New S&P Tech M&A Review Analysis: A Steep Drop From The Top
According to a newly released analysis from 451 Research, M&A multiples have never been higher for a flashy few. However, most tech targets are facing a four-year low in valuations, since many acquirers have yet to fully recover their buying power. Q3 2020 hedge fund letters, conferences and more Tech M&A: A Steep Drop From The TopBy Scott Denne, Senior Research Analyst covering Tech M&A 451 Research, part of S&P Global Market Intelligence A surging US stock market, a cadence of IPOs with double- and triple-digit revenue multiples, and record valuations in 10-figure acquisitions create the imp...