Ridgeview Partners LLC: Ridgeview Partners Announces Recommended Acquisition of Pinewood Technologies Group plc
Ridgeview Partners LLC, via U.K. Piston Bidco, agreed to acquire Pinewood Technologies Group plc (Pinewood.AI) for £545M. Shareholders will receive £4.48 per share. The deal, expected to close by 22 Dec 2026, aims to accelerate Pinewood.AI's growth in AI and data innovation. Pinewood.AI is a cloud-based tech provider for automotive retailers and OEMs.