M&A
confidence high
sentiment neutral
materiality 0.90
Weave Communications to be acquired by Francisco Partners for $7.40/share in cash
Weave Communications, Inc.
- Merger consideration of $7.40 per share in cash; expected close Q4 2026.
- Stockholders to vote at special meeting; directors holding ~14.5% voting power support deal.
- Termination fee: $22.8M payable by Weave; $39M payable by Parent under specified conditions.
- Francisco Partners affiliates provide equity commitment letter to fund full merger consideration.
- Merger subject to HSR waiting period, stockholder approval, and no material adverse effect.