The SaaS league table
Data as of November 1, 2026. Every count below is computed from the open deals.json file by a script, and every row links to the announcement that produced the credit.
| Rank | Firm | Sell-side credits | Buy-side credits | Largest disclosed | Most recent credited deal |
|---|---|---|---|---|---|
| =1 | Raymond James | 3 | 1 | $147M (Vitalware) | Aurora Capital Partners acquires Softdocs (2026-10-05) source |
| =1 | Vista Point Advisors | 3 | 0 | None disclosed | Inverness Graham acquires EasyLlama (2026-09-29) source |
| =3 | Morgan Stanley | 2 | 1 | $6.10B (CCC Intelligent Solutions) | GTCR and Elliott acquires CCC Intelligent Solutions, $6.10B (2026-10-15) source |
| =3 | Lazard | 2 | 0 | $535M (Rocscience) | Hexagon AB acquires Rocscience, $535M (2026-10-09) source |
| =3 | Kaizen Equity Partners | 2 | 0 | None disclosed | TAG Software Group acquires Square 9 (2026-09-08) source |
| =3 | TD Securities | 2 | 1 | $258M (Synchronoss Technologies) | AirPro Diagnostics acquires Revv (2026-08-24) source |
| =3 | Jefferies | 2 | 1 | $692M (Pinewood.AI) | Ridgeview Partners acquires Pinewood.AI, $692M (2026-08-19) source |
| =3 | Houlihan Lokey | 2 | 0 | None disclosed | THL acquires Queue-It (2026-08-18) source |
| =3 | Marks Baughan Securities | 2 | 0 | None disclosed | Anaqua acquires Patrix (2026-04-28) source |
| =10 | Kroll | 1 | 0 | None disclosed | SpringX Holdings Limited acquires Cloopen Group Holding Limited (2026-10-28) source |
| =10 | Tucker Capital | 1 | 0 | None disclosed | IXL Learning acquires NoRedInk (2026-10-19) source |
| =10 | Software Equity Group | 1 | 0 | None disclosed | Terminus Capital Partners acquires PickTrace (2026-10-13) source |
| =10 | Baird | 1 | 0 | None disclosed | Aurora Capital Partners acquires Softdocs (2026-10-05) source |
| =10 | Evercore | 1 | 2 | $22.60B (PTC) | Schneider Electric acquires PTC, $22.60B (2026-10-05) source |
| =10 | Moxie Capital Mumbai | 1 | 0 | None disclosed | Nelnet Business Services acquires Entab Infotech (2026-10-05) source |
| =10 | ATB Cormark Capital Markets | 1 | 0 | $204M (Sangoma Technologies Corporation) | BRC Group Holdings, Inc. acquires Sangoma Technologies Corporation, $204M (2026-09-29) source |
| =10 | IA Global Capital | 1 | 0 | None disclosed | HUBER+SUHNER AG acquires Connected Intelligence (2026-09-25) source |
| =10 | Working Capital Corporate Finance | 1 | 0 | None disclosed | SOFTNEXT acquires OfiPro (2026-09-25) source |
| =10 | DC Advisory | 1 | 1 | None disclosed | Eysa acquires Joinup (2026-09-23) source |
| =10 | Ponterra Business Advisors | 1 | 0 | None disclosed | Edelweiss Software Group acquires Mirus Information Technology Services (2026-09-16) source |
| =10 | CMS INDUSLAW | 1 | 0 | None disclosed | Fleetx.ai acquires Pando.ai (2026-08-20) source |
| =10 | Logros Advisory Partners | 1 | 0 | None disclosed | Volaris Group acquires Alertacall (2026-08-17) source |
| =10 | AXOM Partners | 1 | 0 | $1.28B (Airtable) | Bending Spoons acquires Airtable, $1.28B (2026-08-04) source |
| =10 | Citi | 1 | 1 | $845M (DroneDeploy) | Procore Technologies acquires DroneDeploy, $845M (2026-07-29) source |
| =10 | Ameris Capital | 1 | 0 | $35M (Drivin) | Descartes Systems Group acquires Drivin, $35M (2026-07-15) source |
| =10 | Crestone Advisors | 1 | 0 | $35M (Drivin) | Descartes Systems Group acquires Drivin, $35M (2026-07-15) source |
| =10 | Madison Park Group | 1 | 0 | None disclosed | PartnerOne acquires ISI Analytics (2026-07-14) source |
| =10 | Canaccord Genuity | 1 | 0 | None disclosed | Manos Software Group acquires Dispatch (2026-07-10) source |
| =10 | KPMG | 1 | 1 | None disclosed | CAI Software acquires PlanetTogether (2026-06-24) source |
| =10 | 4GC | 1 | 0 | None disclosed | Infomedia acquires Veact (2026-06-09) source |
| =10 | Cascadia Capital | 1 | 0 | None disclosed | Coupa acquires Tonkean (2026-05-21) source |
| =10 | Cantor Fitzgerald | 1 | 0 | None disclosed | Juniper Group acquires Derbysoft (2026-04-14) source |
| =10 | Arcadia Capital | 1 | 0 | None disclosed | STG acquires Carrier Logistics Inc. (2026-04-13) source |
| =10 | Good Harbor Partners | 1 | 0 | None disclosed | Lemnis acquires Mainstay (2026-03-24) source |
| =10 | Pericles Capital Advisors | 1 | 0 | None disclosed | Agero acquires Urgently (2026-03-13) source |
| =10 | Lincoln International | 1 | 1 | None disclosed | Enverus acquires Spatial Business Systems (2026-03-04) source |
| =10 | Accretive Partners | 1 | 0 | None disclosed | Quizlet acquires Coconote (2026-02-05) source |
| =10 | Deutsche Bank | 1 | 0 | None disclosed | Gemspring Capital acquires FORM and Trax (2026-02-04) source |
