Couchbase to be Acquired by Haveli Investments for $1.5 Billion

Whats Happening:

Couchbase, Inc., a developer data platform provider, has entered into a definitive agreement to be acquired by Haveli Investments, a technology-focused investment firm. The all-cash transaction is valued at approximately $1.5 billion, with Couchbase stockholders set to receive $24.50 per share. Upon completion of the transaction, Couchbase will transition from a public company to a privately-held entity.

Key Moves:

• Couchbase agrees to be acquired by Haveli Investments for $1.5 billion

• Stockholders to receive $24.50 per share in cash

• Couchbase to become a privately held company post-acquisition

By The Numbers:

• $1.5 billion: Total value of the all-cash transaction

• $24.50: Per share price for Couchbase stockholders

• 67%: Premium to Couchbase's closing stock price on March 27, 2025

Key Quotes:

• "Today's announcement marks a significant milestone for our stockholders and an exciting new chapter for Couchbase," said Matt Cain, Chair, President and CEO of Couchbase.

• "The data layer in enterprise IT stacks is continuing to increase in importance as a critical enabler of next-gen AI applications," said Sumit Pande, Senior Managing Director at Haveli Investments.

• "We are excited to combine Haveli's operational expertise in scaling enterprise software organizations with Couchbase's strong product leadership," added Marissa Tarleton, Senior Managing Director at Haveli Investments.

Bottom Line:

The acquisition of Couchbase by Haveli Investments represents a significant development in the database technology sector. This $1.5 billion deal underscores the growing importance of data platforms in enabling next-generation AI applications. For Couchbase, the transition to a private company under Haveli's ownership could provide new opportunities for growth and innovation in the rapidly evolving field of enterprise data management.

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