12.08.24 | Reports
Nordic Tech M&A Outlook Report Q2 2024
Stratema`s quarterly Nordic Tech M&A Outlook report offers an up-to-date analysis of Nordic tech transactions in Q2 2024, focusing on small-cap and mid-cap companies.
In Q2 2024, the Nordic tech sector recorded 80 transactions, slightly down from the previous three quarters, with a strong emphasis on SaaS (Software-as-a-Service) companies. SaaS companies were involved in 49 of these transactions, a slight dip from Q1 but consistent with previous quarters.
Publicly listed software companies have traded at approximately 4.0x EV/Sales over the last six months, while public IT consulting SMEs have reached a median of 9.7x EV/EBITDA in Q2.
Vertical SaaS, particularly in eHealth, eLearning, and PropTech, continues to dominate the M&A landscape, drawing significant interest from global private equity due to their market niche leadership and revenue stability.
Stratema’s quarterly Nordic Tech M&A Outlook draws from our comprehensive proprietary transaction database and Nordic Tech M&A indices, reflecting our ongoing, in-depth research and deep expertise in the sector.