# Accelerant Holdings (ARX) — merger/definitive [pending]
Source: SEC API (secapi.ai) · situation sit_661f6f579d5036fa0f4d · retrieved 2026-08-16T21:08:15.427Z

## Overview
Accelerant Holdings operates the Accelerant Risk Exchange, a data-driven platform connecting specialty insurance underwriters with risk capital providers through advanced analytics and real-time data.

Accelerant Holdings entered into a definitive Agreement and Plan of Merger with Thoma Bravo affiliates (Cherry Tree BidCo and Cherry Tree Merger Sub) on August 13, 2026. Under the terms, Accelerant Class A and Class B shareholders will receive $20.25 per share in cash, representing a 49% premium to the closing share price on August 12, 2026, with an enterprise value exceeding $4 billion. The transaction is expected to close in the first half of 2027, subject to shareholder approval and regulatory approvals. Entities affiliated with Altamont Capital Partners, holding approximately 82% of outstanding voting rights, have agreed to vote in favor. Upon completion, Accelerant will become a private company and cease trading on the NYSE.

## Terms
- Counterparty: Thoma Bravo Discover Fund V, L.P. · Deal value: $4.00B · Consideration: cash · Premium: 49.0% · Price/share: $20.25

## Key dates
- Announced 2026-08-13 · Expected close 2027-06-30

## Timeline
- 2026-08-13 · 8-K (0001193125-26-347925): 8-K - Accelerant Holdings — *Accelerant Holdings operates the Accelerant Risk Exchange, a data-driven platform connecting specialty insurance underwriters with risk capital providers through advanced analytics and real-time data.* Accelerant Holdings entered into a definitive Agreement and Plan of Merger with Thoma Bravo affiliates (Cherry Tree BidCo and Cherry Tree Merger Sub) on August 13, 2026. Under the terms, Accelerant Class A and Class B shareholders will receive $20.25 per share in cash, representing a 49% premium to the closing share price on August 12, 2026, with an enterprise value exceeding $4 billion. The transaction is expected to close in the first half of 2027, subject to shareholder approval and regulatory approvals. Entities affiliated with Altamont Capital Partners, holding approximately 82% of outstanding voting rights, have agreed to vote in favor. Upon completion, Accelerant will become a private company and cease trading on the NYSE.
  https://www.sec.gov/Archives/edgar/data/1997350/0001193125-26-347925.txt

## Citations
- 0001193125-26-347925 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526347925