SaaS Interviews with CEOs, Startups, Founders
39 Year Old Public SaaS CEO Doubles Revenue to $400m Over the Last 24 Months - His Genius M&A Playbook
Jul 23, 2024
Savneet Singh, the 39-year-old CEO of PAR, shares insights on doubling revenue to $400M in 24 months. He discusses his M&A strategies, market valuation, tough decisions in leadership, and customer-centric growth in enterprise software. The podcast also delves into the importance of inorganic growth in the SaaS industry and strategies for successful acquisitions.
22:08
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Quick takeaways
- Strategic acquisitions drove growth through expanding product offerings to diverse markets.
- Market valuation disparity raises questions on company potential despite impressive revenue doubling.
Deep dives
Company History and Transformation
The podcast delves into the journey of a company that started as a defense contractor, focusing on IT services for the Department of Defense before transitioning to point of sale terminals for businesses like McDonald's. Over time, the company faced a decline due to being stuck as a hardware and services entity until a shift in 2018 towards cloud-based solutions revitalized its direction.
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