Couchbase, Inc., the developer data platform for critical applications in our AI world, announced that it has entered into a definitive agreement to be acquired by Haveli Investments, a technology focused investment firm, in an all-cash transaction valued at approximately $1.5 billion.
Under the terms of the Agreement, Couchbase stockholders will receive $24.50 per share in cash. This represents a premium of approximately 67% to the closing stock price of March 27, 2025, the last full trading day prior to the announcement of Haveli’s investment into Couchbase, and a 29% premium to Couchbase’s closing stock price on June 18, 2025, the last full trading day prior to the transaction announcement. Upon completion of the transaction, Couchbase will become a privately-held company.
“Couchbase has been at the forefront of modern database technology, empowering developers and enterprises to build high-performance applications,” said Matt Cain, Chair, President and CEO of Couchbase. “Today’s announcement marks a significant milestone for our stockholders and an exciting new chapter for Couchbase. Haveli’s investment is a strong affirmation of our market position and our future potential, and we are thrilled to partner with Haveli to accelerate our vision and deliver even greater value to our customers.”
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“The data layer in enterprise IT stacks is continuing to increase in importance as a critical enabler of next-gen AI applications,” said Sumit Pande, Senior Managing Director at Haveli Investments. “Couchbase’s innovative data platform is well positioned to meet the performance and scalability demands of the largest global enterprises. We are eager to collaborate with the talented team at Couchbase to further expand its market leadership.”
“We are excited to combine Haveli’s operational expertise in scaling enterprise software organizations with Couchbase‘s strong product leadership to deliver high performance database solutions to the developer and enterprise customer base globally,” added Marissa Tarleton, Senior Managing Director at Haveli Investments.
Source: PRNewswire
