KKR’s OneStream completes $465 million follow-on primary and secondary offering

Client(s) Kohlberg Kravis Roberts & Co. L.P.

Jones Day represented KKR in connection with OneStream, Inc.'s $465 million follow-on primary and secondary public offering of its publicly listed Class A Common Stock. The offering consisted of a primary offering of 5,993,052 shares of Class A Common Stock and a secondary offering of 9,006,948 shares of Class A Common Stock by selling shareholders, including certain KKR entities. Concurrent with the offering, OneStream used all of the proceeds from the primary offering to purchase 5,993,052 OneStream Software LLC units and an equal number of shares of Class C Common Stock from KKR in a synthetic secondary transaction.

OneStream delivers a unified, AI-enabled and extensible software platform––the Digital Finance Cloud––that modernizes and increases the strategic impact of the Office of the CFO. OneStream's Class A Common Stock is trading on the Nasdaq Global Select Market under the symbol “OS.”