SoundThinking (SSTI) jumps 50.7% after Transom Capital Group $8 cash buyout
SoundThinking shares rose 50.7% to $8.25 after Transom Capital Group agreed to buy the company for $8 per share in cash, a 46% premium, with up to $3 per share in contingent value rights tied to product sales. Deal expected to close in Q4 2026.
7 bln in assets under management. It typically invests in middle-market North American firms with up to $1 bln in rev and up to $75 mln of adj EBITDA (earnings before interest, taxes, depreciation and amortization), according to its website (Lance Tupper is a Reuters market analyst. com 1-646-279-6380)