M&A
confidence high
sentiment neutral
materiality 1.00
Clearwater Analytics to be acquired for $8.4B, shareholders to receive $24.55 per share cash
Clearwater Analytics Holdings, Inc.
- Transaction valued at ~$8.4B; per share cash price of $24.55 represents ~47% premium over undisturbed price as of Nov 10, 2025.
- Acquired by Permira and Warburg Pincus-led Investor Group with support from Francisco Partners and Temasek.
- Company may solicit alternative acquisition proposals during a go-shop period ending Jan 22, 2026, with extension to Feb 2, 2026.
- Termination fee: $111.67M if deal terminated for superior proposal during go-shop; $241.95M otherwise; Parent pays $521.13M if it fails to close.
- Transaction expected to close in 2026, subject to stockholder approval, regulatory approvals, and other customary conditions.