Pinewood Technologies Shareholders Approve $721M Ridgeview Takeover

Key Facts

1Shareholders of British automotive software firm Pinewood Technologies approved a £545 million takeover bid.

2The company will be taken private by the US private equity firm Ridgeview Partners.

Shareholders of British automotive software firm Pinewood Technologies approved a £545 million takeover bid. Reuters reported that the company will be taken private by the US private equity firm Ridgeview Partners in a deal valued at approximately $721.14 million.

PINWF closed at $5.45 on September 24, 2026, reflecting the final pricing levels as the acquisition moves toward completion. The shareholder vote marks a critical milestone in transitioning the UK-based automotive software provider into a private entity under US ownership.