket(1)EV/Seller

PC/VerticalBuyerSaaS

SellerEV(M)$230.0$204.5$150.0$148.7$138.0$100.0Seller

DescriptionRevenueProvides

AI-based

transportation

management

SaaS,

APIsandrelated

geofencingmobileapplications

forbusinesses

intheintermodalsupply

chainindustry.Supply

Chain/HorizontalN/AN/A6.0xN/AN/AN/AProvides

workplace

savings

andinvestment

managementSaaS,

related

mobile

application,

andonlinesaving,investing

andpensions

services

through

www.cushon.co.uk.Financial

Applications

/HorizontalProvides

cloud-native

AIandbig

data-enabled

securityinformationandeventmanagement(SEIM)

SaaS.Security

/HorizontalFinancial

Applications

/HorizontalProvides

cloud-native

credit

card

issuance

andprogrammanagementSaaS.Supply

Chain/HorizontalProvides

logistics

automationandmanagementSaaS

andrelated

mobileapplication.Sales

&Marketing

/HorizontalProvides

AI-based

personalized

messaging

and

audienceengagementSaaS.(1)

Includes

M&A

deals

estimatedto

be

lessthan

$250MinEnterprise

Value.17Appendix1Q23

SaaSM&A

Update181Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/31/2303/31/2303/30/2303/30/2303/30/2303/30/2303/29/2303/29/2303/29/2303/29/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/2303/28/23AareonOsiguEmbrace

The

HumanCloud.ServinteKnowledgeVineParcelParcel

NetherlandsStromasysXtiva

Financial

SystemsLightspinTechnologiesHoldingSinergise

(certain

assets)RhoveSynumaLoftwareBadger

SoftwareTriadUnlimitedOnwardSecurityTreatRxGotPhotoPopStagePhosSweedWoodseer

GlobalPassbase

(certainassets)AtonixDigital----------------------Alliant

InsuranceServicesITA

ConsultingGroupPartner

OneCapitalPureFacts

Financial

SolutionsCisco

SystemsPlanet

LabsPBCReAlpha

Asset

ManagementSiteZeus

ServicesAccel-KKRAltiaATSDEKRADoseSpotEQTGlueIngenico

GroupLeafTradeOptionMetricsParallel

MarketsPrometheusGroupSource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).191Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/28/2303/28/2303/27/2303/27/2303/27/2303/27/2303/25/2303/24/2303/24/2303/24/2303/23/2303/23/2303/23/2303/23/2303/23/2303/23/2303/23/2303/23/2303/23/2303/23/2303/22/2303/22/23StryveVoxyCyara

SolutionsGreybull

StewardshipStella

MarisEquityValsoftSureDatumFluentify----------------------Spearline

LabsCourtroom

ConnectDSDSystemProfessional

Computing

Resources

(certain

assets)Th3rdCloud

Software

Group

(certain

assets)RentasticLoyalty

SuperstoreBackbone

PLMWorkflowMaxTharsternGroupPremier

Software

SolutionsDATAMEDIT-SystemeWhenThenzenloopFoxpassSnapKlear.ai

TechnologySetScheduleXalles

Financial

ServicesBambooRoseBlueRockEPSUSJourneyHospitalityLifcoABMANGOPAYFRANCESaaS.groupSplashtopTorcValsoftCodealikeTigerTMSImagineThatDropCloudAndritzHoldingXEFISource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).201Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/22/2303/22/2303/22/2303/22/2303/22/2303/22/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/21/2303/20/2303/20/2303/20/23HoneycommJPMorganChase

&Co.Multi-Health

SystemsPollenStreet

CapitalVisualAIMXMCyberAccel-KKRAccel-KKRAccel-KKRAccentureApplied

IntuitionAutodeskItsaCheckmateMood

MediaParchmentDropified

(certain

assets)AumniCoreSystemsFinsolutiaTwo

Rivers

Technologies

(certain

assets)ConflueraPegaso

TecnologaFactureIndiciumSolutionsFluturaBusiness

SolutionsSceneBoxUNIFI

LabsOpen

TenderVibenomicsQuottlyDataloftAspectoFrom

Now

On5th

KindTraxOpsRampPawLoyalty

Software$30.0---------------------PriceHubbleSmartBear

SoftwareSnap!SpendSohonetAARHewlett

Packard

EnterpriseKennelConnectionSource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).211Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/20/2303/20/2303/20/2303/17/2303/17/2303/17/2303/16/2303/16/2303/16/2303/16/2303/16/2303/16/2303/16/2303/16/2303/15/2303/15/2303/15/2303/15/2303/15/2303/15/2303/15/2303/14/23Mastercard

