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sevDesk team (read case study how we advised on sevDesk's $50 million series B)

Software

Software

Application software and SaaS business model truly became poster children of the technology revolution.

No longer a niche digital solution, software went mainstream and ruled the world, becoming the holy grail of the digital economy. A unique business model combining high-growth and predictability, pursued by every startup, corporation and institutional investor.

Software is at the very heart of what we do at Flow, and our team has been advising software companies and investors long before our inception.

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Case Study: Advising MAILINGWORK on the Acquisition by Positive Group

We acted as an exclusive advisor to German email marketing specialist MAILINGWORK and its shareholders on the acquisition by French digital marketing leader Positive Group.

It is our 7th completed transaction in Germany following the sale of HAPPYCAR, sale of TestSolutions, and fundraisings for sevDesk, MILES, Sentryc and Legendary Play.

Read a full story See all case studies
Founders of Picus Security (read case study how we advised Picus Security shareholders)

Sector Coverage

01

Horizontal Software

  • AI & ML
  • BI & Analytics Software
  • Communication & Collaboration Software
  • Design & Engineering Software
  • ERP & Supply Chain Software
  • Financial Software
  • Governance, Risk & Compliance Software
  • Human Capital Management Software
02

Vertical Software

  • Automotive
  • Education
  • Energy & Climate
  • Financial Services
  • Healthcare IT
  • Legal & Professional Services
  • Real Estate & Hospitality
  • POS & Retail Management
  • Transport & Logistics
03

Services

  • Testing, Certification & Inspection
  • IT Services
  • Software Development

October 2023

Cybersecurity Sector Update

Latest cybersecurity trends, M&A activity, capital raising and public markets update


Download (PDF)   View all insights
Cybersecurity Sector Update

Hear It From Our Clients

Soren Iversen

Flow supported Ziik throughout our fundraising process, helped us build a strong operating model and a pitch deck that highlighted our unique value prop, all that with a thorough process management. Their expertise in B2B SaaS was evident, and introductions to many relevant SaaS investors were invaluable. Truly the team you want by your side during this hectic time!

Tudor Brad

Flow Partners were pivotal in preparing BetterQA for our M&A process. Their expertise in building a financial model and crafting a compelling pitch deck brought structure and so needed clarity to our business. Highly recommended for their strategic insight, deep understanding of the software testing, and a personalized approach! πŸ™Œ

VoerEir

Very happy with Flow Partners, as they really think big picture and help beyond financial modelling. Organized our finance modelling in an efficient way, and then run our fundraising process, making it easy for us. They opened lots of doors to VCs and strategic investors that we wouldn't have accessed otherwise. Great guys, I recommend them highly!

Gin Gidre

Flow supported us from day 1, throughout the whole process, taking us from a fundraise to M&A. They understood what made Rebellion valuable and found an ideal buyer for us. Their advice was critical in getting the sale to the finish line and navigating complex closing environment. They made such a complicated process feel manageable. These are the M&A people you want in your corner.

Adam Hajer

We've worked with Flow Partners team several times by now on M&A processes. Their sector understanding and industry connections are exceptional, especially for online dating and overall online marketplaces. We LOVE their modern approach and critical thinking. Highly recommended to any technology investor (or a company) that is looking for a trusted, honest M&A partner.

Roy Bernheim

We've worked with Flow Partners to build our financial model and improve reporting. Highly recommending these guys. Brought structure to our finances and helped us crystalize the vision. Also great experts across e-commerce and online marketplaces. Can't recommend them enough πŸ™

Franziska Leonhardt

Bringing on guys from Flow as our fractional CFO was a game-changer for A&Y. We had to clean up our reporting and build a financial model for the upcoming fundraise, and Nikhil & Olek delivered exactly what we needed. They became our trusted advisors who genuinely cared and later helped us during the fundraising process.

Dr. Boaz Barack

I want to thank my colleagues at Flow for the quality of their work over the years when we've worked together. They drove and contributed to strategic initiatives and ongoing projects at Bonart, took initiative and excelled in all engagements, in particular valuations. All that with a pleasant, outgoing and efficient vibe, which is a fresh wind in this business.

