Squared Up Holdings, LLC to acquire Wheelhouse Holdings Inc.

Squared Up Holdings, LLC has agreed to acquire Wheelhouse Holdings Inc. in a completed asset sale transaction. The deal, which closed on 25 September 2026, was valued at 225 million US dollars on an enterprise value basis. Both the buyer and the target are based in the United States, and the transaction falls within the Consumer and Retail sector. The consideration for the purchase consisted of a combination of cash and a loan note. The announcement of the deal was made on 29 September 2026, shortly after the completion date. This acquisition represents a significant move for Squared Up Holdings, LLC, as it secures the assets of Wheelhouse Holdings Inc. The structure of the payment, involving both immediate cash and deferred liability through a loan note, is typical for asset sales of this magnitude. The transaction is now fully completed, with no further regulatory approvals or conditions precedent remaining. The parties have finalized all necessary documentation and transferred ownership of the specified assets. This deal marks the end of the commercial relationship between the two entities, with Wheelhouse Holdings Inc. ceasing to operate as an independent entity in this context. The specific assets acquired were not detailed in the available data, but the enterprise value reflects the total worth of the business unit being transferred. The completion date precedes the announcement date, indicating that the deal was finalized before being made public to the wider market.