In this article
A group of private-equity firms led by Permira and Warburg Pincus has clinched a deal to acquire investment and accounting software maker Clearwater Analytics
for about $8.4 billion, including debt, the parties said in a joint statement on Sunday.
Permira and Warburg Pincus have agreed to take Clearwater private for $24.55 per share in cash. The deal price offers a premium of 47% on Clearwater’s share price of $16.69 on Nov. 10, before news reports of a potential sale.
The deal, which was announced on Sunday, includes the participation of several minority investors, including Francisco Partners and Temasek.
