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Hg Acquires OneStream in $6.4 Billion Take-Private Deal
Hg agrees to buy OneStream in a $6.4 billion all-cash take-private deal
What happened
* Private equity firm Hg agreed to acquire OneStream in an all-cash deal valuing the company at about $6.4 billion.
* OneStream shareholders are set to receive $24 per share, a 31% premium to the prior close, and the deal is expected to close in the first half of 2026.
* General Atlantic and Tidemark are expected to become minority investors, and J.P. Morgan advised OneStream.
Why it matters for markets
* It is a big vote of confidence in CFO and finance transformation software, and it can re-rate the…
The skinny
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