Clearwater Analytics to Go Private in $8.4 Billion Sale
Clearwater Analytics selling to Permira & Warburg Pincus for $8.4B. Shareholders get $24.55/share. Going private to focus on AI.
Clearwater Analytics selling to Permira & Warburg Pincus for $8.4B. Shareholders get $24.55/share. Going private to focus on AI.
Starboard Value has taken a nearly 5% stake in Clearwater Analytics, urging the company to explore a sales process and improve performance as investors worry about acquisition integration.
Thoma Bravo has reportedly offered to acquire Clearwater Analytics, joining other private equity firms in a growing race to take the software provider private.
Clearwater Analytics, a $5.4B investment software company, is working with advisers to evaluate potential sale options after receiving takeover interest from buyers.