Accelerant soars on $4 bln Thoma Bravo take-private deal
13/08/2026 13:22
BUZZ-Accelerant soars on $4 bln Thoma Bravo take-private deal ** 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
(Reporting by Anand Gopal in Bengaluru)