M&A
confidence high
sentiment neutral
materiality 0.65
Clearwater Analytics closes acquisition of Blackstone's Bistro portfolio visualization platform
Clearwater Analytics Holdings, Inc.
- Consideration: 3,833,333 shares of Class A common stock issued at closing, plus $10M cash due by July 1, 2025.
- Bistro is Blackstone's proprietary portfolio visualization software built for its Credit & Insurance (BXCI) business.
- Shares issued in reliance on Section 4(a)(2) and Rule 506 of Regulation D, unregistered sale.
- Acquisition originally announced in March 2025 8-K filing.