M&A
confidence high
sentiment positive
materiality 1.00
Accelerant Holdings to be acquired by Thoma Bravo for $20.25 per share in cash
Accelerant Holdings
- Merger agreement: $20.25 per share cash, plus ticking amount of $0.00333/day after conditions met.
- Go-shop period until Sept 22, 2026; ACP shareholders holding ~82% voting rights support the deal.
- Termination fees: Company pays $56.9M (superior proposal) or $136.5M; Parent pays $295.8M.
- Closing expected by Aug 13, 2027, subject to shareholder approval and regulatory approvals; shares to be delisted.
- Thoma Bravo provides equity commitment; deal recommended by special committee of board.