Private equity firm Thoma Bravo agreed to acquire Accelerent, a provider of specialty insurance software, for $4 billion in cash, the companies said on Monday.
The transaction, expected to close in the second half of 2025, will be financed through a combination of debt and equity. Thoma Bravo, known for its investments in enterprise software and financial services, will take Accelerant private upon completion.
Accelerant specializes in underwriting and policy administration software for the specialty insurance market, serving clients in property, casualty and other niche segments. The company has not disclosed its revenue or profitability figures.
Thoma Bravo has not provided additional details on Accelerant’s operations or strategic plans post-acquisition. The deal reflects ongoing consolidation in the insurance technology sector, where private equity firms have increasingly targeted niche software providers.
The acquisition follows Thoma Bravo’s recent purchases in the insurance and financial services space, including a $2.2 billion deal for Duck Creek Technologies in 2021.
