Acquiry data
Data
Private M&A valuation benchmarks for digital businesses: sector multiples, SDE and EBITDA ranges and the drivers that move them, built from disclosed transactions.
- Vertical SaaS4-12x rev15-40x EBITDAtrend up
- Horizontal SaaS3-9x rev12-30x EBITDAtrend flat
- Infrastructure / DevOps SaaS5-15x rev18-50x EBITDAtrend up
- SMB SaaS2.5-7x rev8-22x EBITDAtrend flat
- AI / ML SaaS6-20x rev20-60x EBITDAtrend up
- Payments / Processing3-10x rev12-35x EBITDAtrend up
- Lending / Credit Platform1.5-5x rev6-18x EBITDAtrend flat
- Wealthtech / Robo-Advisory2-7x rev8-25x EBITDAtrend flat
- Insurtech1.5-5x rev6-18x EBITDAtrend flat
- Crypto Exchange / Brokerage2-8x rev6-20x EBITDAtrend flat
- Mobile Gaming1.5-5x rev5-16x EBITDAtrend flat
- PC / Console Gaming2-7x rev8-22x EBITDAtrend flat
- iGaming / Online Gambling2.5-8x rev8-25x EBITDAtrend up
- Esports / Competitive Gaming1-4x rev4-14x EBITDAtrend down
- Gaming Infrastructure / Tools3-9x rev10-28x EBITDAtrend up
- Crypto Exchange (CEX)2-8x rev6-20x EBITDAtrend flat
- Web3 / DeFi Protocol3-12x rev8-35x EBITDAtrend flat
- NFT / Digital Collectibles Platform1-4x rev3-12x EBITDAtrend down
- Content / Newsletter1-3x rev3-8x EBITDAtrend flat
- Affiliate / Performance Marketing1.5-4x rev4-10x EBITDAtrend flat
- Digital Media / Publishing0.8-2.5x rev3-8x EBITDAtrend down
- Podcast / Audio1-3.5x rev4-12x EBITDAtrend flat
- YouTube / Creator Platform1.5-4x rev5-14x EBITDAtrend up
- B2B Marketplace2-6x rev8-20x EBITDAtrend up
- B2C Marketplace1.5-4.5x rev5-15x EBITDAtrend flat
- Freelance / Services Marketplace1.5-4x rev5-14x EBITDAtrend flat
Valuation benchmarks
- SaaSSaaS EBITDA multiplesPrivate-market EBITDA and ARR multiples by growth, retention and scale band.
- FintechFintech revenue multiplesRevenue multiples for payments, lending, infrastructure and regulated fintech.
- E-commerceE-commerce valuation benchmarksSDE and EBITDA ranges for DTC brands, marketplaces and Amazon-led sellers.
- Gaming & iGamingGaming and iGaming multiplesStudios, B2B suppliers, operators and affiliates, with the licence premium broken out.
- All sectorsSector multiples indexEvery sector benchmark in one place, with methodology and notes.
- LiveTech M&A deal roomLive charts on deal flow, deal sizes, sector mix and multiples. Free to cite.
Acquiry Digital Index
Public market multiples for listed software and fintech companies, used as a daily proxy for private market sentiment. Private deals typically price at a discount to these levels.
SaaS Index
10.0xup 0.1%
Median price to TTM revenue, 10 constituents: SNOW, SHOP, HUBS, CRM, NOW, DDOG, WDAY, TEAM, MDB, ZS. Close of 7 Oct 2026.
Fintech Index
2.3xup 0.4%
Median price to TTM revenue, 10 constituents: PYPL, XYZ, AFRM, SOFI, COIN, TOST, FOUR, GPN, FI, NU. Close of 7 Oct 2026.
Market data from Financial Modeling Prep, refreshed hourly. Revenue is trailing twelve months from company filings. Indicative only and not investment advice.