Clearwater Analytics to acquire Enfusion for $1.5bn.

Clearwater Analytics, a SaaS fintech company, agreed to acquire Enfusion, an investment management SaaS platform provider, for $1.5bn. “Today’s announcement is about creating a future where our clients benefit from the synergy of two highly complementary, innovative software leaders, paving the way for a unified, cloud-native front-to-back platform that’s primed to serve institutional investors like never before. We expect to accelerate growth based on our increased right-to-win, higher back-to-base sales, greater presence across key geographies and increased Total Addressable Market. Coupled with our operating rigor and use of Generative AI, we have high confidence that we can drive meaningfully improved unit economics at Enfusion while also growing its emerging managed services business. Most importantly, this acquisition enables seamless data management from the front office to the back office, unlocking powerful network effects that amplify client value,” Sandeep Sahai, Clearwater Analytics CEO.