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Back to blog August 03, 2020 No Comments Author: Andy Jones

Private Equity Investing in SaaS Companies

Private equity platform investments in Software-as-a-Service companies increased significantly in 2020YTD as a percentage of all PE deals. Many SaaS companies have been less negatively impacted by the economic impacts of the coronavirus compared to other industries, both in terms of continued demand for their product or service as well as the agility to continuing operations, working from home. In many cases, SaaS companies have benefitted by the sudden change in industry dynamics.

Sample Private Equity Investments in SaaS Companies

June 2020Monterro acquired a majority stake in Trapets AB (Stockholm, Sweden).

Trapets provides a SaaS platform to combat financial crime and aid regulatory compliance.

 

June 2020Spectrum Equity made a growth equity investment in CINC Systems (Duluth, GA).

CINC Systems is a provider of accounting and property management SaaS s solutions for the community association industry.

 

May 2020DispatchTrack (San Jose, CA) closed a $144 million growth transaction led by Spectrum Equity.

DispatchTrack is a provider of SaaS solutions that enable end-to-end optimization of operations and customer experiences in last-mile delivery. the company’s platform includes modular tools for self-scheduling, dynamic route optimization, real-time tracking, proof of delivery, billing and settlement, and delivery network performance analysis.

 

April 2020ActiveProspect (Austin, TX) received a strategic growth investment from Five Elms Capital.

ActiveProspect is a SaaS provider of lead optimization and compliance solutions.

 

March 2020OutMatch (Dallas, TX) secured a strategic majority investment from Rubicon Technology Partners. Camden Partners, an existing investor in OutMatch, will remain an investment partner.

OutMatch is a SaaS provider of employee talent analytics and assessments solutions.