OneStream Goes Private, Navan at 4x ARR: Are The IPO Markets Really That Open? So this week, OneStream announced it’s going private. Just 17 months after its IPO.Let that sink in.KKR took OneStream public in July 2024 at a $6 billion valuation. The stock opened 29% above its $20 listing price. Everyone celebrated. The IPO window was “open” again.Now? Hg Capital is buying it for $6.4 billion. A 31% premium to where the stock was trading. Which sounds great until you realize the stock had fallen 35% from its ...