Accelerant Enters Into Definitive Agreement To Be Acquired By Thoma Bravo
ARX•Accelerant agrees to be acquired by Thoma Bravo
Aug. 13 (Reuters) - Accelerant Holdings ARX.N said it has entered into a definitive agreement to be acquired by Thoma Bravo.
- Accelerant shareholders are to receive $20.25 per share in cash, a 49% premium to Aug. 12, 2026.
- The deal implies an enterprise value of more than $4 billion.
- The transaction is an all-cash deal with an enterprise value of more than $4 billion.
- Shareholders are to receive a 6% per annum ticking fee if closing is delayed by regulatory approvals.
- Altamont Capital Partners and founders are to retain equity ownership alongside Thoma Bravo.
- Accelerant said the transaction is not subject to any financing condition as Thoma Bravo has provided an equity commitment to fund the purchase.
- Altamont Capital Partners entities holding 82% of voting rights have agreed to vote in favor of the deal.
