Flow Partners

As the biggest-ever platform shift in modern technology unfolds, together with Dealroom.co we looked at the broader AI space and the role of public tech giants in the applied AI revolution. ✨ This report provides an opportunity to see the world through the eyes of the Magnificent 7 🌵 - Alphabet Inc., Apple, Tesla, Meta, Microsoft, Amazon and NVIDIA. Download full report here - https://lnkd.in/diFCYAnm

The Microsoft-backed data security firm Rubrik went public last week with an enterprise value of $6.4B, joining the ranks of the largest publicly listed Cybersecurity firms 📈 While Rubrik is yet to become profitable, the company has $784 millon of subscription ARR with year-on-year growth of 47% 🔼 Exceptional growth means Rubrik is currently commands a premium valuation at 10.2x LTM revenue, above it's peers which are trading at 9.0x revenue 🔗 Benchmark valuation multiples for Rubrik and other Cybersecurity comparables at www.multiples.finance

Project management software provider Planisware goes public, making it one of the largest French tech IPOs in the last five years. 📈 Planisware is a highly efficient business that grew to $166M revenue and 33% EBITDA margin in 2023 with limited external funding. 🔼 Assuming IPO valuation of $1.3B, Planisware commands 7.8x revenue multiple - significantly above current public software comps. 🔗 Benchmark valuation multiples for Planisware and other project management, collaboration comparables at www.multiples.finance

We are formally launching our tech sector coverage in Latin America, an ever-evolving region we have previously been active in (e.g. advising GoTrendier on their series B), and see great opportunities going forward. Latin America has now a booming $526B ecosystem, and local startups scale at a rapid pace. Unicorn "mafias" (like Rappi) are creating new generations of founders, with world's leading investors allocating capital in rising stars of Latin American tech. In our launch report, together with Dealroom.co, we analyze the state of a private and public tech ecosystem in LatAm, supported by expert views from Latin America's leading founders and CEOs, including Gabriela Estrada (Vexi. Tarjeta de Crédito), Stefano Angeli (Reba), Mariela Rerdanoski (She/Her) (Ohana), Francisco Loehnert Tampier (Awto) and Andres Gutierrez (Tpaga). Download full report here -> https://lnkd.in/dfzg8Nvy #VamosLatAm #LatAmTech

We are thrilled to continue our Spotlights series by taking a deep dive into Awto, a car sharing leader transforming urban mobility across Latin America. In our interview with Francisco Loehnert, we discuss Awto origin and growth plans, economics of the car sharing sector, and how Chile emerged as a LatAm's new innovation ecosystem. Full interview here → https://lnkd.in/dPDSf3Nb

MAILINGWORK joins Positive Group and we were privileged to act as exclusive financial advisor to the company, supporting Jörg, Torsten and the rest of the MW team. This transaction marks our 7th completed deal in Germany and further underpins our commitment to the DACH region, having previously advised shareholders of e.g. MILES, sevDesk or TestSolutions GmbH. More details → https://lnkd.in/d7i53tNS

✨ Introducing Spotlights - we are kicking off 2024 with the new content series, interviewing emerging tech leaders who are shaping our digital future. Each Spotlight provides a unique lens into the vision, challenges, and triumphs that define every founder journey. In our inaugural piece, we're excited to chat with Gabriela Estrada, a co-founder and CEO of Vexi. Tarjeta de Crédito, a Mexico-based revolutionary consumer fintech platform helping Latin America's emerging middle class build credit. Read the full discussion here → https://lnkd.in/dkaFhta9

2023 has been a wild ride in tech. From the rise of gen AI to public valuation multiples recovery, here is a 13-chart wrap-up of the definitive totals and trends that shaped private and public tech markets this year. Access full report by Flow Partners and Dealroom.co below 📥

With 2023 drawing to the close, we are delighted to have advised Patrimonium Asset Management on the acquisition (together with COI Partners) of a Frankfurt-based leading software testing provider TestSolutions GmbH. Congratulations to Kai Stammnitz, Christian Knoop, Ulrich Mogwitz, Fabio Müller and everyone else involved! Read more here → https://lnkd.in/dSN7dfM3

With the last quarter of 2023 unfolding, we looked at trends that shaped this year's tech and VC ecosystems worldwide. From AI (r)evolution to "fire sale" M&A activity and early signs of recovery in Europe... read Flow Partners and Dealroom.co insights in the report below! 📥