Background: Beleaguered Everbridge To Be Acquired, Go Private
Here's the take:
*** *** ******* ********* **** ******, more *********** ****** ** *** ******* including **** **** * ***** ********** leaving *** *******.** ****** **** ** **** ****. *** ***'* **** **** **** of **** ******** ****** ********* ****** is *****.
******, ******, *** ******* ******** ** ******* problems- **** ******* ******* ************ ******* and ************ *********** *** ******** ******** entities, **** ********:
** *** * ****** ** ************ obviously, ********** *** **** *** **** really ***** ** *** ********** ** both *** **** ****** *** *** product ********, **** ********** *** ******** to *** ********* *** ** *** sellers. *** ** * ****** ** that, ********* ** *** *slow ***** ******* in Q4
** **** **** **** * **** of ******* ****** ** ********* **** we'renot ****** ******* **********. We are selling them to multiple buyers and as Vernon said that was confusing ** ********* *** ** *** *******. So the action that we're taking there to remedy that. We're focusing ** *********** *** ************. We're simplifying our go-to-market. We're aligning and upgrading our back office to make it a lot easier to do business with and within Everbridge [emphasis added]
****'* *** *** ***** **** ** going **** ****** **** **********.
******* ***** ** ********* *** ******** that ********* *** ******* ************ ********** to "**** *** ***" ******* **** multiple ***** ******* ** *** ******* of *** ****** ******.
****, *** ****** **** *** ***** was "****** * **% ******* **** current ****** ***," *** *** ***** is ******, ****** ***** **** *** ***, * *** ***** *******:
*** *** ***** **** ******** ***** represents *:
• **% ******* ** **********’* ******* share ***** ** ** ******** *, 2024 [*** ******* ****** ***]
• **% ******* ** *** **-*** volume-weighted ******* *****
* *** **'* ****** ***** ***** fact ******** ***** **** *** *****
***, *******, ** ** *****, **** ******** *****, **** ** ****** to ** * **** **** *** Thoma ******** *** ******* *** ***** ********* just **** ******** ***** *** *** leaving *** ******* **** *** **** it ******* *** ***** **** ****** the **** ******** *** ******* ***.