2min chapter

SaaS Interviews with CEOs, Startups, Founders cover image

The Math Behind the $360m Sage Paid to Acquire BrightPearl

SaaS Interviews with CEOs, Startups, Founders

CHAPTER

The Shrinking Business

In 20 19, you broke 12 million revenue. In 21, just gone, we got to 30 million, which was 63 % growth. Heare over year. That's being trajectory. It's fair to point out, though, as you saidwe bein bought by sage. Ah, but that deal closed an it was signed in december, closed in january. But just before that, i closed an acquisition of my own. I bought a company called inventory planner. Its a inventory planning a mage, very, very successful on shopfi to over two thousand customers and they were growing at 70%. So yam. The multiple that we paid for bright pearl back in, what

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