{ "name": "Data company valuation multiples, as published", "title": "Data company valuation multiples, as published", "kind": "terms-board", "url": "https://datacompanyvaluation.com/datasets/data-company-valuation-multiples/", "csv": "https://datacompanyvaluation.com/datasets/data-company-valuation-multiples.csv", "markdown": "https://datacompanyvaluation.com/datasets/data-company-valuation-multiples/index.md", "computed_at": "2026-10-28", "license": "https://datacompanyvaluation.com/terms", "headline": "6 of 12 published data company multiples we read are measured on private company sales, read 28 October 2026.", "quotes": [ "6 of 12 published data company multiples we read are measured on private company sales, read 28 October 2026.", "What kind of company the multiple covers, by published multiple: data and analytics firms 4 of 12, information services and data providers 4 of 12, SaaS, including data software 2 of 12, one named data company 2 of 12 (12 published multiples, read 28 October 2026).", "What the multiple is measured on, by published multiple: private company sales 6 of 12, listed company prices 5 of 12, not stated 1 of 12 (12 published multiples, read 28 October 2026).", "EV to revenue, as stated, by published multiple: an EV to revenue multiple the publisher stated 7 of 12, not stated 5 of 12 (12 published multiples, read 28 October 2026).", "EV to EBITDA, as stated, by published multiple: not stated 6 of 12, an EV to EBITDA multiple the publisher stated 6 of 12 (12 published multiples, read 28 October 2026).", "The figure, in the publisher's words, by published multiple: stated 12 of 12 (12 published multiples, read 28 October 2026)." ], "citation": "\"Data company valuation multiples, as published\", updated 2026-10-28, https://datacompanyvaluation.com/datasets/data-company-valuation-multiples/.", "national": { "n": 12, "unit": "published multiples", "documents": 12, "published_sources": 12, "named_sources": 21 }, "board": { "type": "clauses", "noun": { "one": "published multiple", "many": "published multiples" }, "document": { "one": "deal report or comps page", "many": "deal reports and comps pages" }, "fields": [ { "id": "segment", "label": "What kind of company the multiple covers", "counts": { "data-analytics": 4, "information-services": 4, "one-company": 2, "data-saas": 2 }, "values": [ { "value": "data-analytics", "text": "data and analytics firms" }, { "value": "information-services", "text": "information services and data providers" }, { "value": "data-saas", "text": "SaaS, including data software" }, { "value": "one-company", "text": "one named data company" } ] }, { "id": "basis", "label": "What the multiple is measured on", "counts": { "private-deals": 6, "public-companies": 5, "not-stated": 1 }, "values": [ { "value": "private-deals", "text": "private company sales" }, { "value": "public-companies", "text": "listed company prices" } ] }, { "id": "ev_revenue", "label": "EV to revenue, as stated", "counts": { "x": 7, "not-stated": 5 }, "values": [ { "value": "x", "text": "an EV to revenue multiple the publisher stated" } ] }, { "id": "ev_ebitda", "label": "EV to EBITDA, as stated", "counts": { "x": 6, "not-stated": 6 }, "values": [ { "value": "x", "text": "an EV to EBITDA multiple the publisher stated" } ] }, { "id": "clause", "label": "The figure, in the publisher's words", "counts": { "stated": 12 }, "values": [ { "value": "stated", "text": "stated" } ], "clause": true } ], "lead": { "type": "share", "field": "basis", "value": "private-deals", "n": 6, "of": 12, "label": "Multiples measured on private sales" }, "vendors": [ { "name": "Aventis Advisors, data and analytics consultancies", "answers": { "segment": { "value": "data-analytics", "text": "data and analytics firms", "documents": [ { "document": "Aventis Advisors webinar recap", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "value": "data-analytics", "quote": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA" } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Aventis Advisors webinar recap", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "value": "private-deals", "quote": "We’ve looked at more than 1,000 M&A transactions in IT services over the past 10 years" } ] }, "ev_revenue": { "value": "2.2", "text": "2.2 x", "documents": [ { "document": "Aventis Advisors webinar recap", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "value": "2.2", "quote": "All IT services: 1.1x (n=1,051); data and analytics: 2.2x (n=48)" } ] }, "ev_ebitda": { "value": "16.3", "text": "16.3 x", "documents": [ { "document": "Aventis Advisors webinar recap", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "value": "16.3", "quote": "All IT services: 10.4x (n=520); data and analytics: 16.3x (n=27)" } ] }, "clause": { "value": "stated", "text": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA", "documents": [ { "document": "Aventis Advisors webinar recap", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "value": "stated", "quote": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA" } ] } } }, { "name": "Aventis Advisors, data and analytics deals 2015 to 2025", "answers": { "segment": { "value": "data-analytics", "text": "data and analytics firms", "documents": [ { "document": "Aventis Advisors valuation multiples page", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "value": "data-analytics", "quote": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA." } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Aventis Advisors valuation multiples page", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "value": "private-deals", "quote": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA." } ] }, "ev_revenue": { "value": "2.3", "text": "2.3 x", "documents": [ { "document": "Aventis Advisors valuation multiples page", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "value": "2.3", "quote": "data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA" } ] }, "ev_ebitda": { "value": "14.9", "text": "14.9 x", "documents": [ { "document": "Aventis Advisors valuation multiples page", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "value": "14.9", "quote": "data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA" } ] }, "clause": { "value": "stated", "text": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a…", "documents": [ { "document": "Aventis Advisors valuation multiples page", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "value": "stated", "quote": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA." } ] } } }, { "name": "Berkery Noyes, information industry, Q1 2014", "answers": { "segment": { "value": "information-services", "text": "information services and data providers", "documents": [ { "document": "Berkery Noyes report summary", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "value": "information-services", "quote": "Berkery Noyes’ Information Industry report showed that transaction volume in the Information Industry experienced a two percent uptick" } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Berkery Noyes report summary", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "value": "private-deals", "quote": "transaction volume in the Information Industry experienced a two percent uptick on a quarter-to-quarter basis" } ] }, "ev_revenue": { "value": "2.2", "text": "2.2 x", "documents": [ { "document": "Berkery Noyes report summary", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "value": "2.2", "quote": "The median revenue multiple remained constant at 2.2x" } ] }, "ev_ebitda": { "value": "11.0", "text": "11.0 x", "documents": [ { "document": "Berkery Noyes report summary", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "value": "11.0", "quote": "the median EBITDA multiple increased from 9.6x to 11.0x" } ] }, "clause": { "value": "stated", "text": "The median revenue multiple remained constant at 2.2x, while the median EBITDA multiple…", "documents": [ { "document": "Berkery Noyes report summary", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "value": "stated", "quote": "The median revenue multiple remained constant at 2.2x, while the median EBITDA multiple increased from 9.6x to 11.0x." } ] } } }, { "name": "Clearwater Analytics, taken private in 2025", "answers": { "segment": { "value": "one-company", "text": "one named data company", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "value": "one-company", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue." } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "value": "private-deals", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025" } ] }, "ev_revenue": { "value": "10.9", "text": "10.9 x", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "value": "10.9", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue." } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple…", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "value": "stated", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue." } ] } } }, { "name": "Damodaran, US information services, EV to EBITDA", "answers": { "segment": { "value": "information-services", "text": "information services and data providers", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "value": "information-services", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74" } ] }, "basis": { "value": "public-companies", "text": "listed company prices", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "value": "public-companies", "quote": "Only positive EBITDA firms\tAll firms" } ] }, "ev_revenue": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "value": "not-stated", "quote": "" } ] }, "ev_ebitda": { "value": "12.81", "text": "12.81 x", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "value": "12.81", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74" } ] }, "clause": { "value": "stated", "text": "Information Services 15 10.38 11.50 17.77 22.73 11.43 12.81 17.77 22.74", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "value": "stated", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74" } ] } } }, { "name": "Damodaran, US information services, EV to sales", "answers": { "segment": { "value": "information-services", "text": "information services and data providers", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "value": "information-services", "quote": "Information Services\t15\t1.70\t6.53%\t2.21\t12.45%" } ] }, "basis": { "value": "public-companies", "text": "listed company prices", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "value": "public-companies", "quote": "Industry Name Number of firms Price/Sales Net Margin EV/Sales Pre-tax Operating Margin" } ] }, "ev_revenue": { "value": "2.21", "text": "2.21 x", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "value": "2.21", "quote": "Information Services\t15\t1.70\t6.53%\t2.21\t12.45%" } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "Information Services 15 1.70 6.53% 2.21 12.45%", "documents": [ { "document": "Damodaran industry table, January 2026", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "value": "stated", "quote": "Information Services\t15\t1.70\t6.53%\t2.21\t12.45%" } ] } } }, { "name": "Latent View Analytics, listed", "answers": { "segment": { "value": "one-company", "text": "one named data company", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "value": "one-company", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA." } ] }, "basis": { "value": "public-companies", "text": "listed company prices", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "value": "public-companies", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA." } ] }, "ev_revenue": { "value": "3.5", "text": "3.5 x", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "value": "3.5", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA." } ] }, "ev_ebitda": { "value": "15.8", "text": "15.8 x", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "value": "15.8", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA." } ] }, "clause": { "value": "stated", "text": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "documents": [ { "document": "Multiples.vc company page", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "value": "stated", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA." } ] } } }, { "name": "Lincoln International, marketing information services", "answers": { "segment": { "value": "information-services", "text": "information