March 1, 2022. Madison Park Group announced the release of its Engineering Software Market Update. Ralph Verrilli and Michael Magruder spearhead MPG’s Engineering technology coverage. Mr. Verrilli commented,
In 2021 valuation premiums reached record-highs for engineering software businesses. Strategic buyers and investors alike recognized the importance of Engineering software to the advancement of major global initiatives – from enhanced wireless connectivity to net-zero carbon emissions goals and more. We believe both industry incumbents looking for new growth opportunities, and new players seeking to become major contributors to Industry 4.0 initiatives, will drive meaningful transaction activity in 2022
Ralph Verrilli, Managing Director at Madison Park Group