Accelerant soars on $4 bln Thoma Bravo take-private deal - ARX News | RalliesAccelerant soars on $4 bln Thoma Bravo take-private deal
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ARX• Accelerant agrees to be taken private by Thoma Bravo
- Insurance marketplace Accelerant Holdings' ARX.N shares rise 44.1% to $19.6 premarket
- Co agrees to be taken private by private equity firm Thoma Bravo in an all-cash deal worth more than $4 bln
- Shareholders will receive $20.25 per share in cash, nearly a 49% premium to its last close of $13.61
- The deal is expected to close in the first half of 2027, ending ARX's short stint in public markets after its IPO last year
- Co's largest investor, Altamont Capital Partners, and the company's founders plan to retain equity ownership alongside Thoma Bravo
- As of last close, stock down 16.8% YTD
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