SaaS Group

11 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Aug 29, 2024 by Tim Schumacher · said 27 times in 2 episodes since 2021 · across every show →

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brought up most by Nathan Latka (25), Tim Schumacher (2)

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Everything said about SaaS Group, oldest first

Aug 29, 2024 neutral
Disclosure
Schumacher: SaaS Group buys most companies at 2x to 4x ARR
“Eight on nine X is very rare. I think we did this one on a very small deal, which had strategic importance. And it was growing very fast, but usually, yeah, two to four is pretty accurate. There's some a little lower than that. There's some a little higher, bu…”
Tim Schumacher Aug 29, 2024 ▶ 17:04 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024
Disclosure
Schumacher: SaaS Group's first two acquisitions were 100% self-funded
“The initial two acquisitions were a hundred percent my own cash.”
Tim Schumacher Aug 29, 2024 ▶ 2:49 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024 positive
Disclosure
Schumacher: SaaS Group is an evergreen company modeled on Constellation Software
“We're not a fund. We're a company. Our big our big role model is Constellation Software in in Canada, public company. We're just a company like any other company in Evergreen.”
Tim Schumacher Aug 29, 2024 ▶ 5:40 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024 positive
Assertion Not checkable as stated
Schumacher: SaaS Group halved DashThis's ad budget while doubling output
“One of the first things were we slashed their Google paid accounts in half. So we basically slashed the budget in half, but we doubled the output. So essentially we forex the lead gen just on that Google, Google paid account.”
Tim Schumacher Aug 29, 2024 ▶ 12:35 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024 positive
Assertion Not checkable as stated
Schumacher: DashThis has a 2.5-month customer payback period
“Now it's two and a half months payback.”
Tim Schumacher Aug 29, 2024 ▶ 13:23 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024 positive
Assertion Not checkable as stated
Schumacher: Multiple SaaS Group acquisitions grew 4x to 5x in three years
“A bunch of them are really kind of, Growing four or five X since we've acquired them in the last three years or something.”
Tim Schumacher Aug 29, 2024 ▶ 18:50 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024 neutral
Disclosure
Schumacher: SaaS Group always acquires 100% of companies
“We don't, we always do a hundred percent. So we are not, that's the core difference. Like if you would get, go to a private equity company, they would take a significant minority or a majority. And then they would flip the company three years later after they'…”
Tim Schumacher Aug 29, 2024 ▶ 17:32 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024
Disclosure
SaaS Group raised its first $25M external equity round in 2024
“We did do an equity round earlier this year where we got a bunch of external funding. That was actually first, first external equity Round we did.”
Tim Schumacher Aug 29, 2024 ▶ 4:10 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024
Disclosure
Schumacher: SaaS Group funds deals from balance sheet, currently 100% debt
“We have tons of cash. We're just doing every deals, doing deals all hundred percent debt. So we're not, because we're not putting things into SPVs or special purpose vehicle. We're not a PE company. We're really just always, always investing from our own balan…”
Tim Schumacher Aug 29, 2024 ▶ 20:06 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024
Disclosure
Schumacher: SaaS Group strives for 20% to 30% profit margins
“We always strive for profit margins somewhere. 20 to 30%.”
Tim Schumacher Aug 29, 2024 ▶ 7:55 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
Aug 29, 2024
Assertion Supported
SaaS Group acquired Crosscall and Zenloop out of European bankruptcies
“Cross Talon out of French bankruptcy and Zen Lube out of German bankruptcy.”
Tim Schumacher Aug 29, 2024 ▶ 8:54 The Micro PE Playbook: They Bought 20 SaaS Companies, $60m ARR, 300 people
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