[TechUkraine news] CEE Software Development M&A Report 2019

[TechUkraine news⛳️]

AVentures Capital presented CEE Software Development M&A Report 2019 – the comprehensive coverage of M&A activity in Software Development (IT Outsourcing) industry in CEE region (Ukraine, Poland, Belarus, and Romania)????
????️‍♀️Key findings:
CEE outsourcing grows much faster than the global average: 20-25%* y-o-y vs 5% globally*;
2018 and 2019 had the highest number of M&A/cash-out deals during the last decade;
Consistently high M&A activity in 2018 and 2019:single digit EBITDA multiple for <$50M revenue companies and double-digit EBITDA multiple for $50-100M+ revenue companies or those with strong vertical focus and high gross margin profile;
Leaders` M&A à IPO / exit play: 5+ well-funded CEE players with revenue of $100M or more continued to expand through M&A with the goal of an IPO / exit play

????Read more:https://bit.ly/3cnnIQk
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