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Clearwater Analytics (CWAN) investor relations material

Clearwater Analytics Proxy Filing summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Proxy Filing summary23 Dec, 2025

Executive summary

  • Entered into a definitive agreement to be acquired by a private equity consortium for $8.4 billion, with shareholders to receive $24.55 per share, a 47% premium over the undisturbed price as of November 10, 2025.

  • Transaction expected to close in the first half of 2026, subject to regulatory and shareholder approval.

  • Permira, Warburg Pincus, Francisco Partners, and Temasek are the acquiring investors, with Permira and Warburg Pincus as longstanding partners.

  • Strategy and operations to remain focused on long-term growth, innovation, and platform integration, with no immediate changes to leadership or day-to-day operations.

  • Forward-looking statements highlight risks including regulatory approvals, deal completion, and potential impacts on business operations.

Voting matters and shareholder proposals

  • Shareholders will vote to approve the proposed acquisition; the transaction is contingent on this approval.

  • Proxy materials and a Schedule 13E-3 will be filed with the SEC for the special meeting.

Board of directors and corporate governance

  • Board composition will change at transaction close, as is customary in such deals.

  • No planned changes to the executive leadership team; CEO and ELT to remain.

How will private ownership accelerate Gen AI innovation
New investors' specific contributions to strategy
Specific long-term investments as a private company
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Frequently asked questions

Clearwater Analytics Holdings Inc. provides cloud-based software solutions for investment accounting, reporting, and analytics. Its platform automates data aggregation, reconciliation, and reporting processes, enabling institutional investors, insurers, asset managers, and corporations to manage their investment portfolios efficiently. The company’s services support a range of asset classes and offer transparency and compliance capabilities tailored to client needs. The company is headquartered in Boise, Idaho, and its shares are listed on the NYSE.

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