services and data providers", "documents": [ { "document": "Lincoln International Q1 2026 report", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "value": "information-services", "quote": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025" } ] }, "basis": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Lincoln International Q1 2026 report", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "value": "not-stated", "quote": "" } ] }, "ev_revenue": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Lincoln International Q1 2026 report", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "value": "not-stated", "quote": "" } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Lincoln International Q1 2026 report", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025", "documents": [ { "document": "Lincoln International Q1 2026 report", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "value": "stated", "quote": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025" } ] } } }, { "name": "Oaklins, data analytics and BI, first half of 2026", "answers": { "segment": { "value": "data-analytics", "text": "data and analytics firms", "documents": [ { "document": "Oaklins IT services M&A update", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "value": "data-analytics", "quote": "The data analytics market is expected to grow at around 28% annually over the coming decade" } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Oaklins IT services M&A update", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "value": "private-deals", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26" } ] }, "ev_revenue": { "value": "2.3", "text": "2.3 x", "documents": [ { "document": "Oaklins IT services M&A update", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "value": "2.3", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26" } ] }, "ev_ebitda": { "value": "13.9", "text": "13.9 x", "documents": [ { "document": "Oaklins IT services M&A update", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "value": "13.9", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26" } ] }, "clause": { "value": "stated", "text": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26, with…", "documents": [ { "document": "Oaklins IT services M&A update", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "value": "stated", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26, with revenue multiples broadly stable and EBITDA multiples remaining above the long-term median." } ] } } }, { "name": "SaaS Capital Index", "answers": { "segment": { "value": "data-saas", "text": "SaaS, including data software", "documents": [ { "document": "SaaS Capital valuations page", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "value": "data-saas", "quote": "While the median multiple is down roughly 60% from its peak achieved in 2021" } ] }, "basis": { "value": "public-companies", "text": "listed company prices", "documents": [ { "document": "SaaS Capital valuations page", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "value": "public-companies", "quote": "it has stabilized in the 6-7x range, which is where the SCI stood in the 2015-2016 period" } ] }, "ev_revenue": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "SaaS Capital valuations page", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "value": "not-stated", "quote": "" } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "SaaS Capital valuations page", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "While the median multiple is down roughly 60% from its peak achieved in 2021, it has…", "documents": [ { "document": "SaaS Capital valuations page", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "value": "stated", "quote": "While the median multiple is down roughly 60% from its peak achieved in 2021, it has stabilized in the 6-7x range, which is where the SCI stood in the 2015-2016 period." } ] } } }, { "name": "Software Equity Group, analytics and data management SaaS", "answers": { "segment": { "value": "data-saas", "text": "SaaS, including data software", "documents": [ { "document": "SEG 2026 annual SaaS report page", "url": "https://softwareequity.com/research/annual-saas-report", "value": "data-saas", "quote": "Analytics & Data Management was the only product category to expand YOY" } ] }, "basis": { "value": "public-companies", "text": "listed company prices", "documents": [ { "document": "SEG 2026 annual SaaS report page", "url": "https://softwareequity.com/research/annual-saas-report", "value": "public-companies", "quote": "SEG SaaS Index™ EV/Revenue by Product Category" } ] }, "ev_revenue": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "SEG 2026 annual SaaS report page", "url": "https://softwareequity.com/research/annual-saas-report", "value": "not-stated", "quote": "" } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "SEG 2026 annual SaaS report page", "url": "https://softwareequity.com/research/annual-saas-report", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "Analytics & Data Management was the only product category to expand YOY, with its median…", "documents": [ { "document": "SEG 2026 annual SaaS report page", "url": "https://softwareequity.com/research/annual-saas-report", "value": "stated", "quote": "Analytics & Data Management was the only product category to expand YOY, with its median EV/TTM revenue multiple increasing 11%, reflecting demand for platforms central to enterprise data architectures." } ] } } }, { "name": "Solganick, data analytics IT consulting", "answers": { "segment": { "value": "data-analytics", "text": "data and analytics firms", "documents": [ { "document": "Solganick M&A update", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "value": "data-analytics", "quote": "For example, a Snowflake partner that is growing 40% per year and has strong gross profit and EBITDA margins will likely obtain a higher EV/Revenue multiple." } ] }, "basis": { "value": "private-deals", "text": "private company sales", "documents": [ { "document": "Solganick M&A update", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "value": "private-deals", "quote": "The