| =10 | Moelis & Company | 1 | 2 | None disclosed | Gemspring Capital acquires FORM and Trax (2026-02-04) source |
| =10 | Piper Sandler | 1 | 0 | $258M (For The Record) | Tyler Technologies acquires For The Record, $258M (2026-02-02) source |
| =10 | Torch Partners | 1 | 0 | $59M (Plan A) | Diginex acquires Plan A, $59M (2026-01-28) source |
| =10 | Telegraph Hill Advisors | 1 | 0 | None disclosed | Aptean acquires OpsVeda (2026-01-16) source |
| =10 | William Blair | 1 | 0 | None disclosed | Wavecrest Growth Partners and Radian Capital acquires Dealerware (2026-01-13) source |
| =10 | Centerview Partners | 1 | 0 | $6.40B (OneStream) | Hg acquires OneStream, $6.40B (2026-01-06) source |
| =10 | J.P. Morgan | 1 | 4 | $6.40B (OneStream) | Hg acquires OneStream, $6.40B (2026-01-06) source |
How a credit is earned
A firm earns one sell-side credit when a public source linked on the deal row names it as financial advisor to the seller. One credit per deal per firm. 5 of the 51 credited deals name more than one sell-side advisor, which is why 51 deals produce 56 credits. Buy-side roles are shown in their own column and do not count toward the rank. Legal, tax and diligence advisors are excluded. A deal belongs to this page when the index labels its sector SaaS. The full methodology sits on the all-sector league table.
What this table is not
It is not market share. 399 of the 450 tracked SaaS deals name no sell-side advisor, so a credit count measures disclosure, not deal flow. A firm that closed quiet founder exits in this sector shows up here with a zero or a one.
It is not a quality ranking. Large banks cluster near the top partly because their deals involve public companies and sponsors who publish press releases and file 8-Ks. Do not pick an advisor from a league table. Ask for their last three closed deals in your size band and call the founders.
Small counts are noisy. The index holds only 51 SaaS deals in 2026 with a named sell-side advisor, so one extra announcement can move a firm several places. 36 of 45 firms have a single credit.
Related resources
- SaaS deal slice: every tracked deal in this sector with a source link on every row.
- Most active M&A advisors in tech (full league table): the all-sector version with full methodology.
- Advisor league view: the live version, including per-firm pages.
- ProCloser Tech M&A Deal Index: all 2213 tracked 2026 deals.
- Best M&A advisors for SaaS and technology companies: the curated counterpart to this table.
- Get matched to an M&A advisor: sector, size and buyer-type matching, free for sellers.
Frequently asked questions
Who were the most active M&A advisors in SaaS in 2026?
By public sell-side credits in the ProCloser Tech M&A Deal Index, as of November 1, 2026: Raymond James and Vista Point Advisors are tied at the top with 3 credited deals each. Only 51 of 450 tracked SaaS deals (11.3 percent) name a sell-side advisor, so this measures who was named, not who worked the most deals.
How many SaaS deals name an advisor?
51 of 450 tracked 2026 SaaS deals (11.3 percent) name a sell-side advisor in a public source. 5 deals name more than one sell-side advisor, so the 51 credited deals produce 56 credits.
Does this table count buy-side advisors?
The ranking counts sell-side credits only. Buy-side credits in this sector are shown in their own column: 39 credits across 31 firms in the index.
How is this table built, and can I check it?
Every count is computed from deals.json, the open dataset published at procloser.ai/deals/data/deals.json, with a script (tools/most_active_advisors_sector.py). Every table row links to the announcement that produced the credit. Data as of November 1, 2026.
My firm advised on a SaaS deal and is missing. How do I get credited?
Send a link to the public announcement that names your firm as sell-side advisor, with the target, acquirer and date, to corrections@procloser.ai. There is no payment for inclusion or position.
Sources
- deals.json: the full open dataset, generated November 1, 2026. Licensed CC BY 4.0.
- deals.csv: the same data in CSV.
- Deal index and advisor league view: the browsable views.
Cite this page as: ProCloser.ai, "Most Active M&A Advisors in SaaS (2026 Data)", November 1, 2026, https://procloser.ai/blog/most-active-ma-advisors-saas-2026/. Cite the data as "ProCloser Tech M&A Deal Index" with a link.
Disclosure
ProCloser.ai operates a deal-matching network that includes some of the firms named on this page. ProCloser.ai is not an M&A advisor, an investment bank or a broker-dealer, does not execute transactions and receives no payment for inclusion or position in this table. Credits are assigned mechanically from public announcements.