Accelerant to be acquired by Thoma Bravo

Risk exchange platform Accelerant has entered into a definitive agreement with Thoma Bravo to become a privately held company in an all-cash transaction with an enterprise value of more than $4 billion.

Under the terms of the agreement, Accelerant Class A and Class B stockholders will receive $20.25 per share in cash, representing a 49% premium to Accelerant’s closing share price on August 12, 2026. The transaction is currently expected to close in the first half of 2027.

Accelerant became a public company last year, with the company and some of its shareholders raising ~$724 million at a $6.4 billion valuation.

“Accelerant has been building the preeminent specialty insurance marketplace since our founding in 2018. Returning to private ownership with Thoma Bravo’s technology and software expertise, coupled with its vast financial and strategic resources, will enable us to make investments that further position our unique, data fueled platform to be the rails on which specialty insurance runs.” – Jeff Radke, Chairman and CEO of Accelerant.

“We have immense admiration for Jeff, his team and the business they’ve built. As the MGA market continues to grow, underwriters are looking for a committed technology-forward partner who can unlock rapid program growth and underwriting innovation. We’ve invested in insurance technology and data businesses for years, and we’re excited to work alongside the entire Accelerant team.” – A.J. Rohde, Senior Partner at Thoma Bravo.