M&A
confidence high
sentiment positive
materiality 0.70
Clearwater Analytics agrees to acquire JUMP Technology for €75M to boost European expansion
Clearwater Analytics Holdings, Inc.
- Acquisition price: €75M plus up to 3.8M restricted stock units in Clearwater (CWAN) to JUMP employees/owners.
- JUMP Technology (Paris, France) had €12.1M revenue in 2021, 100 employees, and serves 70 European clients including Rothschild & Co.
- Expected to close in Q4 2022, subject to French regulatory conditions; de minimis Q4 2022 revenue impact.
- JUMP founder Emmanuel Fougeras will continue leading the technology team post-acquisition.