Heading

DateNameAcquisition Price ($mm)Acquisition MultipleRevenue ($mm LTM)EBITDA ($mm LTM)Pre-Deal Enterprise Value ($mm)YOY GrowthBuyerAcquirer
Sep 23Splunk$28,0007.5x$3,730-$12$18,56423%StrategicCisco
Oct 23EngageSmart$4,00011.0x$364$43$2,80023%PEVista
Oct 23LiveVox$3502.4x$143-$11$2450%StrategicNICE
Oct 22UserTesting$1,3007.5x$174-$58$42828%PEThoma Bravo
Oct 22KnowBe4$4,50015.6x$289$17$3,91036%PEVista
Nov 22Zendesk$10,2006.7x$1,520-$173$9,67031%PEHellman & Friedman
Nov 22BenefitFocus$5702.2x$254$10$385-4%StrategicVoya Financial
Nov 22ChannelAdvisor$6353.7x$171$21$30112%StrategicCommerceHub
Nov 21McAfee$14,0004.5x$3,080$482$13,0000%PEAdvent
May 22VMWare$61,0004.7x$12,850$3,040$63,9707%StrategicBroadcom
May 22Mimecast$5,80010.1x$575$105$5,32019%PEPermira
May 22Datto$6,2009.3x$665$113$5,41018%StrategicKaseya
Mar 23Momentive$1,5003.2x$475-$64$1,0616%PESymphony
Mar 23Qualtrics$12,5009.0x$1,390-$1,010$5,39439%PESilver Lake & CPP
Mar 22Anaplan$10,70018.1x$592-$172$6,86733%PEThoma Bravo
Mar 21Talend$2,4008.7x$276-$55$1,23817%PEThoma Bravo
Jun 21Cloudera$5,3006.1x$869-$31$3,7449%PEKKR/CD&R
Jun 21FireEye$1,2002.2x$541$28------PESymphony
Jul 23New Relic$6,5007.0x$926-$135$4,26718%PEFrancisco
Jan 22Citrix$16,5005.2x$3,180$613$15,841-3%PETIBCO/Vista
Jan 21Change Healthcare$13,0107.9x$1,650$285$10,6333%StrategicUnited Healthcare
Jan 21Slack$27,70033.3x$833-$238$23,71446%StrategicSalesforce
Feb 23Sumo Logic$1,7005.9x$287-$121$62427%PEFrancisco Partners
Dec 22Coupa$8,00010.2x$786-$119$6,11122%PEThoma Bravo
Aug 23ForgeRock$2,30012.2x$188-$56$92430%PEThoma Bravo
Aug 22Avalara$8,40010.6x$789-$107$5,76023%PEVista
Aug 22Ping Identity$2,8008.9x$315-$55$1,70726%PEThoma Bravo
Aug 21Cornerstone$5,2006.5x$800$151$3,94136%PEClearlake
Apr 21Proofpoint$12,30011.7x$1,050$1$7,46118%PEThoma Bravo
Apr 20RealPage$10,2009.5x$1,070$180$6,60119%PEThoma Bravo
Median
(all co's)
$6,0007.7x$725-$12$5,32019%
Average
(all co's)
$9,4928.7x$1,328$89$7,94619%
Median  
(no distressed co's)
$7,2508.8x$795-$22$5,40221%
Average
(no distressed co's)
$10,8139.7x$1,478$105$8,79821%