Human Capital Management SaaS – March 2021

Strong M&A Deal Volume Despite A Choppy Market for Human Capital Management Software With An Expected Return To Normal in 2021

Capstone’s Human Capital Management (HCM) Software-as-a-Service (SaaS) Industry Update reports while some segments of HCM SaaS struggled amid COVID-19, areas such as Remote Workforce Management have experienced heightened demand. The shift to virtual work is expected to remain a key focus area for enterprises in the future. As the industry continues to recover, Capstone predicts multiples to rise and merger and acquisition (M&A) activity to remain strong through 2021.

Included in the Report:

• See why Stock prices in the segment rose in 2020
• How were M&A targets were valued after impacts from COVID-19
• We talk about M&A activity in Q4 2020 and how it relates to other quarters