InternationalReveal

DataSpotler

Group360S2GBaffin

Bay

NetworksLIGL

DataSciencesWireless

ServicesUTIL360FiveDegrees

HoldingBroadlyTAETSoftwareSUBXPanelfoxTriplebyte

(certainassets)LightSailEducationLiquidPlannerHyperQube

Technologies

(certainassets)CITechnologies

(certainassets)CrewSightClyde

Technologies(certainassets)PyroscopeBricknode

Holding(certain

assets)Patient

Pattern------TVendasta

TechnologiesBioVaxys

TechnologyB,

UnipessoaldScoutKaratMindplayTempoSoftwareThreatLockerVersatermASSAABLOYCoverGeniusInsuranceServicesGrafana

LabsHuddlestock

FintechPointClickCare

TechnologiesRapid7UWorldBlackstone$1.4----------$9.0-$38.0-Minerva

LabsEfficient

LearningSystemsCventHolding$4,600.0Source:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).221Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/14/2303/14/2303/14/2303/14/2303/14/2303/14/2303/14/2303/13/2303/13/2303/13/2303/13/2303/13/2303/13/2303/13/2303/13/2303/13/2303/10/2303/10/2303/09/2303/09/2303/09/2303/09/23Microlise

GroupPaper

Education

CompanyParsonsPro4allCloud

ServicesSplio

SASTextkernelTMASystemsBloombergCarbon6TechnologiesDar

GroupVita

SoftwareReadleeIPKeys

PowerPartnersPMG

Projektraum

ManagementTinyclues$2.5-$43.0-------JobotiMaxpanda

SoftwareBroadway

TechnologyD8aDCopperTree

AnalyticsSportsflareEntain$8.2HarrisComputerSystemsS&PGlobal

Commodity

InsightsSilver

LakeManagement/Canada

PensionPlanInvestmentBoard

QualtricsSymphony

Technology

GroupTransPerfect

LegalSolutionsCuscalTravelportAndelaColCapFinancialFOCONISMarlinEquity

PartnersAsolvaTradenet--$12,500.0$1,500.0MomentiveGlobalIngenuityLT

(certain

assets)BasiqDeemQualifiedMolofinanceGenoDataEDV-SystemeTennaxia-------Source:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).231Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/09/2303/09/2303/09/2303/09/2303/09/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/08/2303/07/2303/07/2303/07/2303/07/2303/07/2303/07/23MoorepayPowerFleetTempusNatural

HRMovingdotsMpirikRSILogisticsmyCatalystWebtaRewire

OnlineXigoTutus

DatasyskaVydiaQuantimeSecurity

WatchdogWaveworkWavecall

(certainassets)AxeTradingESGEnterpriseBlack

Knight

(certain

assets)EatsReady---TrinityIndustriesVeracity

Benefits1WorldSyncActiveFenceAsignetC-Resiliensenventa

Groupgamma$70.0--------LaurelMatrix

SCMMultilot$16.6---------TEOCOTradingTechnologiesInternationalAPEX

AnalytixConstellation

WebSolutionsCoverflexCriteoCygnaLabsFifthThirdBancorpBrandcrushNokiaOyj

(certainassets)BigData

HealthcareSource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).241Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/07/2303/07/2303/07/2303/07/2303/06/2303/06/2303/06/2303/06/2303/06/2303/06/2303/06/2303/06/2303/03/2303/03/2303/03/2303/02/2303/02/2303/02/2303/02/2303/02/2303/02/2303/02/23LuminateCapital

