Every quarter the research desk publishes sector valuation and M&A activity reports: a written report and a slide deck for each, with disclosed multiples, the deals behind them, and a methodology that separates house estimates from third party figures. Undisclosed numbers stay blank. Nothing is invented. Windsor Drake Market Intelligence data is free to use with attribution to Windsor Drake (windsordrake.com).
Latest from the index.
Fintech M&A reaches $18.4 billion in disclosed value through mid-August as buyers pay for infrastructure, August 12, 2026.
Quarterly valuation and M&A reports.
Fintech.
- Fintech Valuations Q2 2026
- Fintech M&A Activity Q2 2026
- Cross-Border Payments and FX Valuations Q2 2026
- Treasury, AP and AR SaaS Valuations Q2 2026
- Wealthtech Valuations Q2 2026
- Digital Assets and Blockchain Infrastructure Valuations Q2 2026
Software and SaaS.
- SaaS Valuations Q2 2026
- SaaS M&A Activity Q2 2026
- Vertical SaaS Valuations Q2 2026
- HR and Workforce SaaS Valuations Q2 2026
- Logistics and Supply Chain SaaS Valuations Q2 2026
- Construction Tech SaaS Valuations Q2 2026
Cybersecurity.
- Cybersecurity Valuations Q2 2026
- Cybersecurity M&A Activity Q2 2026
- Cloud Security Valuations Q2 2026
- Endpoint Security EDR and XDR Valuations Q2 2026
- Identity and Access Management Valuations Q2 2026
- Network Security Valuations Q2 2026
Artificial intelligence.
- AI Valuations Q2 2026
- AI M&A Activity Q2 2026
- AI in Cybersecurity Valuations Q2 2026
- AI Infrastructure Valuations Q2 2026
- AI Workflow Automation Valuations Q2 2026
- MLOps Platforms Valuations Q2 2026
The full library, including prior quarters, is at all 55 quarterly reports.
Insight Reports.
Flagship sector briefings of 30 or more pages for founders weighing an exit: market structure, buyer behavior, valuation drivers, and process considerations. Delivered by email. Request an Insight Report.
Selected transaction research.
Deal dossiers on the transactions that set pricing in our sectors, with terms, multiples, and strategic rationale drawn from filings and primary sources.
- Block acquires Afterpay, $29B
- GTCR acquires Worldpay majority, $18.5B
- Visa acquires Pismo, $1.0B
- SoFi acquires Galileo, $1.2B
- Nasdaq acquires Verafin, $2.75B
- All tracked transactions
The benchmark.
Across tracked fintech M&A transactions with disclosed financials, the median enterprise value to revenue multiple is 11.0x (Windsor Drake Fintech Exit Index, n=19 disclosed-multiple transactions). The full benchmark, with sub-sector ranges, is at Fintech M&A Multiples.
Windsor Drake is a sell-side M&A advisory firm for founder-led software, fintech, and technology companies with enterprise values between $5 million and $300 million. If you are weighing an exit, this research is the evidence base we bring to every mandate. Request a confidential valuation.