SAAS

Last week featured five announced SPAC deals. The week also had earnings from several well-known former SPACs. Here is a look back at the week that was SPACs for deals, rumors and headline news all covered on Benzinga’s “SPACs Attack.” Listen to this week's SPACs Attack....

Karooooo Ltd (NASDAQ: KARO) could sustain revenue growth of more than 18% through 2023, driven by share gains and product expansion in South Africa and telematics expansion in other key regions, according to BofA Securities. The Karooooo Analyst: Daniel Bartus initiated coverage of Karooooo with a...

Latch is an enterprise SaaS provider to buildings and residents with the aim of making spaces better places to live, work and visit. In early January the company reached an agreement to merge with the special purpose acquisition company TS Innovation Acquisitions Corp. (NASDAQ: TSIA)....

The IPO market is heating up this week with offerings from a low- cost airline, online food ordering platform, SaaS company and several small offerings. Here's a closer look at the large IPOs that are expected to price this week. Sun Country Airlines: The low-cost airline Sun Country...

Another space-related company is going public via a SPAC merger with Spire Global announcing a deal Monday morning. The SPAC Deal: Space-based data and analytics company Spire Global announced a SPAC merger with NavSight Holdings Inc (NYSE: NSH). The deal values Spire Global at a post-money equity...

ZoomInfo Technologies Inc’s (NASDAQ: ZI) multiple product and new customer levers could sustain 30%-plus growth going forward, according to Brent Bracelin of Piper Sandler. The ZoomInfo Analyst: Bracelin maintained an Overweight rating on the ZoomInfo stock and upped his price target to...

Enterprise SaaS platform Latch is going public in a SPAC deal that will accelerate growth. The SPAC Deal: Latch is going public through a SPAC merger with TS Innovation Acquisition Corp (NASDAQ: TSIA). The Tishman Speyer-sponsored SPAC has a long-term existing collaboration with Latch. A $190...

CCaaS LiveVox is going public with SPAC Crescent Acquisition Corp (NASDAQ: CRSA) in a deal valuing the company at $840 million. The SPAC Deal: Golden Gate Capital will own 59% of the company after the merger. Current Crescent Acquisition Corp shareholders will own 30% of the company after the...

Leading Microsoft Corporation (NASDAQ: MSFT) Cloud partner AvePoint is set to go public with a SPAC deal announced Monday. The SPAC Deal: AvePoint will go public via Apex Technology Acquisition Corporation (NASDAQ: APXT). The deal values the company at $2 billion. AvePoint co-founder and CEO Dr....

IAC/InterActive Corp (NASDAQ: IAC) shares are trading higher after reporting third-quarter earnings and announcing a possible spinoff of its Vimeo business. Q3 Earnings: Third-quarter revenue was up 12% year-over-year. The company reported revenue up 9% to $389.9 million for its ANGI...

Wall Street analysts released their recommendations Monday for Asana Inc (NYSE: ASAN), the cloud-based platform for team collaboration and work management that went public in late September. The Asana Analysts KeyBanc Capital Markets analyst Alex Kurtz initiated coverage of Asana with a Sector...

Morgan Stanley analysts turned bullish on Intuit Inc. (NASDAQ: INTU) and Docusign Inc (NASDAQ: DOCU) Monday, noting that both companies are trading at reasonable valuations given an impressive growth profile ahead. The Intuit, DocuSign Analysts: Keith Weiss upgraded Intuit from Equal-weight to...

Salesforce.com Inc (NYSE: CRM) – the cloud-based platform offering customer relationship management services, announced the "Salesforce Talent Alliance" on Wednesday. As a part of the initiative, Salesforce, along with its partners, plans to build a highly-skilled diverse workforce...