Clearwater Analytics Completes Acquisition of Beacon Platform

Permira and Warburg Pincus Investor Group to Take Clearwater Analytics Private in $8.4 Billion Deal

December 21, 2025

Software

Clearwater Analytics has entered into a definitive agreement to be acquired in an all-cash transaction valued at approximately $8.4 billion by an investor group led by Permira and Warburg Pincus, with participation from Temasek and support from Francisco Partners. Under the terms, Clearwater Analytics stockholders will receive $24.55 per share in cash at closing, and the company is expected to become privately held.

Clearwater Analytics Receives Growth Investment from Permira, Warburg Pincus, Dragoneer and Durable Capital

October 12, 2020

Cloud & SaaS

Clearwater Analytics, the Boise-based SaaS provider of investment accounting and analytics, announced a new growth investment led by Permira, Warburg Pincus, Dragoneer and Durable Capital, with Welsh, Carson, Anderson & Stowe remaining the majority shareholder. The capital will support Clearwater's international expansion (including Europe and Asia-Pacific), continued R&D and pursue transformative M&A opportunities.

Clearwater Analytics Acquires Enfusion for About $1.5 Billion

April 21, 2025

Cloud & SaaS

Clearwater Analytics entered into a definitive merger agreement to acquire Enfusion, a SaaS provider for investment management and hedge funds, in a deal valued at approximately $1.5 billion. Clearwater will integrate Enfusion’s front-office capabilities with its middle- and back-office platform to build a unified cloud-native front-to-back solution and expand hedge-fund coverage and international presence.

Clearwater Analytics Holdings Buyout: Goldman-Led $3.5 Billion Private Credit Financing

February 12, 2026

Cloud & SaaS

A group of private credit firms led by Goldman Sachs Alternatives is providing $3.5 billion to support the buyout of Clearwater Analytics Holdings Inc. Ares Management, Blue Owl Capital, Antares Capital, and Apollo Global Management are joining the lender group, with the debt offered at a 4.5-percentage-point premium to the US benchmark.

Sunstone Partners Acquires Majority Stake in Clearwater

September 30, 2025

Cybersecurity

Sunstone Partners, a growth-oriented private equity firm, has acquired majority ownership of Clearwater from Altaris, LLC and other existing shareholders. The investment will support Clearwater’s expansion of managed security, consulting, and software capabilities across the healthcare ecosystem and the defense industrial base (via its Redspin division).

Clearwater Acquires CynergisTek in a $17.7 Million Take-Private Transaction

May 23, 2022

Cybersecurity

CynergisTek, Inc. entered into a definitive agreement to be acquired by Clearwater Compliance LLC (Clearwater) in an all-cash transaction valued at approximately $17.7 million. Under the terms, CynergisTek stockholders received $1.25 per share in cash, and CynergisTek became a privately held subsidiary of Clearwater.