During Q1 2026, 45% of sellers utilized SaaS business models and at least 22% were developing deep tech such as AI. Looking at deal sizes, disclosed M&A transaction values for the sector ranged from $10,000 to $2.7B, with the median disclosed M&A value coming in at $123M. The disclosed valuations based on revenue multiples reached 10.8 times for a customer communication software company we’ll talk about shortly.