Key facts
- Thoma Bravo has agreed to acquire Accelerant.
- Accelerant is an insurance marketplace.
- The acquisition is an all-cash deal.
- The deal is valued at over $4 billion.
- Accelerant shareholders will receive $20.25 per share.
- This price represents a 49% premium over the previous closing price.
Thoma Bravo, a prominent private equity firm, has entered into an agreement to acquire Accelerant, an insurance marketplace. The transaction is an all-cash deal valued at more than $4 billion. Accelerant shareholders are set to receive $20.25 for each share they hold. This price reflects a substantial premium of 49% over Accelerant's most recent closing share price. The acquisition highlights the continued investor interest in technology-enabled insurance platforms and the significant capital being deployed by private equity in the sector. Accelerant operates as a marketplace for insurance, connecting various parties within the insurance ecosystem. The deal's structure as an all-cash transaction provides immediate liquidity for Accelerant's shareholders. This move by Thoma Bravo is consistent with its strategy of investing in software and technology-enabled businesses, often aiming to optimize and grow acquired companies.