Skaling Ventures || Vertical SaaS Tracker

Vertical SaaS Acquisitions

• 🔥 Betterworks acquires Rypple: Betterworks acquired AI-coaching platform Rypple in an HRTech tuck-in deal with...

Betterworks' tuck-in of Rypple shows micro-PE playbook for layering AI coaching onto vertical SaaS performance tools.

• Acquired July 9, 2026 (terms...

Lantronix is acquiring Vecima's industrial IoT business, including the Nero Global Tracking SaaS platform, to layer recurring revenue onto its edge...

Cloud KYC platforms reduce IT maintenance burdens and shift focus to risk decisions. Predictable subscription costs replace uneven hardware and...

Worklio founder Robert Österlund's new book delivers the first operator-focused guide to running and monetizing modern U.S. payroll, covering money...

Deal Flow & Transactions

• 🔥 MatrixCare Sale: ResMed agreed to sell its healthcare vertical SaaS business MatrixCare to Frazier Healthcare...

Industrial vertical SaaS shows dual momentum:

• Cloud WMS market growing at 22% CAGR to $4B in 2026, with SMBs adopting for real-time inventory, lower...

Median ARR multiples have collapsed from 7.0x to 3.8x, creating a clear buyer's market for micro-PE vertical SaaS acquirers. Top-quartile companies...

Locafy delivered 31% revenue growth (subscription revenue +36% to $3.0M AUD) while cutting operating expenses 13% and narrowing its net loss by $1.3M...

Healthcare vertical SaaS presents a classic double-edged sword for micro-PE buyers.

• Active deal flow: ResMed sold MatrixCare to Frazier Healthcare...

B2B software spend is hitting record growth at 15% to $1.4T, yet public valuations trade at a discount to the S&P 500 for the first time, with Monday,...

• Nemetschek closed its acquisition of HCSS on July 1, 2026, adding the infrastructure software leader ($215M revenue, 21% ARR growth, 40% EBITDA) to...

Vertical SaaS Acquisitions

• 🔥 CAI Software Acquires PlanetTogether: CAI Software announced the acquisition of PlanetTogether, a provider of...

• Enterprise scale draws mega-funds: Varonis fields interest from Blackstone, Thoma Bravo and Vista at a discounted 3.9x 2027 EV/revenue multiple amid...

Redo offers AI-driven returns, exchanges, warranties, and post-purchase tools for e-commerce brands.

• Scaled from 100 to 4,000 customers in 24...

Profitable vertical SaaS faces converging shifts that favor patient acquirers over VC or public paths.

• VC math is broken: For $3M-$50M profit...

Micro-PE Operator Transitions

• 🔥 PE Professional Buys Pool Business: A 28-year-old Wharton and NYU Stern MBA who left private equity bought a...

Acquisition-to-Platform Transitions

• 🔥 Kaseya Reinvention: One year after CEO Rania Succar took over, Kaseya is shifting focus from acquisitions...

Vertical SaaS Deal Flow

• 🔥 TA Associates Backs AIRS Medical: TA Associates made a growth investment in AIRS Medical and its SwiftMR AI for...

Two founder journeys highlight distinct routes to scale without VC:

• Christopher Burke executed a $13M deal that tripled Brickendon revenue...