Clearwater Analytics Holdings, Inc. (CWAN) Clearwater Analytics Holdings, Inc. offers a cloud-based (Software-as-a-Service) platform engineered to automate and centralize the entire lifecycle of investment data. This encompasses aggregation, reconciliation, comprehensive accounting, and detailed reporting capabilities for a diverse clientele, including insurers, asset managers, corporations, institutional investors, and government entities. Their robust suite of solutions spans critical areas such as investment accounting and reporting, performance measurement, continuous compliance monitoring, and sophisticated risk analytics. A core offering, Clearwater Prism, grants users self-service access to consolidated data feeds originating from various systems—both Clearwater's proprietary platforms and those of external third-party vendors—covering accounting, compliance, performance, and risk domains. It also facilitates highly adaptable reporting functionalities for different stakeholders. Established in 2021, the company's headquarters are located in Boise, Idaho.
Sector: Services-Prepackaged Software
Industry: Software - Application
Clearwater Analytics Holdings, Inc. NYSE:CWAN Technology · Software - Application
All Press Release SEC Filings News
SEC Filing ● Critical
CWAN: 25-NSE · acquisition merger
Clearwater Analytics Holdings, Inc. has completed its acquisition by an investor group led by Permira and Warburg Pincus, with participation from Temasek. The merger became effective before market open on June 25, 2026, resulting in the immediate suspension of trading for the company's common stock.
Pursuant to the transaction, each share of Clearwater Analytics common stock was converted into the right to receive $24.55 in cash, without interest, subject to any applicable fees and taxes. The New York Stock Exchange has notified the SEC of its intention to remove the company's securities from listing and registration effective July 6, 2026.
SEC 25-NSE • 4mo ago SEC Filing ● Critical ⚠ 2
CWAN: 8-K · acquisition merger
Clearwater Analytics Holdings, Inc. has completed its acquisition by a consortium led by Permira and Warburg Pincus for $24.55 per share in cash, representing a total transaction value of approximately $8.4 billion. The merger, which was approved by the company's stockholders, resulted in Clearwater becoming a wholly owned subsidiary of GT Silver BidCo, Inc. and the cessation of trading of its Class A common stock on the New York Stock Exchange.
In connection with the closing, the company entered into a new credit agreement providing for a $2.7 billion senior secured term loan facility, a $500 million delayed draw term loan facility, and a $325 million revolving credit facility. The transaction was funded through approximately $5.7 billion in equity investments from the investor consortium and approximately $2.7 billion in debt financing. Concurrent with the merger, all outstanding indebtedness under the company's prior credit agreement was repaid in full.
Effective immediately upon the consummation of the merger, the company's board of directors underwent significant changes. All previous directors, with the exception of Sandeep Sahai, resigned, and Peter Flynn, Thomas Lafrance, and Jim Cox were appointed as the new directors of the company. The company also notified the NYSE of its intent to delist and plans to file a Form 15 to suspend its reporting obligations under the Securities Exchange Act of 1934.
SEC 8-K • 4mo ago AI analysis › Press Release
Clearwater Analytics Benchmarks Private Credit Strategy, Performance, and Risk Across Institutional Portfolios
Clearwater Analytics released a report titled Credit Where It’s Due, analyzing private credit trends using data from its platform which spans $10 trillion in institutional assets.
The study indicates that private credit assets on the platform have grown nearly 20% over the last two years, with median insurer allocations increasing 110% since 2021 to reach 9% of total portfolio assets.
The findings suggest that private credit risks are idiosyncratic rather than systemic, emphasizing the need for robust infrastructure to manage cross-contamination risk.
• 4mo ago AI analysis › SEC Filing
CWAN: 8-K · acquisition merger
Clearwater Analytics Holdings, Inc. has received approval from the Australian Treasurer under the Foreign Acquisitions and Takeovers Act 1975 for its merger with GT Silver BidCo, Inc. and GT Silver Merger Sub, Inc. This approval, granted effective June 19, 2026, satisfies the final regulatory condition required to complete the transaction.
The company confirmed that all required regulatory approvals for the merger have now been obtained. The transaction is expected to close during the second quarter of 2026, pending the satisfaction or waiver of other customary closing conditions.
SEC 8-K • 4mo ago Press Release
Clearwater Analytics Launches Fund Analytics, Bringing Verified Intelligence to Private Markets
Clearwater Analytics launched Fund Analytics, a private markets intelligence product built on its validated data foundation that supports over $10 trillion in assets.
The solution addresses data fragmentation in private markets by offering performance benchmarks, portfolio monitoring, and liquidity forecasting to more than 10,000 global investors managing $500 million or more in private assets.
President Kirat Singh noted that the platform validates data before the analytics layer, allowing institutions to replace manual workflows with trusted, network-scale intelligence.
• 4mo ago AI analysis › Press Release
Clearwater Analytics Unifies Factor Risk Across Portfolio Management and Risk Oversight
Clearwater Analytics launched two new factor risk products: Factor Risk Lens for portfolio managers and Factor Analytics for CIOs and risk leaders.
Factor Risk Lens integrates pre-trade risk analysis directly into the Enfusion platform, allowing traders to evaluate exposure impacts before execution.
Factor Analytics provides a self-service, continuously updated view of portfolio risk for investment leadership, reducing reliance on static reports and manual data aggregation.
• 4mo ago AI analysis › Press Release
Clearwater Analytics Brings AI Directly Into Institutional Investment Workflows
Clearwater Analytics launched three new AI-enabled products—Clearwater Compass, Total Portfolio Oversight, and Fund Analytics—built on its trusted investment data foundation.
Total Portfolio Oversight, developed in partnership with Blackstone, is now live in production and combines investment and risk views across public and private assets.
The new tools aim to automate operations, improve reconciliation transparency, and structure private markets data, extending the platform’s reach into workflows that previously relied on manual processes.
• 4mo ago AI analysis › Press Release ● Major ⚠ 2
Clearwater Analytics Announces First Quarter 2026 Financial Results
Clearwater Analytics reported Q1 revenue of $221.2 million, up 74% year-over-year, while annualized recurring revenue surged 77% to $872 million.
Adjusted EBITDA grew 72% to $77.4 million, representing a 35% margin, though the company posted a GAAP net loss of $2.8 million due to acquisition-related costs.
Shareholders approved the proposed $8.4 billion acquisition by a Permira and Warburg Pincus-led group, with the deal expected to close in Q2 2026 pending Australian regulatory approval.
• 5mo ago AI analysis › Press Release
Clearwater Analytics to Announce First Quarter 2026 Financial Results on May 7, 2026
Clearwater Analytics will release its first quarter 2026 financial results after the market closes on Thursday, May 7, 2026.
Due to the pending all-cash acquisition by an investor group led by Permira and Warburg Pincus, the company will not host a conference call or provide forward-looking guidance.
A special meeting of stockholders is scheduled for May 6, 2026, to vote on the Merger Agreement, with the transaction expected to close in the second quarter of 2026.
• 6mo ago AI analysis › Press Release
APAC Insurers Are Racing into Private Markets. Their Infrastructure Is Not Keeping Up.
A Clearwater Analytics survey of 150 APAC executives managing $3.8 trillion found that private market allocations are expected to rise from 20% to a third within five years.
The report highlights a significant capability gap, with 93% of executives stating that legacy technology constrains their business as they move into complex asset classes.
CWAN notes it supports over $10 trillion in assets globally, positioning its cloud-native platform as a critical solution for insurers facing these infrastructure challenges ahead of an expected M&A wave.
• 6mo ago AI analysis › 
