Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources say

Share via:



A group of private equity firms led by ‍Permira and Warburg Pincus has clinched a deal to acquire investment and accounting ⁠software maker Clearwater Analytics Holdings for about $8.2 billion, including debt, two sources familiar with the matter said.

Permira and Warburg Pincus have agreed to take Clearwater private for $24.55 ‌a share, ‌reclaiming ownership of the asset they used to jointly own nearly five years ago before ‌taking the company public through an IPO, the sources said.

The deal, which was signed late on Saturday and is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources say



A group of private equity firms led by ‍Permira and Warburg Pincus has clinched a deal to acquire investment and accounting ⁠software maker Clearwater Analytics Holdings for about $8.2 billion, including debt, two sources familiar with the matter said.

Permira and Warburg Pincus have agreed to take Clearwater private for $24.55 ‌a share, ‌reclaiming ownership of the asset they used to jointly own nearly five years ago before ‌taking the company public through an IPO, the sources said.

The deal, which was signed late on Saturday and is…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Be Quiet Light Base 500 LX Review: Silent Running,...

Though even the most minor changes can make a...

RayNeo X3 Pro AR glasses review: Intriguing, high-priced glasses...

Why you can trust Tom's Hardware Our expert reviewers spend...

Popular