Capstone Headwaters has published its Q4 2019 Human Capital Management (HCM) SaaS Coverage Report with key insights from Managing Director David Michaels and Director Teak Murphy.  In 2019, merger and acquisition (M&A) activity continued its upward trend, with 131 deals setting a new deal volume record and totaling $15.4 billion. The report, available for download below, highlights:

• Key Industry Takeaways
• M&A Activity and Multiples
• Public Company Valuation & Operating Metrics

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