Hg Capital Agrees to $6.4 Billion Take-Private Deal for OneStream
Hg Capital is acquiring financial software company OneStream in a $6.4 billion all-cash deal, resulting in a 28% jump in OneStream's shares. The deal includes minority investments from General Atlantic and Tidemark, and aims to accelerate AI-driven financial forecasting innovations. This follows OneStream's recent IPO and reflects ongoing recovery in global M&A activity despite economic uncertainties.
