by Robert Solomon | Jun 6, 2016 | B2B Software, E-invoicing, Electronic Payments, Healthcare, Insurance
A couple of weeks ago, Cotiviti Holdings went public breaking a long enterprise software and services IPO drought. Never heard of Cotiviti? Me neither, until the IPO. But once I looked into Cotiviti I realized the company is involved in businesses many of you...
by Robert Solomon | May 31, 2016 | B2B Software, Procure to Pay, Public Sector, Valuation
The Wall Street Journal is reporting that Sciquest (SQI) has agreed to be taken private by Accel-KKR for $17.75 per share or about $509 million. This represents a 34% premium to the stock’s closing price on Friday. According to the WSJ, “SciQuest’s board...
by Robert Solomon | May 26, 2016 | B2B Software, Procure to Pay, Valuation
About a year ago, I posted a piece focused on the Gartner Procure to Pay Magic Quadrant with added valuation information (see here). Since that time: stock prices have gyrated Coupa and Tradeshift raised rounds, and several acquisitions were made by public companies...
by Robert Solomon | May 17, 2016 | B2B Software, Matchmaking |
Figuring out pricing for SaaS software is always hard. Figuring out pricing for a two-sided SaaS marketplace is doubly hard as I have blogged about previously with respect to Angie’s List and marketplaces generally. A recent price change announcement I...
by Robert Solomon | May 13, 2016 | B2B Software, Collaborative Project Management, Construction, Electronic Payments, Industry Cloud
The recent news that Oracle is buying Textura for $663 million, or $26 per share was a surprise, but not a huge one. Several alert readers (and smart investors) had recently prompted me to reexamine Textura when its stock recently hit a low of about $13 per share....
by Robert Solomon | Apr 18, 2016 | B2B Software
Wow, what a wild ride for Cvent. Today it announced that it will be acquired and taken private by Vista Equity for $1.65 billion and a whopping 70% premium over the stock price of the last 30 days. This price is a multiple of about 7.2x expected 2016 revenue and...
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