Zuora stock shifted to private ownership after $1.7 billion deal

Zuora stock moved into private ownership on February 14, 2025 after Silver Lake and GIC completed a $1.7 billion all-cash acquisition, according to Multiples. The transaction ended Zuora's public-market status and delisted its Class A common stock from the NYSE.

The buyout fixed the share value

The deal provided $10.00 per share and was announced on October 17, 2024. The consideration represented an 18 percent premium to Zuora's unaffected closing stock price and a 20 percent enterprise-value premium, according to Multiples.

Historical revenue of $450 million in October 2024 put the transaction at a reported 3.8x enterprise-value-to-revenue multiple. That comparison matters because the buyout price reflected a defined operating scale rather than a current exchange quotation.

Product reach expands in 2026

Zuora's September 22, 2026 product demonstration centered on AI monetization, payments, revenue operations and usage-based models, according to Zuora. The presentation described Zuora Payments as supporting over 1,000 payment methods and connecting 400 payment service providers.

The same September 2026 presentation listed 16 data warehouse destinations for Zuora Revenue connectors. It also described configurable bundles, advanced approvals and AI agents for analytics, payment operations, product catalogs and revenue analysis.

Private ownership changes the stock story

For investors, the central reference remains the completed $10.00-per-share transaction rather than a live exchange price. Zuora continues to position its platform around subscriptions, usage-based pricing, hybrid models, billing, payments and revenue recognition, while its 2026 product activity emphasizes AI-linked monetization.

The company describes its platform as serving more than 1,000 businesses worldwide, with quote-to-cash processing, usage monetization and revenue automation among its core capabilities. That operating profile connects the historical $450 million revenue figure with the newer product push into AI and payment orchestration.

Zuora's transaction reference

The $1.7 billion acquisition completed on February 14, 2025, with $10.00 per share as the stated consideration. Zuora stock therefore belongs to the history of NYSE-listed software companies, while the operating business continues under private ownership.