FE report: sale of SaaS, Amazon-fulfillment businesses led online M&A in 2020

By Benzinga2 days ago

NEW YORK, Feb. 23, 2021 /PRNewswire/ -- Software as a Service (SaaS) and e-commerce businesses that are fulfilled by Amazon (“FBA“) led the technology M&A market in 2020 and are expected to do so again in 2021, according to a new report by online M&A advisor FE International.

Last year, the global pandemic led to a dramatic increase in both the number of businesses operating online and in the number of consumers shopping online. Merchants looking to start up their e-commerce stores flooded platforms like Shopify, which allows anyone to set up an online store and sell their products.

The shift in buying trends cascaded to the technology M&A marketplace, where FE International saw Shopify app business deals increase by 25% in 2020.

Similarly, ...

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