Accelerant Holdings agrees to be acquired by Thoma Bravo affiliates for $20.25 a share
Accelerant Holdings signed a merger agreement on August 13, 2026, under which Merger Sub will merge into the company and it will become a wholly owned subsidiary of Cherry Tree BidCo, an affiliate of Thoma Bravo Discover Fund V, L.P. Shareholders would receive $20.25 in cash per share, plus a possible ticking amount, and the Class A shares would be delisted from the New York Stock Exchange if the merger closes.
Key points
- Merger consideration is $20.25 in cash per share, plus a possible ticking amount of $0.00333 per share for each calendar day after the Ticking Amount Start Date
- Go-shop period runs until 11:59 p.m. Eastern on September 22, 2026, after which no-shop restrictions apply
- Closing requires approval by at least two-thirds of votes cast by shareholders entitled to vote, HSR clearance, and specified insurance regulatory approvals; the financing is not a closing condition
- Merger must close by August 13, 2027, with an automatic extension to November 13, 2027 in certain circumstances
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.