Jonathan Cantwell, Partner at GP Bullhound, comments: “In our Q1 SaaS report, we evaluated business trends from HCM to micro SaaS to marketing suites. Public SaaS companies experienced a slight pullback of valuations, though they are still significantly above historical averages and trading near all-time highs. With light at the end of the COVID tunnel, we expect strong deal making activity in the sector to continue and possibly accelerate as software consolidators look to sustain growth rates and their own valuations. We expect the Cloud in general to continue to experience sustainable growth through 2021 and into next year.”
For any enquiries, please contact Jonathan Cantwell, Partner, at [email protected]
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.