ãSaaSäŒæ¥ã®å£²åŽãæ€èšäžã ããã©ã®ããã«äŸ¡å€ãæå€§åã§ããã®ãïŒã
ãSaaSäŒæ¥ã®äºæ¥æ¿ç¶ãæ§ããŠããããã¹ã ãŒãºã«é²ããããã®ç§èš£ã¯äœãïŒã
ãã®èšäºãèªãã§ããæ¹ã¯ããã®ãããªçåãæã£ãŠãã人ãå€ãã®ã§ã¯ãªãã§ããããã
M&Aãäºæ¥æ¿ç¶ã¯ãã ã®ååŒä»¥äžã®ãã®ã§ãããæŠç¥çãªèšç»ãšç²Ÿå¯ãªå®è¡ãæ±ããããŸãã
ãã®èšäºã§ã¯ãM&Aå°éäŒæ¥ãM&A HACKãããSaaSäŒæ¥ã®M&Aãšäºæ¥æ¿ç¶ã«ããã売åŽçžå ŽãæåããäºäŸãåã³æåã«å°ãèŠå ããããããã解説ããŸããäºæ¥ãæ¬¡ã®æ®µéãžãšé²ããããšèããŠããæ¹ã¯ããã³åèã«ããŠãã ããã
ç®æ¬¡
- 1 SaaSãšã¯
- 2 SaaSæ¥çã®åžå Žååãšåžå ŽèŠæš¡
- 3 SaaSæ¥ã®ååãšä»åŸ
- 4 SaaSæ¥çã®M&Aã®åå
- 5 SaaSã®M&Aãããã¡ãªãã
- 6 SaaSã®M&Aã®æ³šæç¹
- 7 SaaSã«ãããM&Aãæåãããããã®ãã€ã³ã
- 8 SaaSæ¥ã®M&Aã«ãããæåäºäŸ
- 9 ãŸãšã
SaaSãšã¯

ãã®ã»ã¯ã·ã§ã³ã§ã¯ãSaaSã®å ·äœçãªå®çŸ©ããå§ããSaaSã®ã¢ãã«ã®åºæ¬ãå©çšå¢å ã®çç±ã«ã€ããŠè§£èª¬ããŠãããŸãã
SaaSæ¥çã®å®çŸ©
SaaSïŒSoftware as a ServiceïŒãšã¯ãã€ã³ã¿ãŒãããçµç±ã§ãœãããŠã§ã¢ãæäŸãããµãŒãã¹åœ¢æ ã®ããšãæããŸãã
åŸæ¥ã®ããã«ãœãããŠã§ã¢ãè³Œå ¥ããŠããœã³ã³ã«ã€ã³ã¹ããŒã«ãã代ããã«ãã¯ã©ãŠãäžã§ç®¡çããããœãããŠã§ã¢ãå©çšè ãå¿ èŠãªæã«å¿ èŠãªåã ãå©çšã§ããã®ãç¹åŸŽã§ãã
SaaSã¯ã¯ã©ãŠãã³ã³ãã¥ãŒãã£ã³ã°ã®äžåœ¢æ ã§ãããäŒæ¥ãå人ããœãããŠã§ã¢ãå°å ¥ã»éçšããéã®ã³ã¹ããšæéãå€§å¹ ã«åæžã§ãã驿°çãªãµãŒãã¹ãšããŠæ³šç®ãéããŠããŸãã
SaaSã¢ãã«ã®åºæ¬
SaaSã¢ãã«ã®åºæ¬ã¯ããœãããŠã§ã¢ã®æ©èœãã€ã³ã¿ãŒãããçµç±ã§æäŸããå©çšè ã¯Webãã©ãŠã¶ãªã©ãéããŠãµãŒãã¹ã«ã¢ã¯ã»ã¹ããããšã§ãã
ãµãŒãã¹æäŸè åŽã§ã¯ããœãããŠã§ã¢ã®éçºã»ä¿å®ã»ç®¡çãäžæ¬ããŠè¡ããã»ãã¥ãªãã£å¯ŸçãããŒãžã§ã³ã¢ãããªã©ãèªåçã«å®æœããŸãã
å©çšè ã¯åæå°å ¥ã³ã¹ããæããããã ãã§ãªããåžžã«ææ°ã®æ©èœãå©çšã§ããã¡ãªããããããŸãã
ãŸãããœãããŠã§ã¢ã®ã«ã¹ã¿ãã€ãºãæ¡åŒµãæè»ã«è¡ãããããããžãã¹ã®å€åã«åãããŠæé©ãªç°å¢ãæ§ç¯ããããšãå¯èœã§ãã
SaaSã®å©çšãå¢ããçç±
è¿å¹ŽãSaaSã®å©çšãæ¥éã«å¢ããŠããçç±ã¯ä»¥äžã®3ç¹ãæããããŸãã
- ã³ã¹ãåæžå¹æïŒSaaSã¯åæå°å ¥ã³ã¹ããäœããããŒããŠã§ã¢ããœãããŠã§ã¢ã®ç®¡çã³ã¹ããå€§å¹ ã«åæžã§ããŸãããŸããåŸé課éå¶ãæ¡çšããŠãããµãŒãã¹ãå€ããããå©çšããåã ãã®è²»çšã§æžãã®ãã¡ãªããã§ãã
- å©äŸ¿æ§ã®é«ãïŒã€ã³ã¿ãŒãããç°å¢ããããã°ããã€ã§ãã©ãã§ããµãŒãã¹ãå©çšã§ããã®ãSaaSã®å€§ããªå©ç¹ã§ãããªãã£ã¹å€ã§ã®äœæ¥ããªã¢ãŒãã¯ãŒã¯ãå¢ããäžãå Žæãåããã«æ¥åãéè¡ã§ããç°å¢ãæ±ããããŠããŸãã
- é«ãã»ãã¥ãªãã£ïŒSaaSã§ã¯ããµãŒãã¹æäŸè åŽãã»ãã¥ãªãã£å¯Ÿçãè¡ããããåã ã®äŒæ¥ã察çãè¬ããå¿ èŠããããŸãããææ°ã®ã»ãã¥ãªãã£æè¡ãå°å ¥ããå°éã¹ã¿ããã24æé365æ¥äœå¶ã§ç£èŠã»éçšããŠãããããé«ãã»ãã¥ãªãã£ç°å¢ã確ä¿ãããŸãã
以äžã®ãããªçç±ãããSaaSã¯å€ãã®äŒæ¥ã«ãšã£ãŠé åçãªãµãŒãã¹ãšãªã£ãŠãããä»åŸããããªãå©çšæ¡å€§ãèŠèŸŒãŸããŠããŸãã
SaaSæ¥çã®åžå Žååãšåžå ŽèŠæš¡

ç·åçã第2éšãæ å ±éä¿¡åéã®çŸç¶ãšèª²é¡ããã
M&Aã«ãããŠæ¥çã®çŸç¶ãšãããããçè§£ããŠããããšã¯éåžžã«éèŠã§ããããã§ãããã§ã¯ãSaaSã®ååãšä»åŸã«ã€ããŠè§£èª¬ããŠãããŸãããã²åèã«ããŠãã ããã
SaaSæ¥çãæã€èª²é¡
SaaSæ¥çã¯é«ãæé·ãéããŠããäžæ¹ã§ãããã€ãã®èª²é¡ãæ±ããŠããŸãã
èª²é¡ | å 容 |
ã«ã¹ã¿ãã€ãºã®éç | ãããããçšæãããæ©èœãå©çšãããããåã ã®äŒæ¥ã®ããŒãºã«å®å šã«å¯Ÿå¿ããããšãé£ããå Žåããããç¹æ®ãªæ¥åããã»ã¹ãæã€äŒæ¥ã«ãšã£ãŠã¯ãSaaSã®å°å ¥ãå¶éãããå¯èœæ§ãããã |
ããŒã¿ã®æææš©ãšç§»è¡ | ããŒã¿ãã¯ã©ãŠãäžã«ä¿åããããããããŒã¿ã®æææš©ãç®¡çæ¹æ³ãææ§ã«ãªããã¡ããµãŒãã¹æäŸè ãäºæ¥ãçµäºããå ŽåããµãŒãã¹ã倿Žããéã«ã¯ãããŒã¿ã®ç§»è¡ãå°é£ã«ãªãæããããã |
