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Stage Entry Agrees to Purchase UserWay


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UserWay’s AI-powered accessibility applied sciences to reinforce Stage Entry’s suite of main digital accessibility options

ARLINGTON, Va. — Stage Entry, a number one supplier of digital accessibility options, and UserWay (TASE: UWAY), a pioneer in accessibility AI applied sciences, right now introduced the signing of a definitive settlement for Stage Entry to accumulate UserWay. Collectively, Stage Entry and UserWay will create superior digital accessibility options to assist extra organizations to start out, and speed up, sustainable digital accessibility applications.

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UserWay’s AI-powered software program automates the identification and optimization of code to enhance digital accessibility for web sites, apps, and digital paperwork. Tens of millions of internet sites globally belief UserWay’s know-how to assist enhance usability for individuals with disabilities. The addition of UserWay’s complementary know-how and group will improve Stage Entry’s full-service digital accessibility options, together with its market-leading digital accessibility platform, and prolong the attain of its deep subject material experience to organizations of all sizes.

“Allon and the UserWay group have developed unbelievable automated remediation applied sciences that allow organizations to maneuver quicker of their digital accessibility applications,” mentioned Tim Springer, CEO and Founding father of Stage Entry. “This mixture, with our full-service digital accessibility platform, will allow us to carry highly effective new instruments to our clients and positions us with a sturdy answer set for organizations of any dimension and maturity.”

“We’ve lengthy admired the Stage Entry group and their integration of know-how, service, and subject material experience,” mentioned Allon Mason, CEO and Founding father of UserWay. “This transaction delivers compelling worth to our shareholders and offers our group with an excellent alternative to carry our know-how to a broader market. We’re unified by a shared mission to make the world extra accessible, and we imagine this partnership will improve and speed up what we’re capable of accomplish.”

As a part of Stage Entry, UserWay will proceed to function below its current identify and model. Allon Mason will proceed to guide UserWay as CEO and can change into President of Stage Entry. The transaction is anticipated to shut in early 2024, topic to approval by UserWay’s shareholders and receipt of customary regulatory approvals. Extra info for UserWay shareholders could be discovered on the Tel Aviv Inventory Alternate (TASE)’s ‘MAYA’ Web site.

Stage Entry’s current buyers JMI Fairness and funds managed by KKR proceed to assist the expansion of the corporate.

Nfluence Companions acted as monetary advisor and Sullivan & Worcester as authorized counsel to UserWay. Latham & Watkins LLP and Herzog, Fox & Neeman served as authorized counsel to Stage Entry.

About Stage Entry

Stage Entry has an unparalleled historical past in serving to clients obtain and preserve compliance with the total scope of accessible know-how rules and requirements together with the ADA, WCAG, CVAA, AODA, EU directives on digital accessibility, and Part 508. Delivered via a complete suite of software program, professional providers, and coaching, the corporate’s answer ensures clients’ web sites, desktop and cellular functions, embedded software program, gaming software program, digital merchandise, and digital paperwork are accessible to everybody. To be taught extra, go to levelaccess.com.

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About UserWay

UserWay is a full-service supplier of digital accessibility software program options. UserWay is trusted by tens of millions of internet sites globally to extend usability for individuals with disabilities. The corporate’s Al-powered applied sciences assist web sites, apps, and digital paperwork extra readily obtain compliance with accessibility rules, such because the ADA, Part 508, AODA and EAA, and internationally acknowledged requirements equivalent to WCAG 2.2, and EN 301 549. Be taught extra at UserWay.org.

View supply model on businesswire.com: https://www.businesswire.com/information/house/20231230727471/en/

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Contacts

Stage Entry
Nicole McTheny
Senior Director, Content material and Communications
nicole.mctheny@levelaccess.com
(602) 339-1569

UserWay
Sophia Tupolev-Luz
VP Communications
sophia@userway.org
UserWay.org

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