M&A · Tech · Services-Prepackaged Software
Transom Capital Group to acquire Soundthinking, Inc.
Announced Sep 29, 2026 · Pending Oct 20, 2026
Deal value$159MEV $159M
Premium46.0%To unaffected price
EV / Adj. EBITDA—1.6x EV / Revenue
ConsiderationAll cash$8.00 per share
Transaction
- Acquirer
- Transom Capital Group
- Target
- Soundthinking, Inc. (SSTI)
- Buyer type
- Private equity
- Offer price per share
- $8.00
- Enterprise value
- $159M
- Status
- Pending Oct 20, 2026
Deal protections
- Break fee (target pays)
- $4.5M · 2.8%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- Committed · Tidal Partners
Advisors
- To the acquirer
- Not disclosed
- To the target
- Tidal Partners
- Tidal Partners fee
- $4.7M
Sector context · Tech
- Comparable deals
- 66 in the prior 24 months
- Premium
- 46.0% vs. 39.5% sector median
- EV / Adj. EBITDA
- Sector median 15.4x
- Break fee
- 2.8% vs. 3.0% sector median
Timeline
- AnnouncedSep 29, 2026
- Tender offerOct 20, 2026
- ClosedPending
Valuation · fairness opinions
Discounted cash flow$5.75$7.50
Trading comparables$5.75$7.75
Trading comparables$6.25$8.50
Trading comparables$4.00$6.00
Precedent transactions$4.50$6.50
Offer $8.00
Implied value per Soundthinking, Inc. share by analysis, from Tidal Partners · DCF discount rate 15%–17%.