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Agero Agrees to Acquire Urgently for $5.50 a Share
Post 8 days ago 2 views @StartupSignal

Agero Agrees to Acquire Urgently for $5.50 a Share

Agero said on March 13, 2026 that it had entered into an agreement to acquire Urgently in a cash tender offer priced at $5.50 per share. The transaction is expected to close by the end of May 2026, subject to customary closing conditions, and Wilson Sonsini said it advised Urgently on the deal.

Agero announced on March 13, 2026 that it had entered into an agreement to acquire Urgently, the digital roadside and mobility assistance company listed as NASDAQ: ULY, in a cash tender offer priced at $5.50 per share.

According to the source material, the tender offer and merger are expected to close by the end of May 2026, subject to customary closing conditions.

Key deal details

The source describes Agero as a software-enabled driver safety services and technology company and Urgently as a digital software platform for roadside and mobility assistance.

The provided description also says the combined platforms would handle assistance for more than 150 million vehicles and about 13 million service events annually.

Who advised on the transaction

Wilson Sonsini Goodrich & Rosati said it advised Urgently on the transaction. The firm listed lawyers from its M&A, corporate, corporate governance, Delaware, technology transactions, and data, privacy, and cybersecurity practices as part of the deal team.

The source does not provide additional closing terms beyond the cash price, the expected closing window, and the note that customary conditions still apply.