ã€ã³ã¿ãŒãããäŸå床ã®é«ã | ã€ã³ã¿ãŒãããçµç±ã§ãµãŒãã¹ãæäŸããããããããã¯ãŒã¯ã®å®å®æ§ãéèŠã«ãªããéä¿¡é害ãçºçããå Žåãæ¥åã忢ããŠããŸããªã¹ã¯ãããã |
ã»ãã¥ãªãã£ãšãã©ã€ãã·ãŒã®ç¢ºä¿ | æ©å¯æ å ±ãå«ã倧éã®ããŒã¿ãã¯ã©ãŠãäžã§ç®¡çãããããµãŒãã¹æäŸè åŽã®ã»ãã¥ãªãã£å¯Ÿçãäžååãªå Žåãæ å ±æŒæŽ©ãäžæ£ã¢ã¯ã»ã¹ã®ãªã¹ã¯ãé«ãŸãã |
ãããã®èª²é¡ã«å¯Ÿå¿ããã«ã¯ããµãŒãã¹æäŸè ãšå©çšè åæ¹ã®çè§£ãšååãäžå¯æ¬ ã§ãã
é©åãªSLAïŒãµãŒãã¹å質ä¿èšŒïŒã®ç· çµãããŒã¿ç®¡çæ¹éã®æç¢ºåãªã©ã課é¡è§£æ±ºã«åããåãçµã¿ãæ±ããããŸãã
SaaSæ¥çã®å¥å šãªçºå±ã®ããã«ã¯ããããã®èª²é¡ã«çæ¯ã«åãåããå©çšè ã®ä¿¡é ŒãåŸãããšãéèŠã§ãã
SaaSæ¥çã®åžå ŽèŠæš¡ãšæé·äºæž¬
ç·åçã®æ å ±ã«ãããšãSaaSåžå Žãå«ãäžçã®ãããªãã¯ã¯ã©ãŠããµãŒãã¹åžå Žã¯ã2021幎ã«45å 621ååã«éããå幎æ¯28.6ïŒ ã®é«æé·ãèšé²ããŸãããç¹ã«PaaSã¯ããµãŒãã¹ãããã€ãã«ããå©äŸ¿æ§åäžã®åãçµã¿ãšãŠãŒã¶ãŒã®ç¶ç¶çãªå©çšåŸåãèæ¯ã«ãä»åŸãé«ãæé·ãèŠèŸŒãŸããŠããŸãã
åžå Žã·ã§ã¢ã«ã€ããŠã¯ãMicrosoftãAmazonãIBMãSalesforceãGoogleãšãã£ãç±³åœã®å€§æ5瀟ãå šäœã®çŽåæ°ãå ãã寡å ç¶æ ã«ãããŸãããã®ç¶æ³ã¯ãSaaSæ¥çã«ãããŠãåæ§ã®åŸåãèŠãããŸãã
äžæ¹ãæ¥æ¬åœå ã®ãããªãã¯ã¯ã©ãŠããµãŒãã¹åžå Žã¯ãæ°åã³ãããŠã€ã«ã¹ææçã®åœ±é¿ãåãããªã³ãã¬ãã¹ç°å¢ããã¯ã©ãŠããžã®ç§»è¡ãé²ãã ããšãªã©ã«ããã2022幎ã«ã¯2å 1,594ååïŒå幎æ¯29.8ïŒ å¢ïŒã«éããèŠéãã§ãã
æ¥æ¬ã®PaaSåžå ŽãšIaaSåžå Žã§ã¯ãAWSïŒAmazonïŒãAzureïŒMicrosoftïŒãGCPïŒGoogleïŒãšãã£ã倧æã¯ã©ãŠããµãŒãã¹ã®å©çšçãé«ããç¹ã«AWSã¯PaaSïŒIaaSå©çšäŒæ¥ã®åæ°ä»¥äžãå ãã1幎åãšæ¯ã¹ãŠ10ãã€ã³ã以äžã®ã·ã§ã¢æ¡å€§ãèŠããŠããŸãã
ãããã®ããŒã¿ãããSaaSæ¥çãå«ãã¯ã©ãŠããµãŒãã¹åžå Žã¯ãäžççã«é«æé·ãç¶æããŠããã倧æäŒæ¥ã«ãã寡å åãé²ãã§ããããšãããããŸããæ¥æ¬åœå ã§ãããããªãã¯ã¯ã©ãŠããµãŒãã¹ã®å©çšãæ¡å€§ããŠãããSaaSæ¥çã®æé·ãåŸæŒãããŠããŸãã
ä»åŸããã¯ã©ãŠããµãŒãã¹ã®å©äŸ¿æ§åäžãšäŒæ¥ã®ããžã¿ã«ãã©ã³ã¹ãã©ãŒã¡ãŒã·ã§ã³ïŒDXïŒã®å éã«ãããSaaSåžå Žã®æŽãªãæ¡å€§ãæåŸ ãããŸãã
äž»èŠãªSaaSäŒæ¥ãšãã®åœ±é¿
äž»èŠãªSaaSäŒæ¥ãšãã®åœ±é¿ã¯ä»¥äžã®éãã§ãã
äŒæ¥å | SaaSæ¥çã§ã®ç¹åŸŽ | äž»èŠãªSaaSãµãŒãã¹ | åžå Žãžã®åœ±é¿ |
Salesforce | äžçæå€§ã®SaaSãã³ããŒã»CRMåéã§é«ãã·ã§ã¢ | CRM | ä»ã®SaaSäŒæ¥ãšã®ç©æ¥µçãªé£æºãéãããšã³ã·ã¹ãã ã®æ¡å€§Â |
Microsoft | ããžãã¹åãã¢ããªã±ãŒã·ã§ã³åžå Žã§ååšæ | Office 365ã»Dynamics 365 | ã¯ã©ãŠããã©ãããã©ãŒã Azureãšã®é£æºåŒ·åã«ããSaaSãšPaaSã®èå |
Adobe | ãã¶ã€ã³ç³»ããŒã«ã§SaaSåãæšé²ã»ããžã¿ã«ããŒã±ãã£ã³ã°åéã§ãSaaSãæäŸ | Creative Cloudã»MarketoïŒããŒã±ãã£ã³ã°ãªãŒãã¡ãŒã·ã§ã³ïŒã»MagentoïŒECãã©ãããã©ãŒã ïŒ | ãã¶ã€ã³ç³»ããŒã«ãšããžã¿ã«ããŒã±ãã£ã³ã°åéã§ã®SaaSåã®æšé² |
SAP | åºå¹¹æ¥åã·ã¹ãã ã®SaaSåãé²ããã»å€§äŒæ¥åãã®ERPåžå Žã§é«ãã·ã§ã¢ | ERPïŒçµ±ååºå¹¹æ¥åã·ã¹ãã ïŒ | å€§äŒæ¥åãã®ERPã·ã¹ãã ã®SaaSåã®æšé² |
ãããã®äž»èŠäŒæ¥ã®ååã¯ãè£œåæŠç¥ãäŸ¡æ Œèšå®ãä»ç€Ÿã®åå ¥éå£ãšãªãäžæ¹ã§ãããŒãããŒã·ãããè²·åãéããŠæ°ããªåžå Žãåµåºãããªã©ãSaaSæ¥çå šäœã«å€§ããªåœ±é¿ãäžããŠããŸãã
æ°èåžå Žã«ãããSaaSã®å±é
SaaSã¯å é²åœãäžå¿ã«æ®åãé²ãã§ããŸããããè¿å¹Žã¯æ°èåœã§ãSaaSã®å°å ¥ãå éããŠããŸããç¹ã«ãäžåœãã€ã³ããæ±åã¢ãžã¢è«žåœã§ã¯ãçµæžæé·ã«äŒŽãITéèŠã®é«ãŸããèæ¯ã«ãSaaSåžå Žãæ¥éã«æ¡å€§ããŠããŸãã