type and quality of work provided by the seller drive valuation." } ] }, "ev_revenue": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Solganick M&A update", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "value": "not-stated", "quote": "" } ] }, "ev_ebitda": { "value": "not-stated", "text": "not stated", "documents": [ { "document": "Solganick M&A update", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "value": "not-stated", "quote": "" } ] }, "clause": { "value": "stated", "text": "LTM Enterprise Value to Revenue (EV/Revenue): 2.0x to 3.3x+", "documents": [ { "document": "Solganick M&A update", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "value": "stated", "quote": "LTM Enterprise Value to Revenue (EV/Revenue): 2.0x to 3.3x+" } ] } } } ] }, "subject_kind": "published multiple", "rows": [ { "subject": "Aventis Advisors, data and analytics consultancies", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "document": "Aventis Advisors webinar recap", "question": "segment", "answer": "data-analytics", "answer_text": "data and analytics firms", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA", "text_sha256": "cbe2fad50bbd18cde7e6309ec8e418eb89bc89813c12ea830bc99dbdb6de51dd" }, { "subject": "Aventis Advisors, data and analytics consultancies", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "document": "Aventis Advisors webinar recap", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "We’ve looked at more than 1,000 M&A transactions in IT services over the past 10 years", "text_sha256": "cbe2fad50bbd18cde7e6309ec8e418eb89bc89813c12ea830bc99dbdb6de51dd" }, { "subject": "Aventis Advisors, data and analytics consultancies", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "document": "Aventis Advisors webinar recap", "question": "ev_revenue", "answer": "2.2", "answer_text": "2.2 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "All IT services: 1.1x (n=1,051); data and analytics: 2.2x (n=48)", "text_sha256": "cbe2fad50bbd18cde7e6309ec8e418eb89bc89813c12ea830bc99dbdb6de51dd" }, { "subject": "Aventis Advisors, data and analytics consultancies", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "document": "Aventis Advisors webinar recap", "question": "ev_ebitda", "answer": "16.3", "answer_text": "16.3 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "All IT services: 10.4x (n=520); data and analytics: 16.3x (n=27)", "text_sha256": "cbe2fad50bbd18cde7e6309ec8e418eb89bc89813c12ea830bc99dbdb6de51dd" }, { "subject": "Aventis Advisors, data and analytics consultancies", "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "document": "Aventis Advisors webinar recap", "question": "clause", "answer": "stated", "answer_text": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Data and analytics command a 57% premium vs. IT Services on median EV/EBITDA", "text_sha256": "cbe2fad50bbd18cde7e6309ec8e418eb89bc89813c12ea830bc99dbdb6de51dd" }, { "subject": "Aventis Advisors, data and analytics deals 2015 to 2025", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "document": "Aventis Advisors valuation multiples page", "question": "segment", "answer": "data-analytics", "answer_text": "data and analytics firms", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA.", "text_sha256": "c3f7ed485b46d4c9e11eb73d9e8435c29b4e0e82b973e3fc1f3f28f57b7dc7e5" }, { "subject": "Aventis Advisors, data and analytics deals 2015 to 2025", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "document": "Aventis Advisors valuation multiples page", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Across disclosed transactions from 2015 to 2025, data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA.", "text_sha256": "c3f7ed485b46d4c9e11eb73d9e8435c29b4e0e82b973e3fc1f3f28f57b7dc7e5" }, { "subject": "Aventis Advisors, data and analytics deals 2015 to 2025", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "document": "Aventis Advisors valuation multiples page", "question": "ev_revenue", "answer": "2.3", "answer_text": "2.3 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA", "text_sha256": "c3f7ed485b46d4c9e11eb73d9e8435c29b4e0e82b973e3fc1f3f28f57b7dc7e5" }, { "subject": "Aventis Advisors, data and analytics deals 2015 to 2025", "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "document": "Aventis Advisors valuation multiples page", "question": "ev_ebitda", "answer": "14.9", "answer_text": "14.9 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "data and analytics firms sold at a median of about 2.3x revenue and 14.9x EBITDA", "text_sha256": "c3f7ed485b46d4c9e11eb73d9e8435c29b4e0e82b973e3fc1f3f28f57b7dc7e5" }, { "subject": "Aventis 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"quote": "Berkery Noyes’ Information Industry report showed that transaction volume in the Information Industry experienced a two percent uptick", "text_sha256": "178d3346cbcfdf214a4313de94ba384f027661aa6edd302eb51e671107632894" }, { "subject": "Berkery Noyes, information industry, Q1 2014", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "document": "Berkery Noyes report summary", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "transaction volume in the Information Industry experienced a two percent uptick on a quarter-to-quarter basis", "text_sha256": "178d3346cbcfdf214a4313de94ba384f027661aa6edd302eb51e671107632894" }, { "subject": "Berkery Noyes, information industry, Q1 2014", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "document": "Berkery Noyes report summary", "question": "ev_revenue", "answer": "2.2", "answer_text": "2.2 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "The median revenue multiple remained constant at 2.2x", "text_sha256": "178d3346cbcfdf214a4313de94ba384f027661aa6edd302eb51e671107632894" }, { "subject": "Berkery Noyes, information industry, Q1 2014", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "document": "Berkery Noyes report summary", "question": "ev_ebitda", "answer": "11.0", "answer_text": "11.0 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "the median EBITDA multiple increased from 9.6x to 11.0x", "text_sha256": "178d3346cbcfdf214a4313de94ba384f027661aa6edd302eb51e671107632894" }, { "subject": "Berkery