Jonathan Cantwell, Partner at GP Bullhound, said: “In Q3, ongoing remote work and significant global supply chain issues have cemented some of the SaaS industry trends we identified in previous reports. Out of these ongoing challenges in the global economy, several new trends have emerged, most notably in e-commerce/logistics, virtual recruitment, SaaS expense management, and document/file management. We see SaaS being core to finding efficient solutions to extremely complex problems, and there will be increasing investment into, and consolidation of, software companies in some of these newly prominent sectors of today’s economy.”
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About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s 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.