In a thunderclap moment for the enterprise software world, private equity powerhouse Haveli Investments is set to acquire Couchbase Inc. in a bold $1.5 billion all-cash transaction, taking the AI-savvy database platform private and triggering shockwaves across Silicon Valley and Wall Street alike.
Announced Friday, the deal sees Haveli snapping up Couchbase at $24.50 per share, a generous 29% premium over the company’s Wednesday closing price and a staggering 67% surge from March 27—just before Haveli revealed its initial interest. With financial advisors, lawyers, and tech insiders watching closely, this acquisition underscores how data infrastructure is becoming the new oil in the AI era.
Couchbase: Powering the Engines of AI
Couchbase, advised by Wilson Sonsini Goodrich & Rosati PC, isn’t just another database firm. It’s an enterprise-grade platform known for combining transactional, analytical, mobile, and AI workloads into a single, managed data fabric. Think of it as the digital scaffolding upon which the next generation of AI agents and enterprise applications are built.
“This is a defining moment for our shareholders and the start of an exciting new chapter,” said Matt Cain, Couchbase’s chair, president, and CEO. “Haveli’s investment affirms our position as a market leader and accelerates our ability to innovate and deliver value at scale.”
