Clearwater Analytics to be acquired for $8.4 billion by Permira and Warburg Pincus

Clearwater Analytics  announced it has agreed to be acquired for approximately $8.4 billion by a Permira and Warburg Pincus–led investor group, with participation from Temasek and support from Francisco Partners. Under the deal, stockholders will receive $24.55 per share in cash, representing a roughly 47% premium to the company’s undisturbed share price, and Clearwater will transition to a privately held company following an expected close in the first half of 2026.

Founed in 2023, Clearwater Analytics provides a cloud based investment management platform that helps institutional investors manage data, accounting, reporting, risk, and compliance across public and private assets. It is used by insurers, asset managers, banks, and other institutions to get a single, real time view of portfolios and regulatory reporting.