An investor group led by Permira and Warburg Pincus to acquire Clearwater Analytics for $8.4bn.

An investor group led by Permira and Warburg Pincus, and including Francisco Partners and Temasek, offered to acquire Clearwater Analytics, a software-as-a-service firm, for $8.4bn. "This deal represents a great outcome for Clearwater Analytics and our stockholders. It also positions us well for our next chapter of growth. Operating as a private company will empower us to invest boldly as we integrate the platforms to deliver a next-generation front-to-back solution that natively addresses alternative assets, provides industry leading risk analytics, and delivers on agentic solutions powered by our unique and proprietary database. This will allow us to continue delighting our clients across global markets. We are thrilled to have the support of Permira and Warburg Pincus," Sandeep Sahai, CWAN CEO.