äžåœã§ã¯ãAlibaba CloudãTencent Cloudãªã©ã®å€§æã¯ã©ãŠãäºæ¥è ãSaaSã®æäŸã匷åããŠãããçŸå°äŒæ¥åãã®ãµãŒãã¹ãå¢å ããŠããŸãããŸããäžåœæ¿åºãã¯ã©ãŠãã³ã³ãã¥ãŒãã£ã³ã°ãéç¹ç£æ¥ãšäœçœ®ã¥ããSaaSã®æ®åãåŸæŒãããŠããŸãã
ã€ã³ãã§ã¯ãIT人æã®è±å¯ããçãããŠãèªåœçºã®SaaSäŒæ¥ãæ°å€ãèªçããŠããŸããZohoãFreshworksãDruvaãªã©ã®ãã³ãã£ãŒäŒæ¥ã¯ãã°ããŒãã«åžå Žã§ãååšæãé«ãã€ã€ãããŸãã
æ±åã¢ãžã¢ã§ã¯ãã·ã³ã¬ããŒã«ãäžå¿ã«SaaSäŒæ¥ã®æŽ»åãæŽ»çºåããŠããŸããæ¿åºäž»å°ã®ããžã¿ã«åæœçããã¹ã¿ãŒãã¢ããæ¯æŽçã®åŸæŒããåããŠãSaaSåžå Žã¯ä»åŸã髿é·ãèŠèŸŒãŸããŸãã
ãã ããæ°èåœã«ãããSaaSã®æ®åã«ã¯ãã€ã³ãã©ã®æŽåãããžã¿ã«ãªãã©ã·ãŒã®åäžãªã©ã解決ãã¹ã課é¡ãæ®ãããŠããŸããååœã®äºæ ã«åãããããŒã«ã©ã€ãºããçŸå°ããŒãããŒãšã®é£æºãæåã®éµãæ¡ããšèšããã§ãããã
ã³ããåŸã®SaaSæ¥çã®å€å
æ°åã³ãããŠã€ã«ã¹ææçã®äžççæµè¡ã¯ãSaaSæ¥çã«ã倧ããªåœ±é¿ãäžããŸããããªãã£ã¹ã®ééãåšå® å€åã®æ¡å€§ã«äŒŽããã¯ã©ãŠããæŽ»çšãããªã¢ãŒãã¯ãŒã¯ã®ããã®ããŒã«ãèå ãæµŽã³ãŸããã
ãããªäŒè°ãå ±åç·šéããããžã§ã¯ã管çãªã©ãã³ãã¥ãã±ãŒã·ã§ã³ãšã³ã©ãã¬ãŒã·ã§ã³ãæ¯æŽããSaaSã®éèŠãæ¥å¢ããŸãããZoomãMicrosoft TeamsãSlackãAsanaãªã©ã®ãµãŒãã¹ã¯ããŠãŒã¶ãŒæ°ãå€§å¹ ã«äŒžã°ããŠããŸãã
ãŸããé察é¢ã§ã®å¶æ¥æŽ»åã顧客ãµããŒãã®ããŒãºã®é«ãŸããããCRMãã«ã¹ã¿ããŒãµããŒãç³»ã®SaaSãæ³šç®ãéããŸãããSalesforceãHubSpotãZendeskãIntercomãªã©ã®ãµãŒãã¹ã¯ãã³ããçŠã§ãå èª¿ãªæé·ãç¶æããŠããŸãã
äžæ¹ã§ãæ¥çš®ã«ãã£ãŠã¯SaaSã®å°å ¥ãåæ»ããã±ãŒã¹ãèŠãããŸãããç¹ã«ãèªç©ºã»æ è¡æ¥çãã€ãã³ãé¢é£æ¥çã§ã¯ãäºæ¥æŽ»åã®çž®å°ã«äŒŽããITæè³ãæå¶ãããåŸåã«ãããŸãã
ã³ããåŸã®SaaSæ¥çã¯ããã¥ãŒããŒãã«ã«å¯Ÿå¿ãããµãŒãã¹ã®éçºããæ¥çš®ç¹ååã®ãœãªã¥ãŒã·ã§ã³ã®æäŸãªã©ãæ±ãããããšäºæ³ãããŸãã
ãŸãããªã¢ãŒãã¯ãŒã¯ã®å®çåã«äŒŽããã»ãã¥ãªãã£ãããŒã¿ä¿è·ã®éèŠæ§ãããã«é«ãŸãã§ããããSaaSãã³ããŒã«ã¯ããããã®èª²é¡ã«é©åã«å¯ŸåŠãããŠãŒã¶ãŒã®ä¿¡é ŒãåŸãããšãæåŸ ãããŠããŸãã
SaaSæ¥ã®ååãšä»åŸ

SaaSæ¥çã«ãããM&Aã®ååã«ã€ããŠè§£èª¬ããŸããããããSaaSäŒæ¥ã®M&Aãæ€èšããŠãã人ã¯ããã²æ å ±ã®äžéšãšããŠåèã«ããŠãã ããã
ãªã¢ãŒãã¯ãŒã¯ã«ããSaaSã®éèŠå¢å
ã³ããçŠã奿©ãšãããªã¢ãŒãã¯ãŒã¯ã®æ¥éãªæ®åã¯ãSaaSæ¥çã«å€§ããªå€åããããããŸããã
åšå® å€åã®æ¡å€§ã«äŒŽããã¯ã©ãŠãããŒã¹ã®ã³ã©ãã¬ãŒã·ã§ã³ããŒã«ããããªäŒè°ã·ã¹ãã ããããžã§ã¯ã管çãœãããªã©ã®SaaSã®éèŠãççºçã«å¢å ããŠããŸããå Žæãæéã«çžãããªãæè»ãªåãæ¹ãå®çŸããããã«ãäŒæ¥ã¯SaaSãç©æ¥µçã«å°å ¥ããããã«ãªããŸããã
ãªã¢ãŒãã¯ãŒã¯ã®å®çã¯ãSaaSåžå Žã®æ¡å€§ãå éãããèŠå ãšãªã£ãŠããŸããåŸæ¥ã®ãªãã£ã¹ã¯ãŒã¯ãåæãšããITç°å¢ã§ã¯ãSaaSã®å°å ¥ã«æ éãªäŒæ¥ãå€ããããŸãããããã¥ãŒããŒãã«ã«é©å¿ããããã«ã¯ãã¯ã©ãŠããã¡ãŒã¹ãã®èãæ¹ãäžå¯æ¬ ã§ãã
SaaSã¯ããªã¢ãŒãã¯ãŒã¯ã«å¿ èŠãªããŒã«ãè¿ éãã€äœã³ã¹ãã§æäŸã§ãããããä»åŸããããªãéèŠæ¡å€§ãèŠèŸŒãŸããŸãã
ã»ãã¥ãªãã£ãšãã©ã€ãã·ãŒã®èª²é¡
SaaSã®æ®åã«äŒŽããã»ãã¥ãªãã£ãšãã©ã€ãã·ãŒã®åé¡ãã¯ããŒãºã¢ãããããŠããŸããSaaSã§ã¯ãæ©å¯æ å ±ãå«ã倧éã®ããŒã¿ãã¯ã©ãŠãäžã§ç®¡çããããããããŒã¿æŒæŽ©ãäžæ£ã¢ã¯ã»ã¹ã®ãªã¹ã¯ãæžå¿µãããŸãã
ç¹ã«ããªã¢ãŒãã¯ãŒã¯ã®æ¡å€§ã«ãã£ãŠã瀟å€ããã®ã¢ã¯ã»ã¹ãå¢å ããã»ãã¥ãªãã£å¯Ÿçã®éèŠæ§ãããã«é«ãŸã£ãŠããŸãã
SaaSãã³ããŒã«ã¯ãé«åºŠãªã»ãã¥ãªãã£æè¡ã®å°å ¥ãšéçšäœå¶ã®æŽåãæ±ããããŸããæå·åãå€èŠçŽ èªèšŒãã¢ã¯ã»ã¹å¶åŸ¡ãªã©ã®å¯Ÿçãè¬ãããšãšãã«ã宿çãªã»ãã¥ãªãã£ç£æ»ãã€ã³ã·ãã³ã察å¿èšç·Žã宿œããããšãéèŠã§ãã
