NEW YORK, April 29 — 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.
