Aug 13 (Reuters) – Accelerant said on Thursday that private equity firm Thoma Bravo will take the insurance marketplace private in an all-cash deal worth more than $4 billion.
Shareholders of Accelerant will receive $20.25 per share in cash, representing a 49% premium over its previous closing price.
The deal, expected to close in the first half of 2027, will end Accelerant’s short stint in public markets after its New York listing last year.
Altamont Capital Partners, Accelerant’s largest investor, and the company’s founders plan to retain equity ownership alongside Thoma Bravo.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Vijay Kishore)
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