SAN JOSE, California – September 24, 2025 / PR NEWSWIRE / – Couchbase, Inc. (“Couchbase”), the developer data platform for critical applications in our AI world, today announced the completion of its acquisition by Haveli Investments in an all-cash transaction valued at approximately $1.5 billion.
The transaction was previously announced on June 20, 2025, and was approved by Couchbase’s stockholders at a special meeting held on September 9, 2025. With the completion of the acquisition, Couchbase will now be a privately held company, and stockholders are entitled to receive $24.50 per share of Couchbase common stock owned immediately prior to closing. Couchbase’s common stock has ceased trading and will be delisted from the Nasdaq Stock Market.
“The closing of the Haveli acquisition marks an exciting new chapter for Couchbase,” said Matt Cain, Chair, President and CEO of Couchbase. “Couchbase is at the forefront of modern database technology, empowering developers and enterprises to build high-performance applications, and our partnership with Haveli affirms our strong market position and future potential. We are excited to work with Haveli to accelerate our vision and deliver even more value to our customers.”
“We are eager to embark on this partnership and further accelerate Couchbase’s growth and innovation,” said Sumit Pande, Senior Managing Director at Haveli Investments. “The combination of Couchbase’s strong product leadership with Haveli’s expertise in scaling enterprise software organizations, positions us well to expand market leadership while continuing to meet the performance and scalability demands of customers.”
Advisors
Morgan Stanley & Co. LLC served as exclusive financial advisor to Couchbase, and Wilson Sonsini Goodrich & Rosati, Professional Corporation served as legal counsel.
Latham & Watkins LLP served as legal counsel and Jefferies LLC served as the lead financial advisor to Haveli Investments.