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Case Study: Commercial Due Diligence Results in a Successful Series B for Picus Security led by Turkven

Leading private equity firm Turkven came across Picus Security as an exciting growth investment opportunity ahead of their Series B. The company had demonstrated stellar KPIs in the breach and attack simulation space, a niche but fast-growing segment of cyber security.

Flow Partners performed a commercial due diligence to provide Turkven confidence in leading a $24 million round, despite the small current global market size for BAS solutions.

Read a full story See all case studies

Read Our Latest Insights

Relevant Track Record

We have advised the world's most innovative companies and their shareholders. Here are our results.

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CFO advisory

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Artificial provides a cloud-based algorithmic underwriting platform for insurers and brokers.

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buy-side advisory

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Boryszew is a Polish publicly listed manufacturer with focus on automotive, metals and chemicals.

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CFO advisory

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BetterQA is a software testing house that provides independent QA to development teams.

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CFO advisory

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Dataprana is a data center developer and operator focusing on crypto and AI projects.

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CFO advisory

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Radtonics provides private LTE & 5G networks solutions, including edge cloud compute.

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acquisition by

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MAILINGWORK is a German email marketing software platform.

Read more
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acquisition by

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TestSolutions is a German software testing provider.

Read more
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buy-side advisory

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Element is one of the world's leading providers of testing, inspection, and certification services.

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cfo advisory

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Marcura provides a portfolio of leading software and payments solutions to maritime industry.

Read more
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potential acquisition by

Testing, Inspection & Certification Player

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Resillion (formerly Eurofins Digital Testing) is a digital testing, cybersecurity, content and digital forensics provider.

Read more
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CFO advisory

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Voereir is an end-to-end cloud and DevOps solutions for telecom organizations.

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valuation advisory

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Onlogist is a Europe-wide online marketplace for efficient "last mile" vehicle transfer.

Read more
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investment by

Undisclosed Buyer

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Ziik is all-in-one internal communication and information sharing platform for better employee engagement.

Read more
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valuation advisory

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Hector is a display advertising platform providing software house with expertise in AI/ML, IoT.

Read more
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investment by

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Sentryc is an AI-driven software solution to protect intellectual property and brand reputation online.

Read more
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cfo advisory

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Ziik is all-in-one internal communication and information sharing platform for better employee engagement.

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investment by

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Picus Security is a Turkey-based cybersecurity platform focused on Breach-and-Attack Simulation vertical.

Read more
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investment by

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sevDesk is an accounting software platform for SMEs and freelancers in Germany and Austria.

Read more
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investment by

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Metaloop (formerly Schrott24) is an online marketplace for scrap metal trading.

Read more

European Satellite & Terrestrial Network Provider

potential investment by

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European Satellite & Terrestrial Network Provider

Key Family Partners (KFP) is a Geneva-based multi-family office.

Read more

Fiber To The Home (FTTH) Provider

potential investment by

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Fiber To The Home (FTTH) Provider

Key Family Partners (KFP) is a Geneva-based multi-family office.

Read more
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valuation advisory

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Panorays is a software platform for third-party security management.

Read more
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valuation advisory

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Percepto is an autonomous drone monitoring solutions for critical infrastructure and industrial sites.

Read more
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valuation advisory

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Seagull Maritime is a maritime cybersecurity and protective services company.

Read more
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valuation advisory

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Moburst is a global marketing services company that helps brands grow their mobile business.

Read more
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valuation advisory

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Testim is an AI-based software testing automation platform for application testing.

Read more
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valuation advisory

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Brew is a generative AI platform designed for marketing teams.

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European Digital Asset Management (DAM) Software Provider

acquisition by

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European Digital Asset Management (DAM) Software Provider

Byron Capital Partners manages multi-manager, private equity, real estate, fixed income and credit portfolio.

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See all of our track record

All Experience

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