Mergers & Acquisitions ·
Transom Signal AcquireCo agrees to buy SoundThinking for $8 per share plus up to $3 CVR, valuing firm at up to $159M
SSTISoundthinking, Inc.
SoundThinking, Inc. entered into a definitive merger agreement with Transom Signal AcquireCo, LLC on September 28, 2026, to be acquired via a tender offer and subsequent second-step merger. Shareholders will receive $8.00 per share in cash plus one non-transferable contingent value right (CVR) for up to an additional $3.00 per share, representing an aggregate potential consideration of up to $11.00 per share. The transaction carries an implied enterprise value of approximately $114 million based on upfront cash, rising to approximately $159 million with maximum CVR payments. The board unanimously recommended the deal, which is expected to close in the fourth quarter of 2026. Support agreements were executed by shareholders holding approximately 33% of outstanding shares. SoundThinking operates as a public safety technology company providing AI-driven solutions for law enforcement and civic security.