Valuation Trading Multiples & Precedent Transactions: Cloud Communications Platform Providers
Valuation benchmarks for Cloud Communications Platform Providers. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Cloud Communications Platform Providers Market Context & Valuation Drivers
These public companies deliver cloud communications platforms that unify voice, video, and messaging through UCaaS suites and CPaaS APIs. Revenue models combine seat-based subscriptions with usage-based fees for minutes and messages, plus secure vertical networks. They are grouped as comparables because they monetize communication workloads, operate multi-tenant networks, and sell programmable and unified communications to enterprises and developers, providing consistent valuation benchmarks across growth, margins, and retention.
Typical capabilities include cloud PBX and call routing, team messaging and collaboration, video meetings and webinars, and contact center features. Developers access programmable voice and SMS/MMS APIs, number provisioning, and emergency calling. Vertical offerings span secure, HIPAA-compliant messaging, telemedicine dialers, IoT device messaging, and B2B/EDI networks for trade and logistics. These platforms emphasize reliability, compliance, global carrier connectivity, analytics, and integrations with enterprise software workflows.
Primary customers include enterprise IT and communications buyers, software product teams building embedded voice and messaging, and sector-specific users such as healthcare and logistics operations. Valuation benchmarks center on ARR and revenue growth, gross margins versus carrier costs, usage growth in minutes and message volumes, net revenue retention and churn, and unit economics like ARPU and payback, reflecting scale advantages of multi-tenant communications networks.
2. Valuation Analysis: Public Trading Comps & Multiples for Cloud Communications Platform Providers companies
2.1 - Public Peer Groups & Median Valuation Multiples for Cloud Communications Platform Providers sector
Comparable group 1: Cloud Communications Platform Providers
Descartes Systems Group
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of cloud-based logistics and supply chain management solutions for logistics-intensive businesses, enabling route optimization, shipment execution, transportation management, customs compliance, and e-commerce fulfilment.
- Key Products:
- Transportation Management: Suite that includes route optimization, shipment planning, and execution tools
- Customs Compliance: Tools for filing customs and security documents for global trade
- E-commerce Fulfilment: Cloud-based solutions for managing e-commerce shipments and fulfilment
- B2B Messaging and Connectivity: Platform for secure and efficient exchange of logistics data
- Mobile and Telematics: Solutions for tracking and monitoring delivery vehicles and resources.
Montnets
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of enterprise cloud communication services, offering comprehensive solutions including IoT communication platforms and mobile communication services to enhance connectivity and interaction within enterprises.
- Key Products:
- IoT Cloud Communication: Intelligent public cloud for IoT communication providing rich media services to connect devices
- Mobile Communication Services: Comprehensive mobile services for enhanced enterprise connectivity
- SMS Messaging: High-capacity messaging services for efficient communication
- VoIP Services: Voice over IP solutions for clear and cost-effective communication
- Video Conferencing: Advanced video solutions for seamless remote collaboration.