by Robert Solomon | Mar 11, 2024 | B2B Software, Procure to Pay, Public Sector
KKR announced it would acquire MDF Commerce, which is publicly traded on the Toronto Exchange. I have previously written about the company here. About MDF Commerce You are forgiven if you are unfamiliar with the company. It’s headquartered in Quebec and is a...
by Robert Solomon | Aug 23, 2021 | B2B Software, Marketplaces, Procure to Pay, Property Management, Public Sector
ServiceChannel and Periscope Holdings were bought by public companies (Fortive and MDF Commerce respectively). As a result, we get a peek into the financials and valuations of two vertical B2B procurement SaaS vendors. (Full disclosure: I worked for ServiceChannel...
by Robert Solomon | Sep 14, 2020 | B2B Software, Marketplaces, Matchmaking, Public Sector
Mercell is a public company (listed in Oslo) and is the leader in the public e-tendering business in the Nordic region. Mercell proves that after all these years, it’s still possible to discover a publicly-traded procurement software company! (The company...
by Robert Solomon | Apr 6, 2020 | B2B Software, Public Sector |
In early 2019, I wrote about GTY Technology (GTYH). GTY was a blank check company that simultaneously acquired six SaaS companies in the public sector market. At the time, I expressed my enthusiasm for the public sector SaaS market, but my skepticism that GTY...
by Robert Solomon | Nov 6, 2019 | B2B Software, Procure to Pay, Public Sector, Valuation
Behavioral economics teaches us that improving our decision-making processes requires looking back at our prior decisions. Now is a good time to review the companies I blogged about in the first half of 2019 to check-in on their progress. Scout RFP In January, I...
by Robert Solomon | Oct 9, 2019 | B2B Software, Indirect Spend, Pricing, Public Sector
As taxpayers, we should want to know how well our dollars are spent. At the Federal level, most of these dollars are spent on social security, healthcare, and defense (see below). Articles about spending in these areas are easy to find, but the price of F-35s or my...
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