Haveli Investments has completed its acquisition of Couchbase, Inc., a developer data platform, in an all-cash transaction valued at approximately $1.5 billion. The acquisition was previously announced in June and was approved by Couchbase stockholders in September. With the completion of the deal, Couchbase will now operate as a privately held company. Its common stock has been delisted from the Nasdaq Stock Market, and stockholders will receive $24.50 per share.
Haveli Investments has completed its acquisition of Couchbase, Inc.
The all-cash transaction is valued at approximately $1.5 billion.
Couchbase will now be a privately held company.
Couchbase's common stock has been delisted from Nasdaq.
Stockholders will receive $24.50 per share.
The acquisition is expected to accelerate Couchbase's growth and innovation.
The acquisition marks a new chapter for Couchbase, which is a key player in modern database technology for AI-driven applications. The partnership with Haveli Investments is expected to accelerate Couchbase's vision and enhance its value proposition to customers. Haveli, with its expertise in scaling enterprise software organizations, is well-positioned to help Couchbase expand its market leadership and meet the growing demands for performance and scalability in the AI era.
"The closing of the Haveli acquisition marks an exciting new chapter for Couchbase," said Matt Cain, Chair, President and CEO of Couchbase. "Couchbase is at the forefront of modern database technology, empowering developers and enterprises to build high-performance applications, and our partnership with Haveli affirms our strong market position and future potential. We are excited to work with Haveli to accelerate our vision and deliver even more value to our customers."
"We are eager to embark on this partnership and further accelerate Couchbase's growth and innovation," said Sumit Pande, Senior Managing Director at Haveli Investments. "The combination of Couchbase's strong product leadership with Haveli's expertise in scaling enterprise software organizations, positions us well to expand market leadership while continuing to meet the performance and scalability demands of customers."
As industries race to embrace AI, traditional database solutions fall short of rising demands for versatility, performance and affordability. Couchbase is seizing the opportunity to lead with Capella, the developer data platform architected for critical applications in our AI world. By uniting transactional, analytical, mobile and AI workloads into a seamless, fully managed solution, Couchbase empowers developers and enterprises to build and scale applications and AI agents with confidence – delivering exceptional performance, scalability and cost-efficiency from cloud to edge and everything in between. Couchbase enables organizations to unlock innovation, accelerate AI transformation and redefine customer experiences wherever they happen.
Couchbase®, the Couchbase logo and the names and marks associated with Couchbase's products are trademarks of Couchbase, Inc. All other trademarks are the property of their respective owners.
Haveli Investments is an Austin-based private equity firm that seeks to invest in the highest quality companies in the technology sector through control, minority or structured equity and debt investments with a focus on software, data, gaming and adjacent industries. The firm seeks to partner with innovative companies, entrepreneurs and management teams throughout a company's life cycle. Haveli's experienced team of investors and diverse industry experts will provide operational and strategic support, enabling portfolio companies to focus on driving innovation and increasing growth, scale and operating margins. Underscoring Haveli's investments is an unwavering focus on a culture of inclusivity and sustainability.
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