Accelerant (NYSE: ARX) has entered into a definitive agreement with Thoma Bravo to transition into a privately held company through an all-cash transaction valued at over $4 billion.
Accelerant's Class A and Class B stockholders will receive $20.25 per share in cash, marking a 49 percent premium over the company's closing share price on August 12, 2026.
The transaction is anticipated to be finalized in the first half of 2027, after which Accelerant will no longer be listed or traded on the New York Stock Exchange.
Morgan Stanley & Co. LLC is acting as the exclusive financial advisor to Accelerant's Board of Directors.
“Accelerant has been building the preeminent specialty insurance marketplace since our founding in 2018,” said Jeff Radke, Chairman and CEO of Accelerant. “Returning to private ownership with Thoma Bravo’s technology and software expertise, coupled with its vast financial and strategic resources, will enable us to make investments that further position our unique, data fueled platform to be the rails on which specialty insurance runs.”