|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13.08.26 - 13:30
|
Accelerant Announces Second Quarter 2026 Results (Business Wire)
|
|
|
Accelerant Cancels Earnings Conference Call Following Announcement of Agreement with Thoma Bravo to Become a Private Company
Second Quarter 2026 Results
Exchange Written Premium of $1.32 billion grew 23% year-over-year
Third-Party Direct Written Premium accounted for 47% of Exchange Written Premium volume
Pre-tax income of $87 million, net income of $80 million, and net income per diluted share of $0.36
Adjusted net income of $70 million increased 165% over the prior year, and adjusted net income per diluted share of $0.32 increased 146% over the prior year
Adjusted EBITDA of $93.1 million and adjusted EBITDA margin was 30.6%, up from 29.0% in the prior year
Repurchased 4,725,968 Class A common shares for $66 million; the company has approximately $123 million of remaining authorization under its share repurchase program
ATLANTA--(BUSINESS WIRE)--Accelerant Holdings (NYSE: ARX), the data-driven risk exchange platform transforming the specialty insurance marketplace through the Accelerant Risk Exchange, to...
|
|
|
|
|
|
|
|
|
13.08.26 - 12:36
|
Accelerant Enters into Definitive Agreement to be Acquired by Thoma Bravo (Business Wire)
|
|
|
Accelerant Shareholders to Receive $20.25 per Share in Cash, Representing a 49% Premium to Accelerant's Closing Share Price on August 12, 2026ATLANTA--(BUSINESS WIRE)--Accelerant (NYSE: ARX), the data-driven risk exchange platform transforming the specialty insurance marketplace through the Accelerant Risk Exchange, today announced that it has entered into a definitive agreement with Thoma Bravo to become a privately held company in an all-cash transaction with an enterprise value of more than $4 billion.
Under the terms of the agreement, Accelerant Class A and Class B stockholders will receive $20.25 per share in cash, representing a 49% premium to Accelerant's closing share price on August 12, 2026.
“Accelerant has been building the preeminent specialty insurance marketplace since our founding in 2018,” said Jeff Radke, Chairman and CEO of Accelerant. “Returning to private ownership with Thoma Bravo's technology and software expertise, coupled with its vast financial and strategic resources, wi...
|
|
|
|
|
|
|
|
|
|
|
|
|
|