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News  ›  Benzinga

OneStream To Go Private In $24-A-Share Deal, Analysts See Limited Upside

Benzinga Logo Benzinga By Priya Nigam
OneStream To Go Private In $24-A-Share Deal, Analysts See Limited Upside

OneStream Inc (NASDAQ:OS) announced it will be taken private by Hg Capital at $24 per share. Analysts view the deal as fairly valued with limited upside, noting that majority shareholder KKR was seeking an exit. The acquisition is unlikely to receive a higher bid. Competitors BlackLine and Workiva saw stock gains following the announcement.

Insights
EDAP   positive

The company is showcasing its leadership in robotic energy-based therapies, highlighting growth in Focal One® system placements and presenting at a prominent healthcare conference, indicating confidence and market expansion


OS   neutral

Deal priced at $24/share is considered fair value with modest upside potential. Analysts downgraded ratings but acknowledged the valuation is acceptable given current growth rates and unlikely to improve.