Permira-Warburg Pincus led group to acquire Clearwater Analytics for $8.4bn

An capitalist radical led by Permira and Warburg Pincus has agreed to get Clearwater Analytics (CWAN) successful a transaction valued astatine astir $8.4bn.

Temasek is participating successful the group, which besides has important enactment from Francisco Partners.

The statement volition spot Clearwater Analytics’ shareholders person $24.55 per stock successful cash.

Clearwater Analytics is presently listed connected the New York Stock Exchange (NYSE).

The institution has built a cloud-based concern absorption platform, which serves organization investors successful planetary nationalist and backstage markets, supporting implicit $10tn successful assets worldwide.

Clearwater Analytics offers a azygous integrated strategy that delivers portfolio management, trading, concern accounting, regulatory reporting, show tracking, compliance, and hazard analytics.

Its clients see insurers, plus managers, hedge funds, banks, corporations, and authorities entities.

Clearwater Analytics CEO Sandeep Sahai said: “This woody represents a large result for Clearwater Analytics and our stockholders.

“It besides positions america good for our adjacent section of growth. Operating arsenic a backstage institution volition empower america to put boldly arsenic we integrate the platforms to present a next-generation front-to-back solution that natively addresses alternate assets, provides manufacture starring hazard analytics, and delivers connected agentic solutions powered by our unsocial and proprietary database.”

The peculiar committee of Clearwater Analytics’ committee of directors, made up wholly of autarkic and disinterested members, unanimously recommended the acquisition aft consulting with autarkic ineligible and fiscal advisers.

The company’s committee subsequently approved the transaction.

Completion of the woody is taxable to support from Clearwater Analytics’ shareholders, including a bulk of votes formed by disinterested shareholders, arsenic good arsenic regulatory clearance and different customary conditions.

The parties expect the acquisition to adjacent during the archetypal fractional of 2026.

Warburg Pincus managing manager Alex Stratoudakis said: “Clearwater Analytics continues to acceptable the modular for excellence successful the industry, and we are excited to put down the imaginativeness of creating an open, modular, front-to-back level for organization concern management.

“We’re excited to leverage our heavy fiscal exertion expertise and spouse with Permira and the CWAN squad to thrust the adjacent question of innovation and maturation for the company.”

"Permira-Warburg Pincus led radical to get Clearwater Analytics for $8.4bn" was primitively created and published by Verdict, a GlobalData owned brand.