A group of private equity firms led by Permira and Warburg Pincus has agreed to buy Clearwater Analytics Holdings Inc. to be acquired in a deal that values \u200b\u200bthe investment and accounting software maker at $8.4 billion, including debt. Permira, Warburg agree to buy Clearwater Analytics for $8.4 billion (Bloomberg) — A group of private equity firms led by Permira and Warburg Pincus has agreed to buy Clearwater Analytics Holdings Inc . to be acquired in a deal that values \u200b\u200bthe investment and accounting software maker at $8.4 billion, including debt. Clearwater investors will get $24.55 a share for an equity value of about $7 billion, according to a statement confirming an earlier report by Bloomberg News. The company said the price, which is about 10% higher than the stock’s last close, represents a 47% premium to its Nov. 10 price, before Bloomberg reported the two buyout firms were in talks to buy it. The private equity group also includes the participation of Singapore state investment company Temasek Holdings Pte and key support from Francisco Partners, according to the statement. The deal, which will allow Clearwater to consider competing offers for a so-called go-shop period ending Jan. 23, is expected to close in the first half of 2026. Permira and Warburg helped take Clearwater public in 2021. The company’s shares have fallen about 19% this year and closed Friday at $22.25. Founded in 2004 in Boise, Idaho, Clearwater provides its software to companies in the financial services sector, among others. In November, the company reported a 77% year-over-year increase in third-quarter revenue to $205 million and an 84% jump in adjusted earnings before interest, taxes, depreciation and amortization to about $71 million. Clearwater completed its acquisition of Enfusion Inc., a software-as-a-service provider to asset managers and hedge funds, in April. That transaction was valued at around $1.5 billion, according to a statement at the time. Activist investor Starboard Value took a nearly 5% stake in Clearwater and wanted the company to conduct a robust sales process if it received incoming interest from prospective buyers, Reuters reported this month. Permira and Warburg invested in Clearwater in 2020. They were among the private equity backers the following year when Clearwater raised $621 million, including over-allotment shares in an initial public offering. In 2023, both firms put all of their stock in Clearwater up for sale, according to a filing at the time. Warburg still held a 0.3% stake in the company as of Sept. 30, data compiled by Bloomberg show. In November, Permira beat Warburg to a \u00a32.3 billion ($3.1 billion) acquisition of JTC Plc, a London-listed fund solutions and corporate services provider. Both Permira and Warburg have been active buyers and sellers in recent months. Earlier in December, Permira announced the sale of online boat marketplace Boats Group to General Atlantic and CPP Investments, while in November Warburg led a group that bought financial services company ECN Capital Corp. acquired for approximately C$1.9 billion ($1.4 billion), including debt. More stories like this are available on bloomberg.com \u00a92025 Bloomberg LP<\/p>\n","protected":false},"excerpt":{"rendered":"
A group of private equity firms led by Permira and Warburg Pincus has agreed to buy Clearwater Analytics Holdings Inc. to be acquired in a deal that values \u200b\u200bthe investment and accounting software maker at $8.4 billion, including debt. Permira, Warburg agree to buy Clearwater Analytics for $8.4 billion (Bloomberg) — A group of private<\/p>\n","protected":false},"author":1,"featured_media":235805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-359136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-1"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/359136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=359136"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/359136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/235805"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=359136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=359136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=359136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}