OneStream announces completion of acquisition by HG for $6.4B

OneStream (OS) announced the completion of its acquisition by Hg. Minority investors include General Atlantic and Tidemark. The all-cash transaction values OneStream at approximately $6.4B in equity value. With the completion of the transaction, OneStream’s Class A common stock has ceased trading on the NASDAQ. Backed by investors with deep expertise in scaling category-leading platforms for the Office of the CFO, OneStream is now privately held, with Tom Shea continuing to serve as CEO and the current OneStream leadership team remaining in place.