Couchbase Acquired by Haveli Investments in $1.5B All-Cash Deal

Couchbase, a developer data platform, has completed its acquisition by Haveli Investments for approximately $1.5 billion in an all-cash transaction. The deal was previously announced in June and approved by Couchbase stockholders in September. The company will now be privately held, and its common stock will cease trading and be delisted from Nasdaq.

Couchbase, a leading developer data platform, has completed its acquisition by Haveli Investments in an all-cash transaction valued at approximately $1.5 billion. The deal, which was initially announced on June 20, 2025, was approved by Couchbase's stockholders at a special meeting held on September 9, 2025. With the acquisition now finalized, Couchbase will become a privately held company, and its common stock will cease trading and be delisted from the Nasdaq Stock Market.

Matt Cain, Chair, President, and CEO of Couchbase, expressed his excitement about the acquisition, stating, "The closing of the Haveli acquisition marks an exciting new chapter for Couchbase. We are excited to work with Haveli to accelerate our vision and deliver even more value to our customers." Sumit Pande, Senior Managing Director at Haveli Investments, echoed this sentiment, adding, "We are eager to embark on this partnership and further accelerate Couchbase's growth and innovation."

Couchbase, known for its Capella developer data platform, aims to lead in modern database technology by uniting transactional, analytical, mobile, and AI workloads into a seamless, fully managed solution. This acquisition will enable Couchbase to expand its market leadership and continue to meet the performance and scalability demands of its customers.

Haveli Investments, an Austin-based private equity firm, focuses on investing in high-quality companies in the technology sector. The firm seeks to partner with innovative companies, entrepreneurs, and management teams to drive growth, scale, and operating margins. Haveli's experienced team will provide operational and strategic support to Couchbase, allowing it to focus on innovation and increasing growth.

The acquisition was advised by Morgan Stanley & Co. LLC for Couchbase and Latham & Watkins LLP for Haveli Investments. Wilson Sonsini Goodrich & Rosati, Professional Corporation served as legal counsel for Couchbase, while Jefferies LLC acted as the lead financial advisor for Haveli Investments.

Haveli Investments Completes Acquisition of Couchbase^[1] https://www.morningstar.com/news/pr-newswire/20250924sf80436/haveli-investments-completes-acquisition-of-couchbase
Haveli Investment Management LLC completed the acquisition of Couchbase, Inc..^[2] https://www.marketscreener.com/news/haveli-investment-management-llc-completed-the-acquisition-of-couchbase-inc--ce7d58d2d888fe23
Haveli Investments Completes Acquisition of Couchbase^[3] https://finance.yahoo.com/news/haveli-investments-completes-acquisition-couchbase-123500978.html