Key facts
- Thoma Bravo will acquire Accelerant in an all-cash deal.
- The transaction is valued at over $4 billion.
- Accelerant operates as an insurance marketplace.
- The deal is subject to regulatory approval and standard closing conditions.
Private equity firm Thoma Bravo is set to acquire Accelerant, an insurance marketplace, in an all-cash transaction valued at over $4 billion. The deal, announced on Thursday, is contingent upon regulatory review and other standard closing conditions. Thoma Bravo, known for its strategy of acquiring technology companies with significant recurring revenue, aims to leverage its expertise to scale Accelerant as an independent business. This acquisition aligns with Thoma Bravo's focus on technology franchises and its buy-and-build approach. Accelerant will receive leadership and resources to expand its digital banking platform and mobile solutions, catering to the growing digital banking channel within the financial services industry.