Announced

Hg to acquire OneStream in a $6.4bn deal.

Synopsis

Hg, a private equity firm, agreed to acquire OneStream, an enterprise finance management platform, in a $6.4bn deal. "Today marks a pivotal moment for OneStream and our vision to be the operating system for modern Finance. The Office of the CFO is at a critical AI inflection point, and we believe OneStream is well positioned for this shift. As we build on our strong foundation of growth, we are thrilled to partner with the teams at Hg, General Atlantic and Tidemark. Through this partnership, we are able to significantly advance our AI-first go-to-market strategy and expand our Finance AI capabilities at a rapid pace. This transaction delivers immediate value to our shareholders and is a vote of confidence in our strategy, our talented employees and our partner ecosystem. We look forward to having the ability to move faster, think bigger and deliver more for our forward-thinking Finance customers," Tom Shea, OneStream CEO.

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