Deal Flow
Letter · prints on one page
Transaction tear sheetData as of Nov 7, 2026
M&A · Tech · Services-Computer Processing & Data Preparation

Agero, Inc. to acquire Urgent.ly Inc.

Announced Mar 13, 2026 · Closed Apr 28, 2026

Deal value$12MEV $99M
Premium170.9%To unaffected price
EV / Adj. EBITDA—0.8x EV / Revenue
ConsiderationAll cash$5.50 per share

Transaction

Acquirer
Agero, Inc.
Target
Urgent.ly Inc. (ULY)
Buyer type
Strategic
Offer price per share
$5.50
Enterprise value
$99M
Status
Closed Apr 28, 2026

Deal protections

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

Advisors

To the acquirer
Evercore
To the target
Not disclosed

Sector context · Tech

Comparable deals
69 in the prior 24 months
Premium
170.9% vs. 38.1% sector median
EV / Adj. EBITDA
Sector median 16.5x
Break fee
Sector median 3.0%

Timeline

  1. AnnouncedMar 13, 2026
  2. Tender offerMar 30, 2026
  3. ClosedApr 28, 2026
Sources
  • 8-K (EX-99) · Mar 16, 2026
  • 8-K · Mar 16, 2026
  • SC TO-C (EX-99.1) · Mar 26, 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.