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New Deal


Announced

Completed

Permira, Warburg Pincus, Dragoneer and Durable Capital completed the acquisition of Clearwater Analytics.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales15x
EV/EBITDA30x
Share Price Premium-
One Off Charge-

Tags

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Private

Domestic

Acquisition

Completed

Software

Private Equity

software-as-a-service

United States

Friendly

Majority

Single Bidder

Synopsis

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American private equity firms Permira, Warburg Pincus, Dragoneer and Durable Capital completed the acquisition of Clearwater Analytics, the SaaS provider of investment accounting and analytics. Financial terms were not disclosed. "Our new partnership with Permira, Warburg Pincus, Dragoneer, and Durable, builds upon our very strong relationship with WCAS and continues the momentum Clearwater has achieved as the innovative leader in the investment accounting and analytics market. We remain 100% focused on bringing our clients the best solutions and service quality in the world. We look forward to benefitting from all of our partners' deep domain expertise, global resources, and growth capital as we continue to extend Clearwater's international reach and advance our solution set for our valued clients," Sandeep Sahai, Clearwater Analytics Chief Executive Officer.

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