M&A/Shareholder vote/2026/Weave Communications, Inc.

Weave Communications, Inc. WEAV

Willow Parent, LLC bought Weave Communications, Inc. (WEAV) for $7.40 cash a share, completed Oct 26, 2026. Willow Parent, LLC is backed by Francisco Partners Management, L.P. and Francisco Partners VII, L.P. and Francisco Partners VII-A, L.P. and Francisco Partners VII-B, L.P. and Francisco Partners VII-C, L.P.. Weave Communications is a vertical SaaS platform delivering AI-powered patient engagement solutions for small and medium-sized healthcare practices.

Holders get
$7.40 cash
Deal value
Not given
Expected close
Q4 2026
Status
Completed
See the filing →

Filed

The deal

Willow Parent, LLC will acquire Weave Communications, Inc., a vertical SaaS platform delivering AI-powered patient engagement solutions for small and medium-sized healthcare practices, for $7.40 in cash per share, a 38% premium to the closing price on August 15, 2026.

The deal is expected to close by the end of the fourth quarter of 2026, subject to adoption of the Merger Agreement by the affirmative vote of the holders of a majority of the outstanding shares of Company Common Stock, HSR waiting period expiry, absence of legal impediments, and accuracy of representations and warranties and performance of covenants.

What has happened

Agreement signed · Weave Communications entered into an Agreement and Plan of Merger with Willow Parent, LLC, with holders receiving $7.40 in cash per share. · See the filing
Regulators cleared the deal · Early termination of the HSR Act waiting period for the merger was granted. · See the filing
Holders sent the terms and a meeting date
Holders approved the deal · Stockholders approved the merger agreement with 58,845,446 votes for, 2,324,059 against, and 42,770 abstaining. · See the filing
Deal completed · Willow Parent completed the acquisition of Weave Communications through the merger, with each share converted into $7.40 in cash. · See the filing

The board says

The Company Board unanimously recommends that you vote "FOR" the adoption of the Merger Agreement.