ãŸãããŠãŒã¶ãŒäŒæ¥åŽã§ããSaaSã®å©çšã«é¢ããã»ãã¥ãªãã£ããªã·ãŒã®çå®ããŠãŒã¶ãŒæè²ã®åŸ¹åºãå¿ èŠäžå¯æ¬ ã§ãã
ãã©ã€ãã·ãŒä¿è·ã®èгç¹ããã¯ãGDPRïŒEUäžè¬ããŒã¿ä¿è·èŠåïŒãCCPAïŒã«ãªãã©ã«ãã¢å·æ¶è²»è ãã©ã€ãã·ãŒæ³ïŒãªã©ã®æ³èŠå¶ãžã®å¯Ÿå¿ãæ¬ ãããŸããã
SaaSãã³ããŒã¯ãå人æ å ±ã®åéã»å©çšã»ç®¡çã«ã€ããŠãéææ§ã確ä¿ãããŠãŒã¶ãŒã®åæãåŸããªã©ãé©åãªå¯Ÿå¿ãåãããšãæ±ããããŸãã
AIãšæ©æ¢°åŠç¿ã®çµ±å
AIãšæ©æ¢°åŠç¿ã®æè¡é²æ©ã¯ãSaaSæ¥çã«ã€ãããŒã·ã§ã³ãããããã€ã€ãããŸããSaaSã«AIãçµã¿èŸŒãããšã§ãæ¥åã®èªååãå¹çåãé«åºŠãªåææ©èœã®æäŸãªã©ãå¯èœã«ãªããŸãã
äŸãã°ãå¶æ¥æ¯æŽããŒã«ã«AIãæŽ»çšããããšã§ããªãŒãã®åªå é äœä»ããå¶æ¥ã¢ãããŒãã®æé©åãè¡ãããšãã§ããŸãããŸããã«ã¹ã¿ããŒãµããŒãã·ã¹ãã ã«ãã£ãããããããã¬ããžç®¡çæ©èœãçµã¿èŸŒãããšã§ãåãåãã察å¿ã®å¹çåãšå質åäžãæåŸ ã§ããŸãã
æ©æ¢°åŠç¿ãçšããäºæž¬åæã¯ãSaaSã®é«ä»å 䟡å€åã«è²¢ç®ããŸããèç©ãããããã°ããŒã¿ãè§£æããããšã§ãå°æ¥ã®éèŠäºæž¬ããªã¹ã¯è©äŸ¡ãç°åžžæ€ç¥ãªã©ãå¯èœã«ãªããŸããããããäºæž¬æ å ±ãæææ±ºå®ã«æŽ»çšããããšã§ããŠãŒã¶ãŒäŒæ¥ã¯ç«¶äºåã®åŒ·åã«ã€ãªããããšãã§ããã§ãããã
SaaSãã³ããŒã«ã¯ãAIãæ©æ¢°åŠç¿ãèªç€ŸãµãŒãã¹ã«åãå ¥ããããã®æè¡åãšç¥èŠãæ±ããããŸããåã«ã¢ã«ãŽãªãºã ãå®è£ ããã ãã§ãªãããŠãŒã¶ãŒã®ããŒãºã«åãããæ©èœèšèšãã説æå¯èœæ§ã®ç¢ºä¿ãå«ççãªé æ ®ãªã©ãéèŠã«ãªããŸãã
AIãæŽ»çšããSaaSã¯ãä»åŸãŸããŸãå¢å ãããšäºæ³ãããå·®å¥åèŠå ãšããŠã泚ç®ãããŠããŸãã
ã¯ã©ãŠããã€ãã£ãæè¡ã®é²å
ã¯ã©ãŠããã€ãã£ãæè¡ã®é²åã¯ãSaaSæ¥çã®çºå±ãæ¯ããåºç€ãšãªã£ãŠããŸããã¯ã©ãŠããã€ãã£ããšã¯ãã¯ã©ãŠãç°å¢ã«æé©åãããèšèšææ³ãéçºææ³ã®ããšãæããŸãããã€ã¯ããµãŒãã¹ã¢ãŒããã¯ãã£ãã³ã³ããæè¡ããµãŒããŒã¬ã¹ã³ã³ãã¥ãŒãã£ã³ã°ãªã©ããã®ä»£è¡šäŸã§ãã
ãã€ã¯ããµãŒãã¹ã¢ãŒããã¯ãã£ã¯ãã¢ããªã±ãŒã·ã§ã³ãå°ããªç¬ç«ãããµãŒãã¹ã«åå²ããèšèšææ³ã§ããåãµãŒãã¹ã¯ç¬èªã®ã©ã€ããµã€ã¯ã«ãæã¡ãççµåã«é£æºããããšã§ãæè»æ§ãšæ¡åŒµæ§ã«åªããã·ã¹ãã ãæ§ç¯ã§ããŸãã
SaaSãã³ããŒã¯ããã€ã¯ããµãŒãã¹åã«ãã£ãŠãæ©èœã®è¿œå ã倿Žãè¿ éã«è¡ãããšãã§ããåžå Žã®å€åã«å¯Ÿå¿ãããããªããŸãã
ã³ã³ããæè¡ã¯ãã¢ããªã±ãŒã·ã§ã³ãšãã®å®è¡ç°å¢ãããã±ãŒãžåããä»®æ³åæè¡ã§ããDockerã«ä»£è¡šãããã³ã³ããæè¡ãçšããããšã§ãéçºã»ãã¹ãã»éçšã®äžè²«æ§ã確ä¿ããè¿ éãªãããã€ã¡ã³ããå®çŸã§ããŸãã
ãŸãããªãŒã±ã¹ãã¬ãŒã·ã§ã³ããŒã«ã®Kubernetesãšçµã¿åãããããšã§ãå€§èŠæš¡ãªSaaSã·ã¹ãã ã®éçšãå¹çåã§ããŸãã
ãµãŒããŒã¬ã¹ã³ã³ãã¥ãŒãã£ã³ã°ã¯ããµãŒããŒç®¡çã®è² æ ãå€§å¹ ã«è»œæžããæè¡ã§ããã¢ããªã±ãŒã·ã§ã³ããžãã¯ãã¯ã©ãŠãäžã®é¢æ°ãšããŠå®è¡ããã€ãã³ãé§ååã®åŠçãè¡ãããšã§ãã¹ã±ãŒã©ããªãã£ãšå¯çšæ§ãé«ããããšãã§ããŸãã
SaaSãã³ããŒã¯ããµãŒããŒã¬ã¹ã掻çšããããšã§ãã€ã³ãã©éçšã®ã³ã¹ããåæžããéçºãªãœãŒã¹ãã¢ããªã±ãŒã·ã§ã³æ©èœã®å å®ã«éäžãããããšãå¯èœã§ãã
ã¯ã©ãŠããã€ãã£ãæè¡ã¯ãSaaSã®éçºã»éçšãå¹çåããæ°ããªäŸ¡å€åµé ãå éãããåãæã£ãŠããŸããSaaSãã³ããŒã«ã¯ããããã®æè¡ååãçç¢ºã«æããèªç€ŸãµãŒãã¹ã«åãå ¥ããŠããããšãæ±ããããŸããã¯ã©ãŠããã€ãã£ããåºç€ãšããSaaSã¯ãä»åŸãŸããŸãå¢å ããŠãããšäºæ³ãããŸãã
SaaSæ¥çã®M&Aã®åå
SaaSæ¥çã«ãããM&Aã®ååã«ã€ããŠè§£èª¬ããŸããããããSaaSäŒæ¥ã®M&Aãæ€èšããŠãã人ã¯ããã²æ å ±ã®äžéšãšããŠåèã«ããŠãã ããã
SaaSæ¥çã®M&Aã®ãã¬ã³ã
SaaSæ¥çã§ã¯ãM&AïŒå䜵ã»è²·åïŒã掻çºã«è¡ãããŠããŸãã倧æãã³ããŒã«ããææãªã¹ã¿ãŒãã¢ããã®è²·åããç«¶åä»ç€Ÿå士ã®å䜵ãªã©ãæ§ã ãªãã¿ãŒã³ã®M&AãèŠãããŸããM&AãéããŠãäºæ¥èŠæš¡ã®æ¡å€§ãæ°ããªåžå Žãžã®åå ¥ãæè¡åã®åŒ·åãªã©ãå³ãäŒæ¥ãå¢ããŠããŸãã
