
Tech, Innovation & Public Sector
Our perspective
Technology and innovation organisations face a structural paradox: high intrinsic value that is often indefensible to investors and regulators. Their capital rests on intangible assets — code, data, algorithms, teams — whose documentation is insufficient.
CIFSO 5000 Certification resolves this paradox by providing an independent 5-dimension assessment adapted to the realities of SaaS, AI and the digital public sector.
Sectors covered
01Core businessTechnology & SaaS
ARR multiples, SaaS metrics (NRR, churn, LTV/CAC), scalability and technical debt.
02GrowthEducation & EdTech
LMS, educational AI, B2B/B2G markets and freemium models with mixed monetisation.
03SovereigntyGovTech & Public Sector
Public procurement, DINUM/ANSSI compliance, sovereign cloud and interoperability.
Our applied expertise
CIFSO 5000 Certification
Independent assessment of SaaS and AI assets across the 5 CIFSO dimensions — ARR/NRR metrics, IP governance, architecture and organisation — a certified basis defensible to any investor, acquirer or regulator.
Technology Advisory
Multi-tenant SaaS architecture, European sovereign cloud migration, technical debt reduction before sale and AI Act / NIS2 compliance for technology organisations.
Custom Solutions
B2B SaaS product development, certifiable proprietary AI platforms and GovTech systems adapted to public sector interoperability and sovereignty constraints.
M&A Advisory
Preparation for SaaS or AI sale, valuation and documentation of metrics (ARR, NRR, churn, LTV/CAC), data room buildout and closing support with PE funds or strategic acquirers.
How we support our clients
Three typical profiles, three concrete situations.
SaaS founders & tech scale-ups
“You have built a B2B SaaS with solid ARR metrics. A PE fund or strategic acquirer has entered the process. They require independent certification of your metrics, IP governance and architecture before engaging their legal teams. You have 90 days.”
What we solve
- Certify and defend NRR, churn and LTV/CAC metrics to a demanding PE acquirer
- Document ownership of code, algorithms and data as certified IP assets
- Prepare a complete, defensible data room within SaaS M&A process timelines
Venture & growth funds
“You manage a portfolio of European B2B SaaS companies. Across several holdings, reported metrics are difficult to audit independently and IP governance is insufficiently documented. You are preparing a secondary exit or a funding round and need a certified basis.”
What we solve
- Independently verify the quality and robustness of a holding's SaaS metrics
- Document and certify governance and architecture before a Series B or C round
- Prepare optimal conditions for a secondary exit or a dual-track process
GovTech & EdTech players
“You operate a digital platform for the public sector or education. A public tender requires sovereign cloud certification, an industrial partner wants to merge and a regional administration is considering a partial takeover. Each scenario requires different documentation but all rest on the same assets.”
What we solve
- Certify DINUM/ANSSI sovereign cloud compliance for public tender eligibility
- Document organisation and governance before a merger or inter-player consolidation
- Value a public or semi-public digital asset in a privatisation or spin-off context
Publications associées
Toutes nos publications
Verticals
AI-native SaaS in 2026: valuation, multiples and what differentiates premium assets
AI-native SaaS show 7–10x ARR multiples when they control their model IP. This guide distinguishes true AI assets from "GPT wrappers", a critical valuation distinction.

Certification
NRR, churn, LTV, CAC: the SaaS metrics that determine your valuation in 2026
Reference guide on the 8 most important SaaS metrics for M&A valuation, exact definitions, 2026 sector benchmarks, and their direct impact on the multiple obtained.

Verticals
Tech, SaaS & AI: defending intangible asset value before investors and acquirers
The paradox of tech organisations: high intrinsic value but often indefensible for lack of structured documentation. Analysis of certification challenges for SaaS, AI and GovTech players in Europe.
CIFSO 5000 Certification
Get your organisation assessed and obtain a defensible independent certification.




