Brief: Wavestone Acquires Sand Cherry In The US
14/09/2026 06:43
BRIEF-Wavestone Acquires Sand Cherry In The US Sept 14 (Reuters) - Wavestone SA WAVE.PA:
CONTINUES ITS EXPANSION IN UNITED STATES WITH ACQUISITION OF SAND CHERRY
HAS BEEN FULLY FUNDED WITH CASH FROM WAVESTONE'S EXISTING FINANCIAL RESOURCES
SAND CHERRY WILL BE CONSOLIDATED INTO WAVESTONE'S FINANCIAL STATEMENTS AS OF SEPTEMBER 1, 2026
INITIAL PURCHASE PRICE IS $35.0M (ABOUT €30.1M) ON AN ENTERPRISE VALUE BASIS
ADDITIONAL CONSIDERATION OF UP TO $12.0M (ABOUT €10.3M) CONDITIONED BY SAND CHERRY PERFORMANCE
Source text: ID:nACT100206
Further company coverage: WAVE.PA
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