Noyes, information industry, Q1 2014", "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "document": "Berkery Noyes report summary", "question": "clause", "answer": "stated", "answer_text": "The median revenue multiple remained constant at 2.2x, while the median EBITDA multiple…", "status": "stated", "retrieved_at": "2026-10-28", "quote": "The median revenue multiple remained constant at 2.2x, while the median EBITDA multiple increased from 9.6x to 11.0x.", "text_sha256": "178d3346cbcfdf214a4313de94ba384f027661aa6edd302eb51e671107632894" }, { "subject": "Clearwater Analytics, taken private in 2025", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "segment", "answer": "one-company", "answer_text": "one named data company", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue.", "text_sha256": "58654c87f0fd71215881b97e21b4ccdc8aa51990e41eb75d027a8283cccb2192" }, { "subject": "Clearwater Analytics, taken private in 2025", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025", "text_sha256": "58654c87f0fd71215881b97e21b4ccdc8aa51990e41eb75d027a8283cccb2192" }, { "subject": "Clearwater Analytics, taken private in 2025", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "ev_revenue", "answer": "10.9", "answer_text": "10.9 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue.", "text_sha256": "58654c87f0fd71215881b97e21b4ccdc8aa51990e41eb75d027a8283cccb2192" }, { "subject": "Clearwater Analytics, taken private in 2025", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "ev_ebitda", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 22,578 characters when read on 2026-10-28.", "text_sha256": "58654c87f0fd71215881b97e21b4ccdc8aa51990e41eb75d027a8283cccb2192" }, { "subject": "Clearwater Analytics, taken private in 2025", "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "clause", "answer": "stated", "answer_text": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple…", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Clearwater Analytics was acquired by Permira for $8.4B in December 2025, a 10.9x multiple on $774M of revenue.", "text_sha256": "58654c87f0fd71215881b97e21b4ccdc8aa51990e41eb75d027a8283cccb2192" }, { "subject": "Damodaran, US information services, EV to EBITDA", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "document": "Damodaran industry table, January 2026", "question": "segment", "answer": "information-services", "answer_text": "information services and data providers", "status": "stated", "retrieved_at": "2026-10-11", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74", "text_sha256": "9ae6fbd58e55fdce08e1fdcb9142abc612b63d245d673cfab52c0cc855c998ca" }, { "subject": "Damodaran, US information services, EV to EBITDA", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "document": "Damodaran industry table, January 2026", "question": "basis", "answer": "public-companies", "answer_text": "listed company prices", "status": "stated", "retrieved_at": "2026-10-11", "quote": "Only positive EBITDA firms\tAll firms", "text_sha256": "9ae6fbd58e55fdce08e1fdcb9142abc612b63d245d673cfab52c0cc855c998ca" }, { "subject": "Damodaran, US information services, EV to EBITDA", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "document": "Damodaran industry table, January 2026", "question": "ev_revenue", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-11", "quote": "No answer on the deal report or comps page, which ran to 7,214 characters when read on 2026-10-11.", "text_sha256": "9ae6fbd58e55fdce08e1fdcb9142abc612b63d245d673cfab52c0cc855c998ca" }, { "subject": "Damodaran, US information services, EV to EBITDA", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "document": "Damodaran industry table, January 2026", "question": "ev_ebitda", "answer": "12.81", "answer_text": "12.81 x", "status": "stated", "retrieved_at": "2026-10-11", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74", "text_sha256": "9ae6fbd58e55fdce08e1fdcb9142abc612b63d245d673cfab52c0cc855c998ca" }, { "subject": "Damodaran, US information services, EV to EBITDA", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "document": "Damodaran industry table, January 2026", "question": "clause", "answer": "stated", "answer_text": "Information Services 15 10.38 11.50 17.77 22.73 11.43 12.81 17.77 22.74", "status": "stated", "retrieved_at": "2026-10-11", "quote": "Information Services\t15\t10.38\t11.50\t17.77\t22.73\t11.43\t12.81\t17.77\t22.74", "text_sha256": "9ae6fbd58e55fdce08e1fdcb9142abc612b63d245d673cfab52c0cc855c998ca" }, { "subject": "Damodaran, US information services, EV to sales", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "document": "Damodaran industry table, January 2026", "question": "segment", "answer": "information-services", "answer_text": "information services and data providers", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Information Services\t15\t1.70\t6.53%\t2.21\t12.45%", "text_sha256": "736cbe32f957ce841656ef199f6807105a62a8f15ad220a70f9f3f39cab50bb3" }, { "subject": "Damodaran, US information services, EV to sales", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "document": "Damodaran industry table, January 2026", "question": "basis", "answer": "public-companies", "answer_text": "listed company prices", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Industry Name Number of firms Price/Sales Net Margin EV/Sales Pre-tax Operating Margin", "text_sha256": "736cbe32f957ce841656ef199f6807105a62a8f15ad220a70f9f3f39cab50bb3" }, { "subject": "Damodaran, US information services, EV to sales", "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "document": "Damodaran industry table, January 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2026", "question": "clause", "answer": "stated", "answer_text": "Information Services 15 1.70 6.53% 2.21 12.45%", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Information Services\t15\t1.70\t6.53%\t2.21\t12.45%", "text_sha256": "736cbe32f957ce841656ef199f6807105a62a8f15ad220a70f9f3f39cab50bb3" }, { "subject": "Latent View Analytics, listed", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "segment", "answer": "one-company", "answer_text": "one named data company", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "text_sha256": "f030a3a926911b1bd797d794aa7ff08ca88b61c6b0d6cf58de61cb83fbea989e" }, { "subject": "Latent View Analytics, listed", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "basis", "answer": "public-companies", "answer_text": "listed company prices", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "text_sha256": "f030a3a926911b1bd797d794aa7ff08ca88b61c6b0d6cf58de61cb83fbea989e" }, { "subject": "Latent View Analytics, listed", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "ev_revenue", "answer": "3.5", "answer_text": "3.5 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "text_sha256": "f030a3a926911b1bd797d794aa7ff08ca88b61c6b0d6cf58de61cb83fbea989e" }, { "subject": "Latent View Analytics, listed", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "ev_ebitda", "answer": "15.8", "answer_text": "15.8 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "text_sha256": "f030a3a926911b1bd797d794aa7ff08ca88b61c6b0d6cf58de61cb83fbea989e" }, { "subject": "Latent View Analytics, listed", "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "document": "Multiples.vc company page", "question": "clause", "answer": "stated", "answer_text": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Latent View Analytics trades at 3.5x EV/Revenue multiple, and 15.8x EV/EBITDA.", "text_sha256": "f030a3a926911b1bd797d794aa7ff08ca88b61c6b0d6cf58de61cb83fbea989e" }, { "subject": "Lincoln International, marketing information services", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "document": "Lincoln International Q1 2026 report", "question": "segment", "answer": "information-services", "answer_text": "information services and data providers", "status": "stated", "retrieved_at": "2026-10-28", "quote": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025", "text_sha256": "d7bb3463621cb4720b9b8d980d43732d4e3fe5f415790a659d2032180b482c14" }, { "subject": "Lincoln International, marketing information services", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "document": "Lincoln International Q1 2026 report", "question": "basis", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 10,973 characters when read on 2026-10-28.", "text_sha256": "d7bb3463621cb4720b9b8d980d43732d4e3fe5f415790a659d2032180b482c14" }, { "subject": "Lincoln International, marketing information services", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "document": "Lincoln International Q1 2026 report", "question": "ev_revenue", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 10,973 characters when read on 2026-10-28.", "text_sha256": "d7bb3463621cb4720b9b8d980d43732d4e3fe5f415790a659d2032180b482c14" }, { "subject": "Lincoln International, marketing information services", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "document": "Lincoln International Q1 2026 report", "question": "ev_ebitda", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 10,973 characters when read on 2026-10-28.", "text_sha256": "d7bb3463621cb4720b9b8d980d43732d4e3fe5f415790a659d2032180b482c14" }, { "subject": "Lincoln International, marketing information services", "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "document": "Lincoln International Q1 2026 report", "question": "clause", "answer": "stated", "answer_text": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025", "status": "stated", "retrieved_at": "2026-10-28", "quote": "EBITDA multiples generally ranging between ~10.0x and ~12.0x through Q4 2025", "text_sha256": "d7bb3463621cb4720b9b8d980d43732d4e3fe5f415790a659d2032180b482c14" }, { "subject": "Oaklins, data analytics and BI, first half of 2026", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "document": "Oaklins IT services M&A update", "question": "segment", "answer": "data-analytics", "answer_text": "data and analytics firms", "status": "stated", "retrieved_at": "2026-10-28", "quote": "The data analytics market is expected to grow at around 28% annually over the coming decade", "text_sha256": "7f881f8df253bcdf87f7ebb6fd1a10672bfdd3fc62541d4e20c76fe28f999d41" }, { "subject": "Oaklins, data analytics and BI, first half of 2026", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "document": "Oaklins IT services M&A update", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26", "text_sha256": "7f881f8df253bcdf87f7ebb6fd1a10672bfdd3fc62541d4e20c76fe28f999d41" }, { "subject": "Oaklins, data analytics and BI, first half of 2026", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "document": "Oaklins IT services M&A update", "question": "ev_revenue", "answer": "2.3", "answer_text": "2.3 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26", "text_sha256": "7f881f8df253bcdf87f7ebb6fd1a10672bfdd3fc62541d4e20c76fe28f999d41" }, { "subject": "Oaklins, data analytics and BI, first half of 2026", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "document": "Oaklins IT services M&A update", "question": "ev_ebitda", "answer": "13.9", "answer_text": "13.9 x", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26", "text_sha256": "7f881f8df253bcdf87f7ebb6fd1a10672bfdd3fc62541d4e20c76fe28f999d41" }, { "subject": "Oaklins, data analytics and BI, first half of 2026", "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "document": "Oaklins IT services M&A update", "question": "clause", "answer": "stated", "answer_text": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26, with…", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Median valuations stood at around 2.3x EV/Revenue and 13.9x EV/EBITDA in 1H26, with revenue multiples broadly stable and EBITDA multiples remaining above the long-term median.", "text_sha256": "7f881f8df253bcdf87f7ebb6fd1a10672bfdd3fc62541d4e20c76fe28f999d41" }, { "subject": "SaaS Capital Index", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "document": "SaaS Capital valuations page", "question": "segment", "answer": "data-saas", "answer_text": "SaaS, including data software", "status": "stated", "retrieved_at": "2026-09-12", "quote": "While the median multiple is down roughly 60% from its peak achieved in 2021", "text_sha256": "aa9cd754eade9c21508c4bc1c75a3b38c40111e6a8c0863bd750376d88857700" }, { "subject": "SaaS Capital