diff --git a/.bumpversion.cfg b/.bumpversion.cfg
index 431ef3216..54a2906cb 100644
--- a/.bumpversion.cfg
+++ b/.bumpversion.cfg
@@ -1,5 +1,5 @@
 [bumpversion]
-current_version = 4.2.0
+current_version = 5.0.0
 files = ./click_extra/__init__.py
 allow_dirty = True
 
diff --git a/changelog.md b/changelog.md
index 7a01c5932..00a14b667 100644
--- a/changelog.md
+++ b/changelog.md
@@ -1,6 +1,6 @@
 # Changelog
 
-## {gh}`4.2.0 (unreleased) <compare/v4.1.0...main>`
+## {gh}`5.0.0 (unreleased) <compare/v4.1.0...main>`
 
 ```{important}
 This version is not released yet and is under active development.
diff --git a/citation.cff b/citation.cff
index 74903e575..66d695955 100644
--- a/citation.cff
+++ b/citation.cff
@@ -8,7 +8,7 @@ authors:
     email: kevin@deldycke.com
     orcid: "https://orcid.org/0000-0001-9748-9014"
 doi: 10.5281/zenodo.7116051
-version: 4.2.0
+version: 5.0.0
 # The release date is kept up to date by the external workflows. See:
 # https://github.com/kdeldycke/workflows/blob/33b704b489c1aa18b7b7efbf963e153e91e1c810/.github/workflows/changelog.yaml#L135-L137
 date-released: 2023-05-11
diff --git a/click_extra/__init__.py b/click_extra/__init__.py
index 13601c0d7..0dfdffa24 100644
--- a/click_extra/__init__.py
+++ b/click_extra/__init__.py
@@ -15,7 +15,7 @@
 # Foundation, Inc., 59 Temple Place - Suite 330, Boston, MA  02111-1307, USA.
 """Expose package-wide elements."""
 
-__version__ = "4.2.0"
+__version__ = "5.0.0"
 """Examples of valid version strings according :pep:`440#version-scheme`:
 
 .. code-block:: python
diff --git a/pyproject.toml b/pyproject.toml
index 3e8beaff0..1bdaf0245 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,7 +1,7 @@
 [tool.poetry]
 # Docs: https://python-poetry.org/docs/pyproject/
 name = "click-extra"
-version = "4.2.0"
+version = "5.0.0"
 description = "🌈 Extra colorization and configuration loading for Click."
 license = 'GPL-2.0-or-later'
 authors = ["Kevin Deldycke <kevin@deldycke.com>"]