Deal Announcements

Browse L40° deal announcements featuring completed transactions, founder-led exits, and insights from mid-market SaaS businesses.
Deal Announcements
September 8, 2025

L40° advises KrakenD on its acquisition by Shop Circle

L40° advised KrakenD, the API gateway provider, on its acquisition by Shop Circle, securing founder continuity and accelerated global growth.

L40º advises KrakenD on its acquisition by Shop Circle
L40º advises KrakenD on its acquisition by Shop Circle

L40° advises KrakenD on its acquisition by Shop Circle

L40° advised KrakenD, the API gateway provider, on its acquisition by Shop Circle, securing founder continuity and accelerated global growth.

L40° Advises FirstPromoter on Sale to SpringWater

L40° advised FirstPromoter on its sale to SpringWater, marking SpringWater’s first acquisition and founder Virgil Cioaca’s successful exit.

Explore our latest news & insights

AI wrappers
News & Trends
1/29/2026

The AI Wrappers Debate: How to Value Them?

The AI Wrappers Debate: How to Value Them?

Read L40°’s take on the AI wrapper debate and how investors and acquirers actually decide whether an AI product qualifies as SaaS.
Image to illustrate the article Webinar: Why valuation of intangible assets matters in tech M&A

Valuation of intangible assets

Webinar: Why valuation of intangible assets matters in tech M&A

Learn how to surface intangible assets in tech M&A. See how software, IP, and know-how drive valuation, fair value, and stronger exit outcomes.
Image to illustrate the article: SaaS revenue recognition in M&A: How to get it right

SaaS revenue recognition in M&A

SaaS revenue recognition in M&A: How to get it right

Learn how SaaS revenue recognition may impact diligence, deal terms and value, and how founders can reduce risk before selling.

Where You Can
Find Us

With offices in Miami, Lisbon and Madrid, L40° bridges global markets to deliver impactful results. Our expertise and international reach ensure every transaction is handled with the highest level of professionalism and care.

CONTACT US

Where You Can
Find Us

With offices in Miami, Lisbon and Madrid, L40° bridges global markets to deliver impactful results. Our expertise and international reach ensure every transaction is handled with the highest level of professionalism and care.

CONTACT US