Industry Update: Software
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the Software industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
- On November 24, 2020, Autodesk, Inc. announced the completion of its acquisition of Oslo, Norway-based Spacemaker for $240 million net of cash, representing Autodesk’s thirteenth investment in design and construction solutions providers in three years. Spacemaker helps architects and urban designers maximize developers’ long-term property investments and realize the full potential of the site.
- On December 1, 2020, Lightspeed, a leading provider of cloud-based, omnichannel commerce platforms, announced it acquired Upserve Inc, a leading restaurant management cloud-software company based in Rhode Island for approximately $430 million. The acquisition strengthens Lightspeed’s position as an industry leader with high-performing restaurateurs across the United States.
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