GrowthPoint Technology Partners provides weekly summary and outlook on last week’s technology M&A deal activity:
- 55 deals announced
- 3.5x median multiple, from a limited amount of revenue multiples announced
- $584.8B total deal value year to date in technology M&A activity
Notable deals in technology M&A include:
ServiceTrade to Acquire NorthBoundary – Read More
ServiceTrade, a leader in purpose-built software for commercial contractors, today announced the acquisition of NorthBoundary, a pioneer in sales solutions for commercial mechanical contractors. NorthBoundary acquisition yields a powerful, comprehensive selling system built for mechanical contractors
Klaviyo to Acquire Napkin.io – Read More
Klaviyo, a unified customer platform that provides data-driven marketing tools, including email and SMS, for e-commerce businesses, today announced it acquired Napkin.io. Founded in January 2021 by Nick Sypteras, Napkin.io provides developers an easy and secure way to write and deploy code directly from a browser.
Splunk to Acquire TwinWave – Read More
Splunk has acquired TwinWave Security, a cyber security start-up with unique technology that automatically follows and analyzes complex attack chains that would otherwise require cumbersome manual workflows for security analysts. The acquisition extends their security leadership and as part of this acquisition. Splunk is also also announcing TwinWave’s CEO and co-founder, Mike Horn, will become the Senior Vice President and General Manager of Security.
Download the full report below: