secwatch.observer — SEC 8-K summary
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Issuer:     Clearwater Analytics Holdings, Inc. (CWAN)
CIK:        0001866368
Form:       8-K
Filed at:   2022-09-29T23:59:59+00:00
Accession:  0000950170-22-018997
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearwater Analytics agrees to acquire JUMP Technology for €75M to boost European expansion
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866368/000095017022018997/0000950170-22-018997-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866368/000095017022018997/cwan-20220929.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-018997

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer