Hg Capital Acquires OneStream in $6.4 Billion Deal

In a significant move, buyout firm Hg Capital has agreed to acquire financial software maker OneStream in an all-cash deal worth $6.4 billion. This acquisition marks a major milestone for OneStream, which is expected to enhance its market presence and expand its offerings in the financial software industry.

Background on OneStream

OneStream is a leading provider of cloud-based financial planning and analysis (FP&A) solutions. The company's software enables organizations to streamline their financial processes, improve decision-making, and reduce costs. With a strong track record of innovation and customer satisfaction, OneStream has established itself as a prominent player in the FP&A market.

Hg Capital: A Prominent Buyout Firm

Hg Capital is a global investment firm that specializes in buying and growing businesses across various industries. The firm's investment strategy focuses on identifying undervalued companies with strong growth potential, and then providing them with the necessary support to achieve their goals.

With a diverse portfolio of investments, Hg Capital has demonstrated its expertise in supporting companies across different sectors. This acquisition of OneStream is a significant addition to the firm's portfolio, demonstrating its commitment to investing in innovative technologies and expanding its market presence.

Terms of the Acquisition

The terms of the acquisition were not disclosed, but the deal is valued at $6.4 billion, which represents a premium to OneStream's current market capitalization. The all-cash deal is expected to be completed soon, subject to customary regulatory approvals and other closing conditions.

Benefits for OneStream

For OneStream, this acquisition presents several benefits, including:

• Increased financial resources: The investment from Hg Capital will provide OneStream with the necessary funding to continue investing in its products and services.
• Enhanced market presence: The acquisition is expected to enhance OneStream's market presence, enabling it to expand its customer base and increase its competitiveness.
• Access to new technologies: Hg Capital's expertise and resources are likely to bring new technologies and innovations to OneStream, further enhancing its offerings.

Implications for the Financial Software Industry

The acquisition of OneStream by Hg Capital is significant for several reasons:

• Increased competition: The deal is expected to lead to increased competition in the FP&A market, driving innovation and improving customer satisfaction.
• New opportunities for growth: With its strong brand and innovative products, OneStream is well-positioned to capitalize on emerging trends and technologies in the financial software industry.

Conclusion

The acquisition of OneStream by Hg Capital represents a significant milestone for both companies. For OneStream, this deal provides the necessary funding and support to continue driving innovation and growth. For Hg Capital, it marks an important addition to its portfolio, demonstrating the firm's expertise in investing in innovative technologies and expanding its market presence.

As the financial software industry continues to evolve, companies like OneStream are well-positioned to capitalize on emerging trends and technologies. With its strong brand and innovative products, OneStream is expected to remain a leader in the FP&A market for years to come.