Jan. 6 at 8:26 PM
OneStream agreed to be acquired by private-equity firm Hg Capital in a
$6.4 billion deal just over a year after its IPO. Shareholders will receive
$24 per share in cash, a 31% premium to the prior close, with the transaction expected to close in the first half of 2026.
The announcement sent OneStream shares up about 28%, marking the stock’s biggest one-day gain on record. The buyout follows a difficult year for the financial software company, which has faced slowing growth and weaker software spending amid macroeconomic uncertainty. Over the past 12 months, OneStream shares had fallen roughly 33%, compared with a 17% gain for the S&P 500.
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