Index", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "document": "SaaS Capital valuations page", "question": "basis", "answer": "public-companies", "answer_text": "listed company prices", "status": "stated", "retrieved_at": "2026-09-12", "quote": "it has stabilized in the 6-7x range, which is where the SCI stood in the 2015-2016 period", "text_sha256": "aa9cd754eade9c21508c4bc1c75a3b38c40111e6a8c0863bd750376d88857700" }, { "subject": "SaaS Capital Index", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "document": "SaaS Capital valuations page", "question": "ev_revenue", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-09-12", "quote": "No answer on the deal report or comps page, which ran to 18,762 characters when read on 2026-09-12.", "text_sha256": "aa9cd754eade9c21508c4bc1c75a3b38c40111e6a8c0863bd750376d88857700" }, { "subject": "SaaS Capital Index", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "document": "SaaS Capital valuations page", "question": "ev_ebitda", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-09-12", "quote": "No answer on the deal report or comps page, which ran to 18,762 characters when read on 2026-09-12.", "text_sha256": "aa9cd754eade9c21508c4bc1c75a3b38c40111e6a8c0863bd750376d88857700" }, { "subject": "SaaS Capital Index", "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "document": "SaaS Capital valuations page", "question": "clause", "answer": "stated", "answer_text": "While the median multiple is down roughly 60% from its peak achieved in 2021, it has…", "status": "stated", "retrieved_at": "2026-09-12", "quote": "While the median multiple is down roughly 60% from its peak achieved in 2021, it has stabilized in the 6-7x range, which is where the SCI stood in the 2015-2016 period.", "text_sha256": "aa9cd754eade9c21508c4bc1c75a3b38c40111e6a8c0863bd750376d88857700" }, { "subject": "Software Equity Group, analytics and data management SaaS", "url": "https://softwareequity.com/research/annual-saas-report", "document": "SEG 2026 annual SaaS report page", "question": "segment", "answer": "data-saas", "answer_text": "SaaS, including data software", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Analytics & Data Management was the only product category to expand YOY", "text_sha256": "be6a9e23b34281710ebc09170514fbe9a4bdd85d9add601d361e304163f82b48" }, { "subject": "Software Equity Group, analytics and data management SaaS", "url": "https://softwareequity.com/research/annual-saas-report", "document": "SEG 2026 annual SaaS report page", "question": "basis", "answer": "public-companies", "answer_text": "listed company prices", "status": "stated", "retrieved_at": "2026-10-28", "quote": "SEG SaaS Index™ EV/Revenue by Product Category", "text_sha256": "be6a9e23b34281710ebc09170514fbe9a4bdd85d9add601d361e304163f82b48" }, { "subject": "Software Equity Group, analytics and data management SaaS", "url": "https://softwareequity.com/research/annual-saas-report", "document": "SEG 2026 annual SaaS report page", "question": "ev_revenue", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 8,395 characters when read on 2026-10-28.", "text_sha256": "be6a9e23b34281710ebc09170514fbe9a4bdd85d9add601d361e304163f82b48" }, { "subject": "Software Equity Group, analytics and data management SaaS", "url": "https://softwareequity.com/research/annual-saas-report", "document": "SEG 2026 annual SaaS report page", "question": "ev_ebitda", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 8,395 characters when read on 2026-10-28.", "text_sha256": "be6a9e23b34281710ebc09170514fbe9a4bdd85d9add601d361e304163f82b48" }, { "subject": "Software Equity Group, analytics and data management SaaS", "url": "https://softwareequity.com/research/annual-saas-report", "document": "SEG 2026 annual SaaS report page", "question": "clause", "answer": "stated", "answer_text": "Analytics & Data Management was the only product category to expand YOY, with its median…", "status": "stated", "retrieved_at": "2026-10-28", "quote": "Analytics & Data Management was the only product category to expand YOY, with its median EV/TTM revenue multiple increasing 11%, reflecting demand for platforms central to enterprise data architectures.", "text_sha256": "be6a9e23b34281710ebc09170514fbe9a4bdd85d9add601d361e304163f82b48" }, { "subject": "Solganick, data analytics IT consulting", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "document": "Solganick M&A update", "question": "segment", "answer": "data-analytics", "answer_text": "data and analytics firms", "status": "stated", "retrieved_at": "2026-10-28", "quote": "For example, a Snowflake partner that is growing 40% per year and has strong gross profit and EBITDA margins will likely obtain a higher EV/Revenue multiple.", "text_sha256": "5e7983a1f6e1c52ba1ec87d14030f2ab6df3f3491a941e97c104a5f85334d4e2" }, { "subject": "Solganick, data analytics IT consulting", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "document": "Solganick M&A update", "question": "basis", "answer": "private-deals", "answer_text": "private company sales", "status": "stated", "retrieved_at": "2026-10-28", "quote": "The type and quality of work provided by the seller drive valuation.", "text_sha256": "5e7983a1f6e1c52ba1ec87d14030f2ab6df3f3491a941e97c104a5f85334d4e2" }, { "subject": "Solganick, data analytics IT consulting", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "document": "Solganick M&A update", "question": "ev_revenue", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 3,536 characters when read on 2026-10-28.", "text_sha256": "5e7983a1f6e1c52ba1ec87d14030f2ab6df3f3491a941e97c104a5f85334d4e2" }, { "subject": "Solganick, data analytics IT consulting", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "document": "Solganick M&A update", "question": "ev_ebitda", "answer": "not-stated", "answer_text": "not stated", "status": "not-stated", "retrieved_at": "2026-10-28", "quote": "No answer on the deal report or comps page, which ran to 3,536 characters when read on 2026-10-28.", "text_sha256": "5e7983a1f6e1c52ba1ec87d14030f2ab6df3f3491a941e97c104a5f85334d4e2" }, { "subject": "Solganick, data analytics IT consulting", "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "document": "Solganick