Sector: SaaS (Workplace Productivity)
Transaction Type: Strategic majority acquisition by global software firm
Location:
Client Profile
A fast-growing B2B SaaS provider delivering workplace collaboration and task automation tools to mid-sized professional services firms. The platform had strong product-market fit, recurring revenue growth of 50% year-on-year, and a loyal enterprise client base. The founders were seeking partial liquidity and a strategic partner to support international expansion.
Challenge
Despite strong growth metrics, the company faced challenges translating product traction into a premium valuation. Key concerns included:
- Inconsistent revenue categorisation (mix of MRR, annual prepay, and usage-based billing)
- No prior transaction experience within the founding team
- Uncertainty around how to position a niche platform to global buyers
- Risk of valuation compression due to lack of scale
Cavari’s Role
Cavari acted as full-spectrum sell-side advisor. Our responsibilities included:
- Strategic positioning and growth narrative development
- ARR-based financial model build and SaaS valuation benchmarking
- Global buyer mapping across productivity and vertical SaaS segments
- End-to-end process design, execution, and negotiation
Strategic Approach
We led a full SaaS diagnostics process, including churn cohort analysis, LTV/CAC ratios, and expansion revenue forecasting. Cavari developed a dynamic model that allowed buyers to simulate revenue growth scenarios under different assumptions.
Our AI-driven buyer engine shortlisted 40+ global SaaS acquirers. We prioritised those actively acquiring in APAC or seeking mid-market platforms with vertical entry potential. The company was positioned as a strategic foothold into the APAC mid-market.
We secured multiple offers and negotiated a structured deal with a European software group, including a significant earn-out and defined post-deal roadmap for product integration.
Outcome
- Strategic acquisition at 10.4x ARR valuation
- Founders retained a 22% stake with performance incentives
- Global rollout resources committed post-acquisition
- No discounting applied for small scale or geography
- Transaction closed in under 16 weeks
Strategic Insight
In SaaS, valuation depends as much on strategic relevance as on raw metrics. By reframing scale limitations as a strategic entry point, Cavari unlocked a premium outcome that traditional brokers could not. Narrative, data, and buyer intelligence drove the result.