By Kelly Cloonan
Agero plans to acquire Urgently, a roadside and mobility assistance provider, in a deal worth $13.3 million.
Under the terms of the deal, a subsidiary of Agero would buy Urgently for $5.50 a share in cash, the companies said Friday.
The deal aims to bring together two companies focused on roadside assistance to create a unified, improved solution for automakers, dealerships, insurance carriers, fleet operators and the drivers they serve, the companies said.
Urgently has established a strong presence in the automotive, fleet and rental markets through its use of technology like machine-learning and advanced analytics, Agero said. Agero expects to scale those capabilities across its client base.
After the deal closes, Agero would remain a privately held company. The companies expect the deal to close by the end of May.
Write to Kelly Cloonan at kelly.cloonan@wsj.com
(END) Dow Jones Newswires
March 13, 2026 16:29 ET (20:29 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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