è¿å¹Žã®SaaSæ¥çã®M&Aã®ç¹åŸŽãšããŠã以äžã®ç¹ãæããããŸãã
- é«é¡ãªè²·åé¡ïŒæåãªSaaSäŒæ¥ã®è²·åé¡ã¯ãæ°åããæ°ååãã«ã«éããããšããããŸããæé·åžå Žã§ããSaaSãžã®æåŸ ãããé«ãè©äŸ¡é¡ãã€ããããã±ãŒã¹ãå¢ããŠããŸãã
- åçŽçµ±ååã®M&AïŒç¹å®ã®æ¥çã«ç¹åããSaaSãã³ããŒå士ã®M&Aãå¢å ããŠããŸããæ¥çç¹ååã®ãœãªã¥ãŒã·ã§ã³ã匷åããåžå Žã§ã®ãã¬ãŒã³ã¹ãé«ããããšãç®çãšããŠããŸãã
- ãã©ãããã©ãŒã åãç®æããM&AïŒè€æ°ã®SaaSãçµã¿åãããçµ±åçãªãã©ãããã©ãŒã ãæ§ç¯ããåããèŠãããŸãã顧客ã«å¯ŸããŠãã¯ã³ã¹ãããã®ãµãŒãã¹æäŸãç®æãäŒæ¥ãå¢ããŠããŸãã
- ã°ããŒãã«å±éãèŠéã«å ¥ããM&AïŒæµ·å€åžå Žãžã®é²åºãå éããããã«ãçŸå°ã®SaaSäŒæ¥ãè²·åããã±ãŒã¹ãå¢ããŠããŸããã°ããŒãã«ãªç«¶äºåãé«ããããŒã«ã©ã€ãºããããµãŒãã¹ãæäŸããããšãçãã§ãã
M&Aã¯ãSaaSæ¥çã®å¢åå³ã倧ããå€ããå¯èœæ§ãç§ããŠããŸããåžå Žã®å¯¡å åãé²ãäžæ¹ã§ãã€ãããŒã·ã§ã³ã®èœãæããªã¹ã¯ãã¯ããã§ããŸããSaaSãã³ããŒã«ã¯ãM&AãæŠç¥çã«æŽ»çšãã€ã€ãç«¶äºåã®ç¶æã»åäžã«åªããããšãæ±ããããŸãã
M&Aã«ãããèŠå¶ãšæ³çãªèª²é¡
SaaSæ¥çã®M&Aã«ã¯ãèŠå¶ãšæ³çãªèª²é¡ã䌎ããŸãã
èª²é¡ | å 容 |
å人æ å ±ä¿è·èŠå¶ | ã°ããŒãã«ã«äºæ¥ãå±éããSaaSãã³ããŒã¯ãååœã»å°åã®å人æ å ±ä¿è·èŠå¶ã«å¯Ÿå¿ããå¿ èŠããããç¹ã«ãEUã®GDPRïŒäžè¬ããŒã¿ä¿è·èŠåïŒã¯å³æ Œãªã«ãŒã«ãå®ããŠãããéåããå Žåã«ã¯å·šé¡ã®å¶è£éãç§ãããå¯èœæ§ããããç±³åœã®CCPAïŒã«ãªãã©ã«ãã¢å·æ¶è²»è ãã©ã€ãã·ãŒæ³ïŒãªã©ãååœã®å人æ å ±ä¿è·æ³ã«ãçæãå¿ èŠã |
ããŒã¿äž»æš©èŠå¶ | åœå®¶å®å šä¿éã®èгç¹ãããèªåœå ã®ããŒã¿ãèªåœå ã§ç®¡çããããšãæ±ããåããäžççã«åºãã£ãŠãããM&Aã«ãã£ãŠããŒã¿ã®æåšå°ã倿Žãããå Žåã«ã¯ãããŒã¿äž»æš©èŠå¶ãžã®æµè§Šãªã¹ã¯ãæ€èšããé©åãªå¯Ÿå¿ãåãå¿ èŠãããã |
ç«¶äºæ³ïŒç¬å çŠæ¢æ³ïŒã®å¯©æ» | M&Aã®å®è¡ã«ã¯ãç«¶äºæ³ïŒç¬å çŠæ¢æ³ïŒã®èгç¹ããã®å¯©æ»ãæ¬ ãããªããåžå Žæ¯é åã®éäžãé²ãããã«ãç«¶äºåœå±ã«ãã審æ»ãè¡ããããSaaSæ¥çã®M&Aã§ã¯ãåžå Žç»å®ã®é£ããããããŒã¿ã®éäžãããããç«¶äºãžã®åœ±é¿ãªã©ãè«ç¹ã«ãªãããšãããã |
æ³çãªèª²é¡ãžã®å¯Ÿå¿ã¯ãM&Aã®æåŠãå·Šå³ããéèŠãªèŠçŽ ã§ããSaaSãã³ããŒã«ã¯ãæ³åéšéã®åŒ·åãå€éšã®å°éå®¶ã®æŽ»çšãªã©ãæ³çãªã¹ã¯ã«å¯ŸåŠããäœå¶ã®æŽåãæ±ããããŸããM&Aãèšç»ããéã«ã¯ããããã®æ³ç課é¡ãååã«çè§£ããé©åãªå¯Ÿçãè¬ããããšãäžå¯æ¬ ã§ãã
M&Aã«ããåžå Žã·ã§ã¢ã®å€å
M&Aã¯ãSaaSæ¥çã®åžå Žã·ã§ã¢ã«å€§ããªåœ±é¿ãäžããŸãã倧æãã³ããŒã«ããè²·åãçžæ¬¡ãããšã§ãäžäœäŒæ¥ãžã®åžå Žéäžãé²ãã§ããŸãã
M&Aã«ããåžå Žã·ã§ã¢ã®å€åã¯ãç«¶äºç°å¢ã«åœ±é¿ãåãŒããŸãã倧æãã³ããŒã®å¯¡å åãé²ãããšã§ãæ°èŠåå ¥ã®éå£ãé«ããªãå¯èœæ§ããããŸãããŸããè²·åãããäŒæ¥ã®ãµãŒãã¹ãçµ±åã»åç·šãããéçšã§ã顧客é¢ããèµ·ãããªã¹ã¯ããããŸãã
äžæ¹ã§ãM&Aã¯ã€ãããŒã·ã§ã³ãä¿é²ãã广ãæåŸ ã§ããŸãã倧æãã³ããŒã®è³éåãšè²©å£²ç¶²ã掻çšããããšã§ãè²·åãããäŒæ¥ã®æè¡ã補åãåºãæ®åããå¯èœæ§ããããŸãããŸããM&AãéããŠåŸãç¥èŠããªãœãŒã¹ã掻çšããæ°ããªãµãŒãã¹éçºã«åãçµãããšãå¯èœã§ãã
SaaSæ¥çã§ã¯ãä»åŸãM&AãæŽ»çºã«è¡ããããšäºæ³ãããŸããM&Aãããããåžå Žãžã®åœ±é¿ã泚èŠãã€ã€ãç«¶äºåã®ç¶æã»åäžã«åªããããšããSaaSãã³ããŒã«æ±ãããã課é¡ãšèšããã§ãããã
SaaSã®M&Aãããã¡ãªãã
SaaSã®M&Aã«ãããŠã®ã¡ãªããã売åŽåŽã»è²·ååŽã®äž¡æ¹ãã解説ããŸããã¡ãªãããå ã«ããŠSaaSã®M&Aãæ€èšããŠãã ããã
売åŽåŽã®ã¡ãªãã | è²·ååŽã®ã¡ãªãã |
|
|
売åŽåŽã®ã¡ãªãã
SaaSæ¥çã«ããã売åŽåŽã®ã¡ãªããã¯ã以äžã®éãã§ãã
- é«ãè³æ¬å©çã®å®çŸ
- ãªã¹ã¯ã®åæ£
- æè¡é²æ©ãžã®åæè³æ©äŒ
- æ¥åã®å¹çå
