OneStream Completes $6.4 Billion Acquisition by Hg, Delists from Nasdaq

summarizeSummary

OneStream, Inc. announced the completion of its acquisition by affiliates of Hg for approximately $6.4 billion, resulting in shareholders receiving $24.00 per share in cash and the company's delisting from Nasdaq.

check_boxKey Events

• Acquisition Finalized

  OneStream, Inc. has been acquired by affiliates of Hg for approximately $6.4 billion, transitioning the company to private ownership.

• Shareholders Receive Cash

  Holders of Class A and Class D common stock will receive $24.00 per share in cash, matching the current stock price.

• Delisting from Nasdaq

  Trading of OneStream's Class A common stock has been suspended, and the company will be delisted from Nasdaq and deregistered from public reporting.

• New Debt Financing

  The parent company secured new debt facilities totaling $2.25 billion, including a $1.4 billion term loan, a $250 million revolving credit facility, and a $600 million delayed draw term loan, to help fund the acquisition.

auto_awesomeAnalysis

This filing confirms the consummation of the previously announced acquisition of OneStream, Inc. by affiliates of Hg. The transaction, valued at approximately $6.4 billion, means that OneStream is now a privately held entity. Public shareholders will receive $24.00 per share in cash, aligning with the current market price and indicating the market had fully priced in the acquisition. The immediate suspension of trading and subsequent delisting from Nasdaq fundamentally alters the investment thesis, as the company will no longer be publicly traded. This marks a complete change in control and a significant capital event, funded by a combination of equity contributions and new debt facilities totaling $2.25 billion.