ACQUISITION MULTIPLES FOR SAAS COMPANIES
Does anyone have data points on acquisition multiples for small (i.e. sub-$3M EBITDA) SaaS companies?
The public multiples I've come across are pretty rich (see picture), but that's to be expected. I've heard of one search fund acquisition of a smaller SaaS business management company that was 6.5x EBITDA and 2x revenue. I'd love to hear what others have seen.