Cybersecurity Summer Report 2024

Lower Middle Market M&A Deals in 2024

Deal Size ($M)

EV/LTM Revenue

Deal Size ($M)

EV/LTM Revenue

Target

Buyer

Date

Target

Buyer

Date

28-May-24

93

2.2X

16-Jan-24

54

NA

31-Jan-24

93

NA

16-May-24

42

8.31x

SafeDog

01-Jan-24

80

NA

22-Feb-24

32

NA

Private Buyer

01-Feb-24

80

NA

14-Feb-24

20

NA

29-Feb-24

68

NA

Source: Pitchbook as of June 2024.

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