M&A update", "question": "clause", "answer": "stated", "answer_text": "LTM Enterprise Value to Revenue (EV/Revenue): 2.0x to 3.3x+", "status": "stated", "retrieved_at": "2026-10-28", "quote": "LTM Enterprise Value to Revenue (EV/Revenue): 2.0x to 3.3x+", "text_sha256": "5e7983a1f6e1c52ba1ec87d14030f2ab6df3f3491a941e97c104a5f85334d4e2" } ], "sources": [ { "url": "https://aventis-advisors.com/data-analytics-valuation-multiples/", "label": "Aventis Advisors: data and analytics valuation multiples", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://aventis-advisors.com/data-and-analytics-consultancies-valuations/", "label": "Aventis Advisors: data and analytics consultancies valuations", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://www.oaklins.com/news/en-CH/269325-it-services-m-a-update-august-2026/", "label": "Oaklins: IT services M&A update, August 2026", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://solganick.com/data-analytics-it-consulting-mergers-report-2022/", "label": "Solganick: data analytics IT consulting M&A update", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://berkerynoyes.com/information-industry-ma-volume-holds-steady-as-median-ebitda-multiples-continue-to-rise/", "label": "Berkery Noyes: information industry M&A", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://softwareequity.com/research/annual-saas-report", "label": "Software Equity Group: 2026 annual SaaS report", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://www.saas-capital.com/blog-posts/private-saas-company-valuations-multiples/", "label": "SaaS Capital: private SaaS company valuations", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://www.acquiry.com/sector-multiples/", "label": "Acquiry: sector valuation multiples 2026", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "sub-sector ranges for digital businesses; none is a data company sector" }, { "url": "https://flippa.com/blog/multiples/", "label": "Flippa: multiples", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "online business sale stories; no data company multiple" }, { "url": "https://multiples.vc/bi-analytics-software-valuation-multiples", "label": "Multiples.vc: BI and analytics software multiples", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "a list of listed companies with no sector multiple stated in the page's text" }, { "url": "https://multiples.vc/data-infrastructure-valuation-multiples", "label": "Multiples.vc: data infrastructure multiples", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "a list of listed companies with no sector multiple stated in the page's text" }, { "url": "https://multiples.vc/health-data-analytics-valuation-multiples", "label": "Multiples.vc: health data and analytics multiples", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "a list of listed companies with no sector multiple stated in the page's text" }, { "url": "https://multiples.vc/public-comps/clearwater-analytics-valuation-multiples", "label": "Multiples.vc: Clearwater Analytics", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://multiples.vc/public-comps/latent-view-analytics-valuation-multiples", "label": "Multiples.vc: Latent View Analytics", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Marketing-Information-Services-Report_.pdf", "label": "Lincoln International: marketing information services report Q1 2026", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "read" }, { "url": "https://www.lincolninternational.com/wp-content/uploads/2026-Q1-Recap-Marketing-Information-Services-Report.pdf", "label": "Lincoln International: marketing information services Q1 2026 recap", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "primary-provider-own-site", "status": "not-terms", "why": "the recap of the Lincoln International report recorded from source 15" }, { "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/vebitda.html", "label": "Damodaran (NYU Stern): EV/EBITDA by industry", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "first-party-index", "status": "read" }, { "url": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/psdata.html", "label": "Damodaran (NYU Stern): price and EV to sales by industry", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "first-party-index", "status": "read" }, { "url": "https://eqvista.com/ebitda-multiples-by-industry/", "label": "Eqvista: EBITDA multiples by industry", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "secondary", "status": "not-terms", "why": "a compilation, admitted as a cross-check only" }, { "url": "https://www.equidam.com/ebitda-multiples-trbc-industries/", "label": "Equidam: EBITDA multiples by TRBC industry", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "secondary", "status": "not-terms", "why": "a compilation, admitted as a cross-check only" }, { "url": "https://clearlyacquired.com/blog/ebitda-multiples-for-saas-and-software-companies-2025-2026", "label": "Clearly Acquired: SaaS EBITDA multiples 2025-2026", "license": "cited for reporting; the publisher's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables", "class": "secondary", "status": "not-terms", "why": "a compilation, admitted as a cross-check only" } ], "methodology": "Each published multiple's own M&A advisers' reports, SaaS indices, public comps pages and Damodaran's industry tables were read through estate-fetch and stored whole (sha256 on every row). For every deal report or comps page, five questions were answered from its own words: what kind of company the multiple covers, what the multiple is measured on, eV to revenue, as stated, eV to EBITDA, as stated, the figure, in the publisher's words. Every stated answer carries the sentence it rests on, checked against the stored text; 'not stated' means the deal report or comps page read does not address the question. A published multiple with several deal reports and comps pages reads 'varies' where they disagree. 12 published multiples, 12 deal reports and comps pages.", "embed": "
6 of 12 published data company multiples we read are measured on private company sales, read 28 October 2026.
Data company valuation multiples, as published, datacompanyvaluation.com
" }