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News  ›  Benzinga

Permira, Warburg Pincus To Acquire Clearwater Analytics For $8.4 Billion

Benzinga Logo Benzinga By Namrata Sen
Permira, Warburg Pincus To Acquire Clearwater Analytics For $8.4 Billion

A consortium led by private equity firms Permira and Warburg Pincus announced a deal to acquire investment and accounting software company Clearwater Analytics for $8.4 billion, including debt. The offer of $24.55 per share represents a 47% premium to the stock price before the sale was reported. The deal includes Francisco Partners and Temasek as additional investors, with a go-shop window through January 23, 2026, and expected close in the first half of 2026.

Insights
CWAN   positive

The company is being acquired at a significant 47% premium to its pre-announcement stock price, validating its strong business fundamentals. The deal reflects confidence from major private equity investors and the company's strong Q3 growth metrics (77% revenue growth, 84% EBITDA growth).