Nordhaven Quarterly Nordic Software M&A report, Q2/2018

31 aug 2018

The second quarter of 2018 saw a total of 23 software transactions, compared to a full 33 transactions in Q2/2017. We do not see this as fully descriptive of market activity, but observe a certain edginess in the market as sellers expect the recent pricing trend in both listed companies and M&A to be non-discriminating. In fact, the valuation gap between high-growth and no-growth has widened.

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