Couchbase, the developer data platform for critical applications in AI, 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. Wilson Sonsini Goodrich & Rosati is advising Couchbase on the transaction.
Under the terms of the agreement, Couchbase stockholders will receive $24.50 per share in cash, representing a 67 percent premium over the closing stock price on March 27, 2025, and a 29 percent premium over the price on June 18, 2025. The transaction is expected to close in the second half of 2025, pending stockholder and regulatory approvals, after which Couchbase will become a privately held company.
The Wilson Sonsini team that is advising Couchbase on the transaction includes:
Corporate - M&A
Rezwan Pavri
Marty Korman
Doug Schnell
Ross Tanaka
Stacy Lee
Orlando Hodges, Jr.
Valerie Lopez
Eleanor Bleecker
Chris Philogene
Corporate Finance
Dana Hall
Rick Titcomb
Corporate – Delaware
Brad Sorrels
Amy Simmerman
Jason Schoenberg
Teddy Kotler
Technology Transactions
Christopher Paniewski
Riley Lovendale
Mary O’Brien
Christopher Murray
Isabel Annino
Regina McLeod
Anna Weber
Stephanie Stark
Data, Privacy, and Cybersecurity
Matt Staples
Daniel Chen
Dantam Chan
Tax
Jonathan Zhu
Annie Jeong
Rob Sherrill
Employee Benefits and Compensation
Sriram Krishnamurthy
Matthew Norgard
Lori Howey
Brett Condie
Antitrust and Competition
Beau Buffier
Michelle Yost Hale
Kimberley Biagioli
Miata Eggerly
Employment Litigation
Matt Gorman
Chimene Cooper
National Security
Stephen Heifetz
Seth Cowell
Nimit Dhir
Bryan Poellot
Real Estate
Jim McCann
Martin Sul
Sean Wilkinson
Alexander Fischler
Moncarol Wang
Export Control
Tarek Helou
Anne Seymour
For more information, please see Couchbase's news release. Additional coverage can be found on Reuters.