- åžå Žã§ã®ç«¶äºåã®åäž
ãããã詳ãã解説ããŠãããŸãã
é«ãè³æ¬å©çã®å®çŸ
SaaSäŒæ¥ãM&Aã§å£²åŽããããšã¯ããªãŒããŒãæè³å®¶ã«ãšã£ãŠé«ãè³æ¬å©çãå®çŸããæ©äŒãšãªããŸããç¹ã«ãæé·æ§ã®é«ãSaaSäŒæ¥ã¯ãé«ãè©äŸ¡é¡ã§è²·åãããã±ãŒã¹ãå€ãèŠãããŸãã
売åŽã«ãã£ãŠåŸããããã£ãã¿ã«ã²ã€ã³ã¯ãæ°ããªäºæ¥ãžã®æè³ãå人è³ç£ã®åœ¢æã«æŽ»çšã§ããŸããSaaSäŒæ¥ã®å£²åŽã¯ãé·å¹Žã®äºæ¥éå¶ã®ææãè³éååãšããŠå®çŸããæåãªéžæè¢ãšèšããã§ãããã
ãªã¹ã¯ã®åæ£
SaaSäŒæ¥ã®çµå¶ã«ã¯ãæè¡å€åãžã®å¯Ÿå¿ãç«¶åä»ç€Ÿãšã®ç«¶äºãªã©ãæ§ã ãªãªã¹ã¯ã䌎ããŸããM&Aã«ãã売åŽã¯ããããã®ãªã¹ã¯ã忣ãã广ããããŸãã
äºæ¥ã®ç¶ç¶ã«é¢ãããªã¹ã¯ãè²·åäŒæ¥ã«ç§»è»¢ããããšã§ã売åŽåŽã¯å®å®çãªåçã確ä¿ããããšãã§ããŸããç¹ã«ãäºæ¥ç°å¢ã®å€åãæ¿ããé åã§ã¯ãé©åãªã¿ã€ãã³ã°ã§ã®å£²åŽãããªã¹ã¯ãããžã®æå¹ãªææ®µãšãªãåŸãŸãã
æè¡é²æ©ãžã®åæè³æ©äŒ
SaaSäŒæ¥ã®å£²åŽã§åŸãè³éã¯ãæ°ããªæè¡éçºãç ç©¶éçºãžã®åæè³ã«æŽ»çšã§ããŸããM&Aã«ãã£ãŠç²åŸããè³éãR&Dã«æå ¥ããããšã§ãã€ãããŒã·ã§ã³ãå éããæ¬¡ãªãæé·ã®æ©äŒãæ¢ãããšãã§ããŸãã
ãŸãã売åŽå äŒæ¥ã®æè¡åãæŽ»çšããããšã§ãæ°è£œåã»æ°ãµãŒãã¹ã®éçºãå¹ççã«é²ããããå¯èœæ§ããããŸããM&Aã¯ãSaaSäŒæ¥ã®æè¡é²æ©ãšæç¶çæé·ãæ¯ããéèŠãªè³éèª¿éææ®µãšäœçœ®ã¥ããããŸãã
æ¥åã®å¹çå
M&Aã«ãã売åŽã¯ã鿥éšéã®çµ±åãæ¥åããã»ã¹ã®æšæºåãéããŠãæ¥åå¹çã®æ¹åã«ã€ãªãããŸããè²·åäŒæ¥ã®æã€çµå¶ããŠããŠããã¹ããã©ã¯ãã£ã¹ãåãå ¥ããããšã§ã売åŽåŽäŒæ¥ã®çç£æ§ãé«ããããšãã§ããŸãã
ãŸããã¹ã±ãŒã«ã¡ãªãããæŽ»ããã調éã³ã¹ãã®åæžãã販売ãã£ãã«ã®æ¡å€§ã«ããå¶æ¥å¹çã®åäžãªã©ãæåŸ ã§ããŸããM&Aã¯ãSaaSäŒæ¥ã®æ¥åå¹çåãä¿é²ããåçåã®åäžã«å¯äžãããšèšããã§ãããã
åžå Žã§ã®ç«¶äºåã®åäž
SaaSäŒæ¥ãM&Aã§å£²åŽããããšã§ãåžå Žã§ã®ç«¶äºåãé«ããããå¯èœæ§ããããŸããè²·åäŒæ¥ã®æã€ãã©ã³ãåã顧客åºç€ã掻çšããããšã§ã売åŽåŽäŒæ¥ã®è£œåã»ãµãŒãã¹ã®èªç¥åºŠãåäžãããããšãã§ããŸãã
ãŸããè²·åäŒæ¥ãšã®é£æºã«ãã£ãŠãæ°ããªåžå Žãžã®åå ¥ãã補åã©ã€ã³ã¢ããã®æ¡å ãå¯èœã«ãªããŸããM&Aã¯SaaSäŒæ¥ã®åžå Žã§ã®ãã¬ãŒã³ã¹ãé«ããç«¶äºåªäœæ§ã確ç«ããããã®æåãªéžæè¢ã®äžã€ãšèšããŸãã
è²·ååŽã®ã¡ãªãã
SaaSæ¥çã«ãããè²·ååŽã®ã¡ãªããã¯ã以äžã®éãã§ãã
- æ°æè¡ã®ç²åŸ
- 顧客åºç€ã®æ¡å€§
- æ°ããåžå Žãžã®é²åº
- éå¶ã³ã¹ãã®åæž
- ãã©ã³ã䟡å€ã®åäž
ãããã詳ãã解説ããŠãããŸãã
æ°æè¡ã®ç²åŸ
SaaSäŒæ¥ãM&Aã§è²·åããããšã¯ãæ°ããªæè¡ãç²åŸããæå¹ãªææ®µã§ããè²·åå äŒæ¥ã®æã€ç¬èªã®æè¡ãç¥ç財ç£ãèªç€Ÿã®ãµãŒãã¹ã«åãå ¥ããããšã§ã補åã»ãµãŒãã¹ã®å·®å¥åãå³ãããšãã§ããŸãã
ç¹ã«ãèªç€Ÿã§ã¯éçºãå°é£ãªå 鲿è¡ãç²åŸããããšã§ãç«¶åä»ç€Ÿã«å¯Ÿããæè¡çåªäœæ§ã確ç«ã§ããå¯èœæ§ããããŸããM&Aã¯SaaSäŒæ¥ã®æè¡å匷åãšè£œåç«¶äºåã®åäžã«å¯äžãããšèšããã§ãããã
顧客åºç€ã®æ¡å€§
SaaSäŒæ¥ãM&Aã§è²·åããããšã§ãè²·åå äŒæ¥ã®é¡§å®¢åºç€ãç²åŸã§ããŸããããã«ãããèªç€ŸãµãŒãã¹ã®ã¯ãã¹ã»ã«ãã¢ããã»ã«ã®æ©äŒãæ¡å€§ããåçã®åäžãæåŸ ã§ããŸãã
ç¹ã«ãèªç€Ÿã«ãªãæ¥çãå°åã®é¡§å®¢ãç²åŸããããšã§ãäºæ¥ã®å€è§åãåžå Žã·ã§ã¢ã®æ¡å€§ãå³ãããšãã§ããŸãããŸããè²·åå äŒæ¥ã®é¡§å®¢ãšã®é¢ä¿æ§ã掻ãããæ°ããªãµãŒãã¹éçºã®ããã®è²Žéãªãã£ãŒãããã¯ãåŸãããšãå¯èœã§ãã
æ°ããåžå Žãžã®é²åº
SaaSäŒæ¥ãM&Aã§è²·åããããšã¯ãæ°ããªåžå Žãžã®é²åºãå éãã广çãªæ¹æ³ã§ããè²·åå äŒæ¥ããã§ã«åå ¥ããŠããåžå Žã§äºæ¥åºç€ãç²åŸããããšã§ãåå ¥éå£ãäœãæããããšãã§ããŸãã
ãŸããè²·åå äŒæ¥ã®æã€ããŒã«ã«ãªç¥èŠããããã¯ãŒã¯ã掻çšããããšã§ãæ°åžå Žã§ã®ã¹ã ãŒãºãªäºæ¥å±éãå¯èœã«ãªããŸããM&Aã¯ãSaaSäŒæ¥ã®æµ·å€å±éãæ°äºæ¥é åãžã®é²åºãåŸæŒãããéèŠãªæŠç¥ã®äžã€ãšäœçœ®ã¥ããããŸãã
