On May 6, 2025, Weave, a Lehi, UT-based provider of a customer experience and payments software platform, announced that it had entered into a definitive agreement to acquire TrueLark, a Palo Alto, CA-based provider of an AI-powered receptionist and front-desk automation platform. Wilson Sonsini Goodrich & Rosati advised Weave on the transaction.

Under the terms of the agreement, Weave will acquire all outstanding equity and ownership interest in TrueLark for $35 million, which comprises $25 million in cash and $10 million in equity, subject to customary purchase price adjustments. The transaction is expected to close in Q2 2025, subject to customary closing conditions.

With the acquisition, Weave will consolidate its position as the intelligent operating system for healthcare practices, expanding its platform to include always-on AI-powered agents.

The Wilson Sonsini team that advised Weave on the transaction included:

Corporate
Marc Porter
Nathan Robinson
Steve Herlin
Alex Dolphin
Savir Punia

Delaware
Adrian Broderick
Ryan Hart

Employee Benefits and Compensation
Michael Klippert
Emma Wilcox
Alison Genova

Technology Transactions
Jennifer McGrew
Scott McKinney
Regina McLeod
Shivang Patel

Tax
Myra Sutanto Shen
Anjali Krishnan

For more information, please see Weave’s news release.