M&A
confidence high
sentiment neutral
materiality 0.70
Vaso sells NetWolves subsidiary to COEO Solutions for $14.5M cash
VASO Corp
- Base purchase price $14.5M cash, subject to post-closing adjustments for net working capital, cash, indebtedness, expenses.
- NetWolves is a managed network provider; sale closed July 31, 2026.
- NetWolves ceases to be an indirect wholly owned subsidiary of Vaso.
- Pro forma financials to be filed via amendment within 4 business days of closing.
- Escrow accounts established for purchase price adjustment, general indemnity, and regulatory indemnity.