{"id":463684,"date":"2025-12-22T05:14:30","date_gmt":"2025-12-22T05:14:30","guid":{"rendered":"https:\/\/www.europesays.com\/us\/463684\/"},"modified":"2025-12-22T05:14:30","modified_gmt":"2025-12-22T05:14:30","slug":"permira-warburg-to-buy-clearwater-analytics-for-8-4-billion","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/463684\/","title":{"rendered":"Permira, Warburg to buy Clearwater Analytics for $8.4 billion"},"content":{"rendered":"

Thomas Fuller | Lightrocket | Getty Images<\/p>\n

A group \u2060of private-equity firms led by Permira and Warburg Pincus has clinched a deal to acquire investment and accounting software maker Clearwater Analytics<\/a> \u200dfor about $8.4 billion, including \u200ddebt, the parties said in \u200da joint statement on Sunday. <\/p>\n

Permira and Warburg Pincus have agreed to take Clearwater private for $24.55 per share in cash. The deal price offers a premium of 47% on Clearwater’s share price of $16.69 on Nov. 10, before news reports \u200cof \u200ca potential sale. <\/p>\n

The deal, which was announced on Sunday, \u200bincludes the participation of several minority investors, including Francisco Partners and Temasek.<\/p>\n

“Both firms understand our business and the technology industry and have proven track records fostering growth for some of the largest and fastest-growing technology businesses globally,” Clearwater CEO Sandeep Sahai said.<\/p>\n

The deal provides for \u2060a “go-shop” period ending Jan. 23, 2026, during which Clearwater may solicit and evaluate alternative acquisition proposals, with a possible 10-day extension for certain bidders.<\/p>\n

The transaction is expected to be completed in the first half of 2026, after which the investment and accounting software maker will become a privately held company.<\/p>\n

AI capabilities<\/p>\n

Based in Boise, Idaho, Clearwater provides software to help companies manage their investment portfolios. <\/p>\n

The company operates a single, multi-tenant cloud platform that aggregates portfolio data and performs complex accounting and analytics in one place. That structure allows for integration of AI-driven tools to generate more precise, on-demand insights into their portfolios. <\/p>\n

People familiar with the matter told Reuters last month that Permira and Warburg Pincus had submitted a joint offer to purchase Clearwater, roughly four years after they helped the software maker go public. <\/p>\n

Last week, activist investor Starboard Value took a nearly 5% stake in Clearwater, betting that it was undervalued amid investor concerns over its integration of \u200drecent acquisitions.<\/p>\n

Clearwater, which went public in 2021 at a valuation of $5.5 billion, had a market capitalization of around $6.5 billion as of Sunday, according to LSEG data.<\/p>\n

Permira and Warburg Pincus remained majority owners of Clearwater through the 2021 IPO and reduced their stake over time, including by selling certain share classes. <\/p>\n

JP Morgan served as a financial advisor to the company, Goldman Sachs served as an advisor to the \u2060buyer group, and PJT Partners served as a financial \u200cadvisor to the special committee, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"Thomas Fuller | Lightrocket | Getty Images A group \u2060of private-equity firms led by Permira and Warburg Pincus…\n","protected":false},"author":3,"featured_media":463685,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[7789,11732,64,81,211266,3346,793,158,67,132,68],"class_list":{"0":"post-463684","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-breaking-news-investing","9":"tag-breaking-news-technology","10":"tag-business","11":"tag-business-news","12":"tag-clearwater-analytics-holdings-inc","13":"tag-investment-strategy","14":"tag-software","15":"tag-technology","16":"tag-united-states","17":"tag-unitedstates","18":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115761516589685652","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/463684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=463684"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/463684\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/463685"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=463684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=463684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=463684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}