OneStream Sold for $6.4 Billion at $24 Per Share, Stock Delisted
OneStream has been acquired by Hg in an all-cash deal valuing equity at $6.4 billion, with shareholders receiving $24 per share and Class A common stock ceasing NASDAQ trading. CEO Tom Shea continues to lead OneStream as it scales its Finance AI platform after doubling AI customers in 2025.
1. Acquisition Terms
Hg completed an all-cash acquisition of OneStream valuing the company at approximately $6.4 billion in equity value. Under the merger agreement, OneStream shareholders received $24.00 per share in cash and Class A common stock ceased trading on NASDAQ following required approvals.
2. Management Continuity
Tom Shea remains CEO and the current OneStream leadership team continues in their roles. Minority investors General Atlantic and Tidemark retain stakes alongside Hg, ensuring continuity in governance and operational oversight.
3. AI Customer Growth
OneStream reported more than doubling its AI customer base year over year in 2025, driven by adoption of its embedded Finance AI and Agentic AI solutions. The company now serves over 1,800 customers, including 18% of the Fortune 500, across its Digital Finance Cloud platform.
4. Strategic Outlook
With Hg's backing, OneStream plans to accelerate global innovation and scale its unified finance and operational platform. Management emphasizes positioning OneStream as the operating system for modern finance, targeting further AI-driven product enhancements and expanded go-to-market reach.