Tech
Permira, Warburg near $8.2 billion deal for Clearwater Analytics, sources say
[ad_1]
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…
[ad_2]
Source link
Continue Reading