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Clearwater Analytics to Go Private in $8.4 Billion Deal

12/23/2025

47 9 Full Breakdown

Summary

Clearwater Acquisition Approved

Clearwater Analytics agreed to be taken private in an $8.4 billion deal led by Permira and Warburg Pincus.
Shareholders will receive $24.55 per share, a 47% premium to the price before acquisition talks began.
The deal includes participation from Temasek of Singapore and support from Francisco Partners.
Clearwater's board has approved the transaction.
Closing is expected in the first half of 2026, pending shareholder and regulatory approval.

History

Historical Context

The private equity boom began in the early 2000s, fueled by decreasing interest rates and regulatory changes like the Sarbanes-Oxley Act of 2002. By 2006, firms like Blackstone and KKR led $1 trillion in leveraged buyouts, acquiring 654 U.S. companies for $375 billion. Clearwater Analytics' $8.4 billion deal reflects ongoing consolidation in this dynamic financial landscape.

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Clearwater Acquisition Approved

Clearwater Analytics agreed to be taken private in an $8.4 billion deal led by Permira and Warburg Pincus.
Shareholders will receive $24.55 per share, a 47% premium to the price before acquisition talks began.
The deal includes participation from Temasek of Singapore and support from Francisco Partners.
Clearwater's board has approved the transaction.
Closing is expected in the first half of 2026, pending shareholder and regulatory approval.

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