Thoma Bravo to Take Accelerant Private in More than $4 Billion Deal
Shareholders will get $20.25 a share in cash, a 49% premium, as the insurance marketplace leaves the public markets after a year-long listing.
- On Thursday, private equity firm Thoma Bravo announced a definitive agreement to acquire insurance marketplace Accelerant in an all-cash deal valued at more than $4 billion, taking the company private.
- Accelerant's stock has struggled since its listing, trading well below its $21 initial public offering price, prompting the shift to private ownership away from public market pressures.
- Shareholders will receive $20.25 per share, representing a 49% premium over the August 12 closing price; Altamont Capital Partners, Accelerant's largest investor, holds approximately 82% of voting rights and agreed to support the deal.
- The deal is expected to close in the first half of 2027, subject to regulatory approvals; shareholders will receive a 6% per annum ticking fee if closing is delayed by regulatory requirements.
- Thoma Bravo, managing more than $172 billion in assets, leverages deep software and insurance technology expertise; the firm has invested in approximately 590 companies over 20-plus years, positioning it to drive Accelerant's growth.
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Thoma Bravo to take Accelerant private in more than $4 billion deal
Las Vegas Sun
Business WireAccelerant Enters into Definitive Agreement to be Acquired by Thoma Bravo
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Thoma Bravo To Acquire Accelerant.
Skadden is acting as an advisor to Thoma Bravo in connection with its more than $4 billion acquisition of Accelerant. The transaction, which is currently expected to close in the first half of 2027, is subject to customary closing conditions. Thoma Bravo is a software-focused investment firm. Accelerant operates the Accelerant Risk Exchange, a platform that connects specialty insurance underwriters with risk capital providers through analytics, …
Insurance software provider Accelerant to be taken private for $4.4B
Accelerant Holdings Inc., a provider of software for the specialty insurance market, has agreed to be taken private by Thoma Bravo. The companies announced the $4.4 billion transaction today. It values Accelerant at $20.25 per share, a 49% premium to its last unaffected stock price. Specialty insurance covers high-value items that usually aren’t protected by […] The post Insurance software provider Accelerant to be taken private for $4.4B appear…
The US-Insurtech Accelerant is about to withdraw from the public arena a year after its IPO. Private equity investor Thoma Bravo takes over the special insurance marketplace in a pure cash deal. The transaction assesses the Atlanta-based company with more than four billion US dollars. The contribution private equity giant pays over 4 billion dollars for Insurtech Accelerant first appeared on insurance business today.
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