éå¶ã³ã¹ãã®åæž
SaaSäŒæ¥ãM&Aã§è²·åããããšã§ãéå¶ã³ã¹ãã®åæžãæåŸ ã§ããŸããè²·åå äŒæ¥ãšã®éã§ã人æãã€ã³ãã©ã®å ±æåãé²ããããšã§ãéè€ã³ã¹ããæå¶ããããšãã§ããŸãã
ãŸããã¹ã±ãŒã«ã¡ãªãããæŽ»ããã調éã³ã¹ãã®åŒãäžãããæ¥åããã»ã¹ã®çµ±åã«ããå¹çåãå¯èœã§ããM&Aã¯SaaSäŒæ¥ã®åçæ§ãé«ããäºæ¥ã®æç¶çæé·ãæ¯ããéèŠãªæœçã®äžã€ãšèšããã§ãããã
ãã©ã³ã䟡å€ã®åäž
SaaSäŒæ¥ãM&Aã§è²·åããããšã¯ãèªç€Ÿã®ãã©ã³ã䟡å€ãé«ããæå¹ãªææ®µã§ããè²·åå äŒæ¥ã®æã€é«ãæè¡åããŠããŒã¯ãªãµãŒãã¹ãèªç€Ÿãã©ã³ãã«åã蟌ãããšã§ãåžå Žã§ã®ååšæãé«ããããšãã§ããŸãã
ãŸããè²·åå äŒæ¥ã®é¡§å®¢ããã®é«ãè©äŸ¡ã掻çšããããšã§ãèªç€ŸãµãŒãã¹ã®ä¿¡é Œæ§ãèªç¥åºŠãåäžãããããšãå¯èœã§ããM&Aã¯SaaSäŒæ¥ã®ãã©ã³ãæŠç¥ã®äžç°ãšããŠãäŒæ¥äŸ¡å€ã®åäžã«å¯äžãããšèšããŸãã
SaaSã®M&Aã®æ³šæç¹
SaaSã®M&Aãè¡ãéã®æ³šæç¹ã解説ããŸããSaaSã®M&Aãè¡ãéã®æ³šæç¹ã¯ã以äžã®éãã§ãã
財åç¶æ³ã®è©³çްãªåæ
SaaSäŒæ¥ã®M&Aãæ€èšããéã¯ãè²·åå äŒæ¥ã®è²¡åç¶æ³ã詳现ã«åæããããšãéèŠã§ããSaaSäŒæ¥ã®äŸ¡å€è©äŸ¡ã«ã¯ãARRïŒAnnual Recurring RevenueïŒå¹ŽéçµåžžåçïŒãChurn RateïŒè§£çŽçïŒãªã©ãç¬èªã®ææšãçšããããŸãã
ãããã®ææšãæ£ç¢ºã«ææ¡ããè²·åå äŒæ¥ã®æé·æ§ãåçæ§ãèŠæ¥µããå¿ èŠããããŸãããŸããè²·åå äŒæ¥ã®åµåãç°¿å€è² åµã®æç¡ã«ã€ããŠã粟æ»ãå¿ èŠã§ãã財åãã¥ãŒããªãžã§ã³ã¹ã培åºããè²·åã«ãããªã¹ã¯ãæå°éã«æããããšãæ±ããããŸãã
æåçé©åæ§ã®è©äŸ¡
SaaSäŒæ¥ã®M&Aã§ã¯ãè²·åå äŒæ¥ãšã®æåçé©åæ§ãè©äŸ¡ããããšãéèŠã§ããäŒæ¥æåã®éãã¯ãçµ±åããã»ã¹ã«ããã倧ããªéå£ãšãªãå¯èœæ§ããããŸãã
è²·åå äŒæ¥ã®çµç¹é¢šåããããžã¡ã³ãã¹ã¿ã€ã«ãåŸæ¥å¡ã®ã¢ãããŒã·ã§ã³ãªã©ãäºåã«ç¢ºèªããèªç€Ÿãšã®èŠªåæ§ãèŠæ¥µããå¿ èŠããããŸãã
æåçãªã®ã£ãããåããããã®æœçãè¬ããããšã§ãåæ»ãªçµ±åãå®çŸããããšãã§ããŸããè²·ååŸã®çµç¹éå¶ã«ãããŠã¯ã倿§æ§ãå°éãã€ã€ãå ±éã®ããžã§ã³ãšäŸ¡å€èгãéžæããããšãæ±ããããŸãã
æè¡çµ±åã®æŠç¥
SaaSäŒæ¥ã®M&Aã§ã¯ãè²·åå äŒæ¥ãšã®æè¡çµ±åãã©ã®ããã«é²ããããéèŠãªèª²é¡ãšãªããŸããè²·åå äŒæ¥ã®è£œåã»ãµãŒãã¹ãèªç€Ÿã®ãã©ãããã©ãŒã ã«çµ±åããéã«ã¯ãæè¡çãªäºææ§ãæ¡åŒµæ§ãååã«æ€èšããå¿ èŠããããŸãã
ãŸããè²·åå äŒæ¥ã®æè¡ã¹ã¿ãã¯ãããŒã¿ã¢ãŒããã¯ãã£ãèªç€Ÿã®ãã®ãšå€§ããç°ãªãå Žåãçµ±åã³ã¹ããèšãããªã¹ã¯ããããŸãã
æè¡çµ±åã®æŠç¥ãç¶¿å¯ã«ç«ãŠãç§»è¡ããã»ã¹ãçå®ã«é²ããããšãæ±ããããŸããçµ±ååŸã®ã·ã¹ãã éçšäœå¶ãã»ãã¥ãªãã£ç®¡çã«ã€ããŠããäºåã®èšç»ãšæºåãæ¬ ãããŸããã
åŸæ¥å¡ã®ç§»è¡ãšç®¡ç
SaaSäŒæ¥ã®M&Aã§ã¯ãè²·åå äŒæ¥ã®åŸæ¥å¡ãã©ã®ããã«ç§»è¡ãããããžã¡ã³ãããŠããããéèŠãªèª²é¡ãšãªããŸããè²·ååŸãåªç§ãªäººæã確ä¿ããã¢ãããŒã·ã§ã³ãç¶æããããšããäºæ¥ã®æåã«ã¯äžå¯æ¬ ã§ãã
è²·åå äŒæ¥ã®åŸæ¥å¡ã«å¯ŸããŠã¯ãæ©ã段éããäžå¯§ãªã³ãã¥ãã±ãŒã·ã§ã³ãå³ããçµ±ååŸã®ããžã§ã³ãå人ã®ãã£ãªã¢ãã¹ãæç€ºããããšãæ±ããããŸãã
ãŸãã人äºå¶åºŠãè©äŸ¡ã·ã¹ãã ã®éãã«ã€ããŠããé©åãªèª¿æŽãå¿ èŠã§ããè²·ååŸã®çµç¹äœå¶ããªãŒããŒã·ããã®ããæ¹ã«ã€ããŠããååãªæ€èšãæ±ããããŸãã
SaaSã«ãããM&Aãæåãããããã®ãã€ã³ã
SaaSã«ãããM&Aãæåãããããã®ãã€ã³ãã解説ããŸããSaaSã«ãããM&Aãæåãããããã®ãã€ã³ãã¯ã以äžã®éãã§ãã
- M&AæŠç¥ã®ç«æ¡
- çžå ŽäŸ¡æ Œãããçè§£ããŠãã
- PMIïŒçµ±ååŸããã»ã¹ïŒã®ç¢ºç«
ãããã詳ãã解説ããŠãããŸãã
M&AæŠç¥ã®ç«æ¡
M&Aãæåã«å°ãããã«ã¯ãæç¢ºãªæŠç¥ã®ç«æ¡ãäžå¯æ¬ ã§ããèªç€Ÿã®äºæ¥ç®çãç®æšã«åèŽããè²·åå ãéžå®ããã·ããžãŒå¹æãæå€§éã«åŒãåºãããã®çµ±åãã©ã³ãç¶¿å¯ã«ç·Žãå¿ èŠããããŸãã
