Thoma Bravo to Acquire Accelerant for $20.25/Share in Cash, a 49% Premium

summarizeSummary

Accelerant Holdings agreed to be acquired by Thoma Bravo for $20.25 per share in cash, a 49% premium, valuing the company at over $4 billion. The deal is expected to close in the first half of 2027.

check_boxKey Events · M&A and Partnerships · ARX

• Definitive Merger Agreement with Thoma Bravo

  Accelerant entered into a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction with an enterprise value of more than $4 billion.

• Cash Consideration of $20.25 Per Share

  Class A and Class B shareholders will receive $20.25 per share in cash, representing a 49% premium to the August 12, 2026 closing price.

• Strong Voting Support and No Financing Condition

  Altamont Capital Partners, holding approximately 82% of outstanding voting rights, has agreed to vote in favor. Thoma Bravo has provided an equity commitment, so the deal is not subject to a financing condition.

• Expected Closing in First Half of 2027

  The transaction is subject to shareholder approval and regulatory approvals, with a 6% per annum ticking fee if closing is delayed by certain pending insurance regulatory approvals.

auto_awesomeAnalysis · ARX · Finance

Accelerant Holdings has agreed to be acquired by Thoma Bravo in an all-cash deal valuing the company at over $4 billion. Shareholders will receive $20.25 per share, a 49% premium to the last closing price. The transaction is backed by an 82% voting commitment from Altamont Capital Partners and is not subject to a financing condition. The deal is expected to close in the first half of 2027, subject to shareholder and regulatory approvals. The company also reported strong Q2 results, with adjusted EBITDA up 46% year-over-year, but canceled its earnings call and withdrew guidance due to the pending transaction.