Accelerant to Go Private in $4.4 Billion Deal
Data-driven risk exchange agrees to acquisition by private-equity firm Thoma Bravo.
Accelerant, a data-driven risk exchange, has agreed to be acquired by private-equity firm Thoma Bravo in a deal valued at over $4 billion. The transaction will take Accelerant private.
Thoma Bravo is a prominent private-equity firm with a focus on software and technology companies. Accelerant operates as a technology-enabled insurance platform, providing underwriting and other services to a network of insurance carriers and intermediaries. The company leverages data analytics to assess and manage risk.
Details of the transaction were not immediately disclosed, but the agreement marks a significant valuation for Accelerant. The deal is expected to be finalized in the coming months, subject to customary closing conditions. Following the completion of the transaction, Accelerant will operate as a privately held company under Thoma Bravo's ownership.