Clearwater (Altaris) Acquires CynergisTek

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 (Altaris) Acquires TECH LOCK from RevSpring

July 27, 2022

Cybersecurity

Clearwater, an operating company of Altaris Capital Partners, has completed the acquisition of TECH LOCK in a carve-out from RevSpring. The acquisition adds TECH LOCK's 24/7 managed detection and response (MDR) capabilities and compliance services (HITRUST, PCI, CMMC, HIPAA) to Clearwater's healthcare-focused cybersecurity and compliance offering.

Precision Aerospace Holdings Acquires Clearwater Engineering

March 18, 2025

Manufacturing

Dallas-based Precision Aerospace Holdings, a portfolio company of Juniper Capital Management and CIC Partners, has acquired Clearwater Engineering, a Derby, Kansas precision machining and CNC milling company serving commercial and government aerospace customers. The add-on deal (closed March 7, 2025) expands Precision's Midwest footprint, adds machining capacity and capabilities, and brings approximately 40 Clearwater employees into the Precision platform.

Clearwater Analytics Acquires Enfusion for ~$1.5 Billion

April 21, 2025

Cloud & SaaS

Clearwater Analytics completed its acquisition of Enfusion, a SaaS provider for investment managers and hedge funds, in a transaction valued at approximately $1.5 billion. The deal creates the industry’s first unified, single-instance, multi-tenant cloud-native front-to-back investment management platform by combining Enfusion’s front-office capabilities with Clearwater’s middle- and back-office solutions and expands Clearwater’s international footprint.

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.

TIGRIS Aquatic Services Acquires Natureworks (Clearwater Associates, Inc.)

June 10, 2024

Environmental Services

TIGRIS Aquatic Services, a Plexus Capital‑backed provider of stormwater management services, has acquired Natureworks (Clearwater Associates, Inc.), a Pennsylvania‑based lake and pond management and fountain distribution business. The deal expands TIGRIS’ footprint and capabilities across Pennsylvania, New Jersey, Delaware and Maryland while adding dealer and repair capabilities for aeration and fountain equipment.