Vaso sells NetWolves to COEO
Analysis based on 6 articles · First reported Aug 03, 2026 · Last updated Aug 03, 2026
The sale allows Vaso to sharpen its focus on its core healthcare operations, potentially improving operational efficiency and investor perception. The $14.5 million cash infusion provides liquidity, though the divestiture reduces revenue from the IT segment.
Vaso Corporation completed the sale of its managed network services business, NetWolves Network Services LLC, to COEO Solutions, LLC on July 31, 2026. The transaction, structured as a sale of equity, was valued at $14.5 million in cash, subject to customary post-closing adjustments. This divestiture completes Vaso's exit from its IT segment under VasoTechnology, Inc., following the earlier sale of VasoHealthcare IT Corp. in November 2025. Vaso will now focus on its healthcare businesses, VasoHealthcare IT Corp and VasoMedical. COEO, a provider of managed network and cloud communications solutions, will take over NetWolves' operations. DAK-Gesundheit served as financial advisor and Barley Snyder LLP as legal counsel to Vaso. Vaso filed a Form 8-K with the SEC on July 31, 2026, disclosing the transaction.
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