Couchbase's Shareholders Greenlight $1.5 Billion Acquisition by Haveli Investments

Couchbase Shareholders Approve Acquisition by Haveli Investments

On September 10, 2025, Couchbase, Inc. announced a significant milestone in its corporate journey as shareholders voted overwhelmingly to approve its acquisition by Haveli Investments. This all-cash transaction is valued at an impressive $1.5 billion and marks a pivotal shift for Couchbase, transitioning it from a publicly traded entity to a privately held company.

The announcement comes on the heels of a prior disclosure made on June 20, 2025, regarding the proposed acquisition. As part of the agreement, Couchbase's shareholders will receive $24.50 for each share they own before the closure of the deal. Following this acquisition, Couchbase’s common stock will cease trading and will be officially delisted from the Nasdaq Stock Market.

The official election results, providing comprehensive details of the shareholder vote, have been filed in a current report on Form 8-K with the U.S. Securities and Exchange Commission (SEC). The completion of the acquisition is anticipated to occur after securing the required regulatory approvals and fulfilling customary closing conditions required for such transactions.

Advisory Teams

The financial landscape surrounding this acquisition involved significant advisory support. Morgan Stanley & Co. LLC acted as the exclusive financial advisor for Couchbase. Legal counsel was provided by Wilson Sonsini Goodrich & Rosati, along with Latham & Watkins LLP serving as legal counsel for Haveli Investments. Jefferies LLC took on the role of lead financial advisor to Haveli, signaling a robust strategic collaboration.

About Couchbase

In an era where artificial intelligence (AI) is rapidly reshaping various industries, Couchbase has positioned itself at the forefront of this transformation by developing a powerful developer data platform. Traditional database systems often struggle to meet the increasing demands for versatility, scalability, and cost-effectiveness required in today’s applications. With its unique Capella platform, Couchbase is adept at managing critical applications seamlessly across transactional, analytical, mobile, and AI workloads.

By unifying these various aspects, Couchbase empowers developers and businesses to build and scale applications and AI agents confidently. The result is enhanced performance, excellent scalability, and improved cost efficiency, making Couchbase a cornerstone for businesses looking to unlock innovation and accelerate their AI transformations. The platform promises to redefine user experiences, providing the backbone for essential everyday applications.

More insights about Couchbase can be found at www.couchbase.com and through their social media channels on LinkedIn and X, where they share updates and innovations.

About Haveli Investments

Haveli Investments, based in Austin, operates as a private equity firm focusing on acquiring high-quality technology companies. The firm pursues a variety of investment strategies, encompassing control, minority, and structured equity as well as debt investments. Their focus areas include software, data, gaming, and associated industries, showcasing a commitment to innovation.

Haveli Investments prides itself on fostering inclusivity and sustainability within its partnerships, emphasizing operational and strategic support for its portfolio companies. The company aims to collaborate closely with innovative firms throughout their lifecycle, enhancing growth, scaling operations, and improving operating margins. For additional details about Haveli Investments, prospective partners can visit www.haveliinvestments.com or follow them on LinkedIn.

Looking Forward

This acquisition, while promising, is not without its risks. As with any major corporate transaction, various conditions must be satisfied to finalize the deal. Potential uncertainties, including regulatory approvals and market reactions, could impact the timeline and outcome of the merger. Couchbase is dedicated to overcoming these challenges as it enters this new chapter under Haveli’s leadership, aiming to continue its growth trajectory in the evolving tech landscape.