Shake n bakeWell, after raising over $100 million dollars, it looks like we have some more acquisitions in the pipeline. We're trading probably about 15x forward earnings, but if management can continue making acquisitions at anywhere between 8-10x EBITDA, this capital raise will be accretive, and that forward multiple may be closer to 13-14x EBITDA, pretty cheap considering most SaaS are in the range of 18-25x forward EBITDA.
DSG's niche - transportation service software - is not going away. We are going to see continued growth in this sector, and for this company. Looks like a bright future.