Couchbase Shareholders Approve Acquisition by Haveli Investments

Core Viewpoint - Couchbase, Inc. has announced that its shareholders approved the acquisition by Haveli Investments in an all-cash transaction valued at $1.5 billion, marking Couchbase's transition to a privately held company [1][2]. Company Overview - Couchbase is a developer data platform designed for critical applications in the AI sector, offering a solution that integrates transactional, analytical, mobile, and AI workloads [5]. - The company aims to empower developers and enterprises to build and scale applications efficiently, enhancing performance, scalability, and cost-effectiveness [5]. Acquisition Details - The acquisition was initially announced on June 20, 2025, and shareholders will receive $24.50 per share of Couchbase common stock prior to the closing [2]. - Following the acquisition, Couchbase's common stock will cease trading and will be delisted from the Nasdaq Stock Market [2][3]. - The completion of the transaction is contingent upon receiving necessary regulatory approvals and meeting customary closing conditions [3]. Advisory Information - Morgan Stanley & Co. LLC acted as the exclusive financial advisor for Couchbase, while Wilson Sonsini Goodrich & Rosati provided legal counsel [4]. - Haveli Investments was advised by Latham & Watkins LLP and Jefferies LLC served as the lead financial advisor [4]. About Haveli Investments - Haveli Investments is a private equity firm based in Austin, focusing on high-quality technology sector investments, including software and data [6]. - The firm aims to partner with innovative companies and management teams, providing operational and strategic support to enhance growth and operating margins [6].