SoundThinking to be Acquired by Transom Capital Group
Globe Newswire•29/09/2026•07:35 ET
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Key Highlights
- ➤Transom to acquire SoundThinking (SSTI) for $8.00 cash plus CVR worth up to $3.00 per share
- ➤$8.00 upfront offer represents a 46% premium to September 28, 2026 closing price
- ➤Transaction implies approximately $114 million enterprise value before maximum CVR payment
- ➤Shareholders owning approximately 33% of outstanding shares agreed to tender
- ➤Deal expected to close in fourth quarter of 2026; shares will cease Nasdaq trading
Expert Statements
Deborah Grant, Chair of the SoundThinking Board
“We are pleased to have entered into an agreement with Transom that delivers significant, immediate and certain value to our shareholders with additional future upside potential.”
Deborah Grant, Chair of the SoundThinking Board
“Given the dynamic market environment, our Board believes that this transaction maximizes value for shareholders while positioning our business for the future.”
Ralph Clark, President and CEO of SoundThinking
“Joining forces with Transom marks an important milestone for SoundThinking and reflects the progress we have made in evolving into a broader public safety platform.”
Ralph Clark, President and CEO of SoundThinking
“We believe that moving forward as a private company with Transom will enable us to operate with greater flexibility to better support customers and deliver on our mission.”
Mads Jorge, Managing Director at Transom
“SoundThinking has built a differentiated platform that delivers measurable impact for its customers and communities.”
SoundThinking shareholders to receive $8.00 per share in cash, plus one non-transferable contingent value right (CVR) for up to an additional $3.00 per share
Upfront cash consideration of $8.00 per share represents a 46% premium to closing price on September 28, 2026
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