AvePoint Plans $100M Acquisitions to Reach $1B Goal
And AvePoint CEO TJ Jiang tells me the data management company is targeting acquisitions of as much as $100 million apiece as it moves toward $1 billion in annual recurring revenue by 2029. AvePoint ended 2025 with $419.5 million in total revenue (+27%) and had $430 million in cash after six smaller transactions. It’s growing off the back of increasing corporate demand for data governance tools required before AI assets can be unleashed. AvePoint is also listed on the Singapore Exchange, where it is the largest software company by market capitalization.