Hg Capital - OneStream

MN-55006

Hg Pooled Management Limited (**Hg Capital**) through a special purpose vehicle, Onward AcquireCo, Inc., proposes to acquire 100% of share capital in Onestream, Inc and OneStream Software LLC (together **OneStream**). Hg Capital is a private equity firm focussed on investment in Europe and the US. Hg Capital’s portfolio companies include GS Topco GP LLC (insightsoftware), Prophix Software Inc (Prophix), and LucaNet Group GmbH (LucaNet). These companies provide various enterprise performance management software solutions throughout Australia for financial consolidation, budgeting, analysis, and planning and management reporting. OneStream is a software provider offering a platform that unifies an enterprise's core financial functions and broader operation data and processes to increase the strategic impact of the Office of the CFO. OneStream's platform – the Digital Finance Cloud – provides capabilities centred on financial close and consolidation, and financial and operational planning and reporting (i.e. enterprise performance management).

Status

Assessment completed

Determination

Approved

Stage

Phase 1 - initial assessment

Notified

19 February 2026

Acquirers

  • Hg Pooled Management Limited
  • OnwardAcquireCo, Inc

Targets

  • OneStream, Inc.