OneStream, a leading enterprise Finance management platform, has entered into a definitive agreement to be acquired by Hg for approximately $6.4 billion, with plans to enhance its AI-driven financial solutions.

Information on the Target

OneStream, Inc. (Nasdaq: OS) is an established leader in providing an enterprise Finance management platform designed to modernize the Office of the CFO. By integrating core financial functions such as consolidation, reporting, planning, and forecasting, OneStream enables companies to enhance their operational efficiency. The firm has garnered an impressive customer base, counting over 1,700 organizations, including 18% of the Fortune 500, as users of its solutions.

Founded to help Finance teams transition from mere data reporting to proactive business management, OneStream's vision is to become the operating system for modern Finance. The company is headquartered in Birmingham, Michigan, and employs approximately 1,600 staff members. Recent developments indicate that OneStream is aligning itself for significant growth and innovation in an increasingly AI-centric landscape.

Industry Overview in the Target’s Specific Country

The enterprise software sector, particularly in the United States, is thriving due to continuous advancements in technology and increasing demand for efficiency and automation. Companies are looking to modernize the