Hg Capital Nears Deal to Take OneStream Private — Sources

Buyout firm Hg Capital is in advanced negotiations to acquire financial software maker OneStream Inc. and take the company private, Bloomberg News reported on Tuesday, citing people familiar with the matter. Reuters has not independently verified the report, and neither Hg nor OneStream immediately responded to requests for comment. This potential transaction follows earlier indications that OneStream was exploring strategic options, including a possible sale, after its share price struggled in public markets. Hg was previously mentioned among private equity firms considering bids for OneStream. Headquartered in Birmingham, Michigan, OneStream provides financial reporting and analytics software used by major corporations such as Toyota, UPS, News Corp and General Dynamics. The company has seen its shares decline over the past year, contributing to its attractiveness as a take‑private target. If completed, the deal would mark a significant private equity acquisition in the financial software sector, offering a potential exit for public shareholders and new strategic direction under private ownership. #HgCapital #OneStream #PrivateEquity #TakePrivate #SlimScan #GrowthStocks #CANSLIM