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Hg Capital to Acquire OneStream for $6.4 Billion

1/7/2026

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Story summary
  • Hg Capital, a private equity firm, has agreed to acquire OneStream, a financial software maker, for $6.4 billion in cash.
  • Shareholders will receive $24 per share, a 31% premium over OneStream's closing price.
  • The deal aims to bolster OneStream's AI innovation strategy as global M&A activity rebounded in 2025.
  • The deal is expected to close in the first half of 2026, with J.P. Morgan Securities advising OneStream.