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Wednesday, September 24, 2014

Bright Summer for Manufacturing – Best Performance in a Decade

This August was not the time to be away on vacation if you’re in manufacturing.  According to the Institute for Supply Management (ISM), new orders reached a level not seen since April 2004 and the pace of growth rose in August to its highest level since March 2011. The ISM said its index of national factory […]

Friday, June 27, 2014

Recurring revenue counts in industries far beyond software

The recurring revenue (“RR”) business model gets a lot of attention in software M&A and growth investment, and for good reason.  Most growing subscription/ software-as-a-service (SaaS)-based software companies trade in the public markets for north of 6x revenue and many of those fortunate few with annual revenue growth over 40% trade for over 10x revenue. […]