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Pericles Capital Acts as Financial Advisor to Urgently in Acquisition by Agero

(Very Positive)

Key Terms

m&a financial
M&A, short for mergers and acquisitions, involves one company combining with or purchasing another company to grow, streamline operations, or gain competitive advantages. For investors, M&A activity can signal potential for increased value, new opportunities, or changes in market dynamics, making it an important factor to watch in the business landscape.
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NEW YORK--(BUSINESS WIRE)-- Pericles Capital acted as the financial advisor to Urgent.ly, Inc. (Nasdaq: ULY) (“Urgently”), a leading global mobility and roadside assistance platform, in its acquisition by Agero, Inc. Securities services for Pericles Capital in connection with this transaction were offered through Seaport Global Securities LLC, member of FINRA/SIPC.

This landmark transaction brings together two of the most innovative companies in the mobility and roadside assistance sectors. By integrating Urgently’s cutting-edge, AI-driven dispatch technology with Agero’s expansive service provider network, the combined entity is poised to accelerate an enhanced experience for automakers, dealerships, insurance carriers, fleet operators, and drivers nationwide.

Pericles Capital managed the comprehensive transaction process on behalf of Urgently, providing strategic advisory, valuation analysis, and structuring and negotiation support to ensure an optimal outcome for the Company’s stockholders. This successful outcome underscores Pericles Capital’s commitment to delivering superior advisory services and executing complex M&A transactions for leading technology and mobility companies.

About Pericles Capital
Pericles Capital is a financial advisory firm specializing in complex transactions across several sectors including technology, media, and telecommunications. Securities offered through Seaport Global Securities, LLC. Member FINRA / SIPC.

About Seaport Global
Seaport Global Holdings LLC is a leading capital markets firm, providing robust sales, trading and research services and the resources of a full-service investment bank. Seaport Global combines its extensive knowledge, solid relationships and deep distribution platform to serve its clients' most unique business requirements. The firm is headquartered in New York with offices across the US and Europe. Visit www.seaportglobal.com to learn more.

About Urgently
Urgently is a leading global mobility and roadside assistance platform, delivering safe, innovative, and exceptional services to major brands across the automotive, insurance, telematics, and fleet industries.

About Agero
Agero is a leading provider of white-label driver assistance services, protecting millions of drivers and supporting leading vehicle manufacturers and insurance carriers. Through a combination of advanced technology and a robust service network, Agero delivers critical support when drivers need it most.

Lisa Lieberman
Managing Director
Seaport Global Holdings LLC
T: 212 601.9071
llieberman@seaportglobal.com

Source: Seaport Global Holdings LLC