Couchbase Acquired for $1.5 Billion

By Philip Seaworth • Wednesday, September 24 15:36 • Permanent Link

Couchbase, Inc. has announced the completion of its acquisition by Haveli Investments in an all-cash transaction valued at approximately $1.5 billion. The acquisition, which was previously announced on June 20, 2025, was approved by Couchbase's stockholders at a special meeting held on September 9, 2025. Following the acquisition, Couchbase will now be a privately held company, and stockholders are entitled to receive $24.50 per share of Couchbase common stock owned immediately prior to closing.

The announcement quotes Matt Cain, the Chair, President, and CEO of Couchbase, stating that the closing of the acquisition marks an exciting new chapter for the company. Sumit Pande, Senior Managing Director at Haveli Investments, expressed eagerness to embark on the partnership and further accelerate Couchbase's growth and innovation.

In terms of advisors, Morgan Stanley & Co. LLC served as the exclusive financial advisor to Couchbase, while Wilson Sonsini Goodrich & Rosati, Professional Corporation, served as legal counsel. Latham & Watkins LLP served as legal counsel, and Jefferies LLC served as the lead financial advisor to Haveli Investments.

Couchbase, described as the developer data platform for critical applications in the AI world, is focused on leading with Capella, the developer data platform architected for critical applications in the AI world. The company aims to empower 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.

Haveli Investments, an Austin-based private equity firm with a focus on the technology sector, seeks to invest in high-quality companies with a focus on software, data, gaming, and adjacent industries. The firm aims to partner with innovative companies, entrepreneurs, and management teams throughout a company’s life cycle, providing operational and strategic support to drive innovation and increase growth, scale, and operating margins. As a result of these announcements, the company's shares have moved 0.04% on the market, and are now trading at a price of $24.51. For the full picture, make sure to review Couchbase's 8-K report.

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