Deal Flow
Letter · prints on one page
Transaction tear sheetData as of Nov 7, 2026
M&A · Industrials · Photographic Equipment & Supplies

Action Acquisitions LLC to acquire GoPro, Inc.

Announced Sep 2, 2026 · Pending Oct 19, 2026

Deal value—
Premium30.0%To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock

Transaction

Acquirer
Action Acquisitions LLC
Target
GoPro, Inc. (GPRO)
Buyer type
Strategic
Offer price per share
—
Enterprise value
—
Status
Pending Oct 19, 2026

Deal protections

Break fee (target pays)
$10.0M
Reverse fee (buyer pays)
—
Go-shop
No-shop
Financing
No financing condition

Advisors

To the acquirer
Not disclosed
To the target
Houlihan Lokey
Houlihan Lokey fee
$6.7M

Sector context · Industrials

Comparable deals
95 in the prior 24 months
Premium
30.0% vs. 38.0% sector median
EV / Adj. EBITDA
Sector median 11.6x
Break fee
Sector median 2.8%

Timeline

  1. AnnouncedSep 2, 2026
  2. Proxy filedOct 19, 2026
  3. Definitive proxyPending
  4. Shareholder votePending
  5. ClosedPending

Valuation · fairness opinions

Other analysis$0.06$0.95

Implied value per GoPro, Inc. share by analysis, from Houlihan Lokey.

Sources
  • 8-K · Sep 2, 2026

Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.

Prepared with Castle from public SEC EDGAR filings. Figures are extracted automatically; verify against the source documents. Not investment advice.