by Robert Solomon | Aug 23, 2021 | B2B Software, Marketplaces, Procure to Pay, Property Management, Public Sector
ServiceChannel and Periscope Holdings were bought by public companies (Fortive and MDF Commerce respectively). As a result, we get a peek into the financials and valuations of two vertical B2B procurement SaaS vendors. (Full disclosure: I worked for ServiceChannel...
by Robert Solomon | Sep 14, 2020 | B2B Software, Marketplaces, Matchmaking, Public Sector
Mercell is a public company (listed in Oslo) and is the leader in the public e-tendering business in the Nordic region. Mercell proves that after all these years, it’s still possible to discover a publicly-traded procurement software company! (The company...
by Robert Solomon | Apr 6, 2020 | B2B Software, Public Sector |
In early 2019, I wrote about GTY Technology (GTYH). GTY was a blank check company that simultaneously acquired six SaaS companies in the public sector market. At the time, I expressed my enthusiasm for the public sector SaaS market, but my skepticism that GTY...
by Robert Solomon | Nov 6, 2019 | B2B Software, Procure to Pay, Public Sector, Valuation
Behavioral economics teaches us that improving our decision-making processes requires looking back at our prior decisions. Now is a good time to review the companies I blogged about in the first half of 2019 to check-in on their progress. Scout RFP In January, I...
by Robert Solomon | Oct 9, 2019 | B2B Software, Indirect Spend, Pricing, Public Sector
As taxpayers, we should want to know how well our dollars are spent. At the Federal level, most of these dollars are spent on social security, healthcare, and defense (see below). Articles about spending in these areas are easy to find, but the price of F-35s or my...
by Robert Solomon | Jan 29, 2019 | B2B Software, Public Sector
GTY Technology is a special purpose acquisition company, a “blank check” company that went public with the intent of acquiring other companies. GTY Technology went public in 2016, raising $552 million. Late last year, GTY announced it was simultaneously...
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