Clearwater Analytics taken private in $8.4bn acquisition

(Sharecast News) - New York-listed software company Clearwater Analytics has announced plans to taken private by a consortium of investors led by Permira and Warburg Pincus in a deal worth $8.4bn. The software-as-a-service fintech company said its board had unanimously recommended the transaction, which will see shareholders receive $24.55 in cash - a 47% premium to its undisturbed share price on 10 November before media reports about a potential deal began.

The deal is subject to shareholder and regulatory approvals, but is expected to close in the first half of 2026, by which point it will delist from the New York Stock Exchange.

"This deal represents a great outcome for Clearwater Analytics and our stockholders," said Clearwater Analytics chief executive Sandeep Sahai.

"It also positions us well for our next chapter of growth. Operating as a private company will empower us to invest boldly as we integrate the platforms to deliver a next-generation front-to-back solution that natively addresses alternative assets, provides industry leading risk analytics, and delivers on agentic solutions powered by our unique and proprietary database."

Clearwater shares were up 7.9% at $24.00 in premarket trading on Monday, following a 19% slump so far this year.