ãŸããM&Aã«äŒŽããªã¹ã¯ãé©åã«è©äŸ¡ãã察å¿çãäºåã«æºåããŠããããšãéèŠã§ããM&AæŠç¥ã®ç«æ¡ã«ããã£ãŠã¯ãèªç€Ÿã®åŒ·ã¿ãšåŒ±ã¿ãå·éã«åæããåžå Žç°å¢ã®å€åãèŠæ®ããé·æçãªèŠç¹ãæã€ããšãæ±ããããŸãã
çžå ŽäŸ¡æ Œãããçè§£ããŠãã
SaaSäŒæ¥ã®M&Aã§ã¯ãè²·åäŸ¡æ Œã®èšå®ãéèŠãªäº€æžãã€ã³ããšãªããŸããè²·åå äŒæ¥ã®é©æ£äŸ¡æ ŒãèŠæ¥µããããã«ã¯ãSaaSæ¥çã®çžå ŽäŸ¡æ Œãããçè§£ããŠããå¿ èŠããããŸãã
SaaSäŒæ¥ã®äŸ¡å€è©äŸ¡ã«ã¯ãARRïŒå¹ŽéçµåžžåçïŒãChurn RateïŒè§£çŽçïŒãªã©ãç¬èªã®ææšãçšããããŸãã
ãããã®ææšãé©åã«åæããè²·åå äŒæ¥ã®æé·æ§ãåçæ§ãæ£ç¢ºã«ææ¡ããããšãéèŠã§ãããŸããé¡äŒŒäŒæ¥ã®M&AäºäŸãåèã«ããããšã§ã驿£ãªè²·åäŸ¡æ Œã®ç¯å²ãèŠå®ããããšãã§ããŸãã
PMIïŒçµ±ååŸããã»ã¹ïŒã®ç¢ºç«
M&Aã®æåŠã¯è²·ååŸã®çµ±åããã»ã¹ïŒPMIïŒã®å·§æã«å·Šå³ãããŸãããå€ãã®äŒæ¥ãM&Aãåç¬ã§è¡ãéãPMIã®è€éããšéèŠæ§ãååã«çè§£ããŠããªãããšããããŸãã
åç¬ã§ã®M&Aã¯èªç€Ÿã®è³æºãããŠããŠã®ã¿ã«é Œãããšã«ãªããPMIã«å¿ èŠãªå°éç¥èãã¹ãã«ãäžè¶³ããŠãããšçµ±åããã»ã¹ãé£èªããæ¥åžžæ¥åã«ã圱é¿ãåºãŸãã
ãããããã¡ãªãããåé¿ããããã«ãM&A仲ä»ã®å©çšããå§ãããŸããM&A仲ä»ã¯ãçµéšè±å¯ãªã¢ããã€ã¶ãŒããPMIã®èšç»ããå®è¡ãŸã§ãæ¯æŽããæ¥åããã»ã¹ã®æšæºåãã·ã¹ãã ã®çµ±åãçµç¹åç·šãªã©ã®èª²é¡ã«å¯ŸåŠããããã®ãã¹ããã©ã¯ãã£ã¹ãæäŸããŸãã
SaaSäŒæ¥ãM&Aã§æåããã«ã¯ãèªç€Ÿã®äºæ¥æŠç¥ã«åãããæé©ãªã¢ãããŒããæ±ããããŸããM&A仲ä»ã掻çšããããšã§ãPMIãã¹ã ãŒãºã«é²ãããªã¹ã¯ãæå°éã«æããªãããM&Aã®æåãæã«ããããšãã§ããã§ãããã
ãM&A HACKãã¯ãæŠç¥çå®ããè²·ãæã®ç޹ä»ãŸã§ãM&AååŒãå®å šæåå ±é ¬å¶ã§ãµããŒããã仲ä»ãµãŒãã¹ã§ããåœãµãŒãã¹ã§ã¯ããªã¹ã¯ãæ°ã«ããããšãªããäžè²«ããæ¯æŽãæäŸããŠããŸããåããŠã®ãçžè«ã¯ç¡æã§ãã®ã§ããèå³ã®ããæ¹ã¯ãã²äžèšãããåãåãããã ããã
ç¡æçžè«ã®ãäºçŽïŒ
https://sfs-inc.jp/ma/contact
SaaSæ¥ã®M&Aã«ãããæåäºäŸ

SaaSæ¥çã«ãããM&Aã®æåäºäŸã玹ä»ããŸããããããSaaSæ¥çã«ãããM&Aãæ€èšããŠãã人ã¯ããã²åèã«ããŠãã ããã
æ ªåŒäŒç€Ÿã¯ã©ãŠãã¯ãŒã¯ã¹ã«ããæ ªåŒäŒç€ŸAI techã®M&A
2024幎3æ2ã«ãæ ªåŒäŒç€Ÿã¯ã©ãŠãã¯ãŒã¯ã¹ãæ ªåŒäŒç€ŸAI techãå®å šåäŒç€Ÿåããããã®æ ªåŒäº€æã決è°ããäºäŸã§ãã
æ ªåŒäŒç€Ÿã¯ã©ãŠãã¯ãŒã¯ã¹ã¯æ±äº¬éœæžè°·åºã«æ¬ç€Ÿã眮ãã人æãããã³ã°ãã©ãããã©ãŒã ã®æäŸãäž»æ¥ãšããŠããŸãããã®ãã©ãããã©ãŒã ã§ã¯ã95.6äžç€Ÿã®ã¯ã©ã€ã¢ã³ãäŒæ¥ãš606.2äžäººã®ç»é²ã¯ãŒã«ãŒãç¹ããŠããããªã³ã©ã€ã³äººæãããã³ã°åžå Žã®ãªãŒããŒãšããŠç¢ºç«ããŠããŸãã
æ ªåŒäŒç€ŸAI techã¯æ±äº¬éœå代ç°åºã«æ¬ç€Ÿã眮ããçæAIãå©çšãããŠã§ãã·ã¹ãã ããµãŒãã¹ã®éçºéå¶ãè¡ã£ãŠããŸããç¹ã«ãAIã«ããèšäºäœæããŒã«ããªãŒããŒã¡ã€ã AIãã§ç¥ããããªå©çšç»é²ãŠãŒã¶ãŒæ°ã¯11äžäººãçªç ŽããŠããŸãã
ãã®M&Aã®äž»ãªç®çã¯ãçæAIãæŽ»çšããäºæ¥æé·ãšãã¯ãŒã«ãŒãšã¯ã©ã€ã¢ã³ãåæ¹ãžã®æ°ããªäºæ¥å±éãè¡ãããšãšããŠããŸããçæAIã«ããä»äºã®é«ä»å 䟡å€åãçç£æ§åäžãœãªã¥ãŒã·ã§ã³ã®æ¡å ãéããŠãAIãšäººãå ±åãæé©åããŠãã瀟äŒãžã®è²¢ç®ãç®æããšããŠããŸãã
åèïŒç°¡ææ ªåŒäº€æã«ããæ ªåŒäŒç€ŸAI techã®å®å šåäŒç€Ÿåã«é¢ãããç¥ãã
ãŸãšã
SaaSæ¥çã§ã¯ãäºæ¥æ¡å€§ãæè¡ç²åŸãåžå Žã·ã§ã¢æ¡å€§ãç®çãšããM&Aãçãã§ããM&Aã¯å£²åŽåŽã»è²·ååŽåæ¹ã«ã¡ãªããããããããŸããããªã¹ã¯ã䌎ããŸãã
æåã«ã¯ã財åç¶æ³ãæåçé©åæ§ãæè¡çµ±åãªã©ã®èª²é¡ã«ã€ããŠãå ¥å¿µãªæºåãšç¶¿å¯ãªèšç»ãäžå¯æ¬ ã§ãããçµ±åããã»ã¹ã§ã¯åŸæ¥å¡ã®ç§»è¡ãšç®¡çã«ãé æ ®ãå¿ èŠã§ãã
M&Aã¯äŒæ¥ã®æé·æŠç¥ãšããŠéåžžã«æå¹ãªææ®µã§ããäžæ¹ãäžå šãæããŠèšãå¿ èŠã®ããæŠç¥ã§ãããã²ä»åã®èšäºãåèã«SaaSã«ãããM&Aãæ€èšããŠã¿ãŠãã ããã