§ SECTOR
S1.
SaaS Commercial Due Diligence
Sector-specific CDD additions to the generic spine.
§ DIRECT ANSWER
SaaS Commercial Due Diligence: where the sector diverges from the generic spine, sourced to UK primary data.
SaaS CDD diverges on chapter II metrics: NRR (net revenue retention), GRR (gross revenue retention), magic number, CAC payback. Defensible UK 2026 benchmarks: NRR >105% strong, <95% concerning; GRR >85%; magic number >0.75.
§ 1.1Standard chapter II additions
- NRR trailing 12 months
- GRR trailing 12 months
- Magic number
- Logo retention
- Cohort revenue waterfall
§ 1.2Where it differs
Chapter IV (operations) leans on Rule of 40 + sales efficiency, not capacity or unit volumes.
§ 1.3Source
UK PE 2026 SaaS benchmarks read across multiple buyside surveys; cite each in chapter footnote.
VERIFIED 21 JUN 2026NEXT REVIEW 21 SEP 2026SRC: ICAEW CF; BVCA Industry Activity 2025-26