PartnersPlanonStability

AIWeavrACCEOSolutionsClinicMindDigital

Wave

TechnologyJitterbitSavvas

LearningCompanyScalePad

SoftwareThe

NFT

GamingCompanyTranscarentCordance

OperationsTimePlanSoftwareVisma

ASAkamai

TechnologiesBioTouchEasecontrol.ITClipdropCommaPaymentsCible

Petite

EnfanceVericleGoalProfitZudyWhooo's

ReadingControlMapVoxpow(certainassets)98point6

(certainassets)NeatoscanTimegripIdentumOndat----------------------TitanSolutionsTubularLabsLineup

SystemsSinfonaRxZeltoAxis

SecurityChartbeatChartbeatCureatrGenieeHewlett

Packard

EnterpriseSource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).251Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)03/02/2303/02/2303/02/2303/02/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2303/01/2302/28/2302/28/2302/28/2302/28/23RocketRezSummaEquity

ABVerifyMezvooveGroupagilonhealthBetaNXTBloomerangCambridge

MobileTelematicsDocuPhaseEpicor

SoftwareHARDISGroupeInflexionPrivate

Equity

PartnersInformativeResearchReal

ChemistryRocket

SoftwareRockwell

AutomationThoma

BravoYusenLogistics(Americas)ArisGlobalCashfree

Payments

IndiaIRIS

Software

GroupMiovisionTechnologiesTourOppLogPointTrustCodes

(certainassets)ProsolutionmphrXMediant

CommunicationsInitLiveAmodoiPayablesDSPanelSislog

SGANomentiaAccountChekTI

HealthKey

ResourcesKnowledgeLensLOGEXInternationalHealthcare

AnalyticsTaylored

ServicesAmplexor

LifeSciencesZecpe----$45.0-----------------Apex

HCMMicroTrafficSource:

Financial

dataprovided

by451M&AKnowledgeBase

(missing

values

represent

datanotapplicable

orpublicly

available).261Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)02/28/2302/28/2302/28/2302/28/2302/28/2302/27/2302/27/2302/27/2302/27/2302/27/2302/24/2302/24/2302/24/2302/23/2302/23/2302/23/2302/23/2302/23/2302/23/2302/23/2302/23/2302/23/23MonetizeMoreOribi

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AdsCertwellBidtellectAlgoluxWennSoftCrosscopePayCometMajorClarityAylienIntegratedTransactionSystemsValtixStorixLastDecimalKrayenPerspectaFactorElevenEasyPowerEquativ------$369.3------------Cisco

SystemsCristie

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CenturyPartnersArmira

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SystemsBridgepointGroupCMapSoftwareHewlett

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EnterpriseHuddlestock

FintechKeysight

TechnologiesAtveroAthonetDtechCliosoft-$0.2-Source:

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(missing

values

represent

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available).271Q23

SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)02/23/2302/23/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/22/2302/21/2302/21/2302/21/2302/21/2302/21/23NV5GlobalAximGeospatialEnovaeyecandylab

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IncorporatedWorkingKnowledgeAledadeApraConsensysCorporateVisionsDatamarspaySmartfielddrive$25.0---------------Accenture

FreightandLogisticsSoftwareHelloRIXIASOFT

TechnologiesSwavenBuzzoolaKaminoGastromaticAnlyzjLANTechnologyCuria.aiNext

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IntelligenceConnecterra

(certainassets)Source:

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SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)02/21/2302/21/2302/21/2302/21/2302/21/2302/21/2302/21/2302/20/2302/20/2302/20/2302/20/2302/20/2302/20/2302/17/2302/17/2302/17/2302/17/2302/16/2302/16/2302/16/2302/16/2302/16/23F24

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PricerAcuteInformaticsAccelerate

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(certainassets)BTSPteEnspire

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Software--------InspectionGoInspectionGoPanamaxProvidence

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SA(certainassets)Continual(certainassets)Viewpoint

SoftwareforBusinessTopfloor

SystemssumHR

SoftwareTitaniumSoftware

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MD$2.5-$5.1--------VenatoXigniteMarket

ScanInformation

SystemsPeraHealthSource:

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SelectSaaSM&A

TransactionsDateBuyerSellerEnterpriseValue

(M)02/16/2302/16/2302/15/2302/15/2302/15/2302/15/2302/15/2302/15/2302/15/2302/15/2302/14/2302/14/2302/14/2302/14/2302/14/2302/14/2302/14/2302/14/2302/14/2302/13/2302/13/2302/13/23TMX

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