Clearwater Analytics Completes $8.4B Take-Private Acquisition; Stock Delisted
Summary
Clearwater Analytics has finalized its $8.4 billion take-private acquisition, with shareholders receiving $24.55 per share in cash, and its stock will be delisted from the NYSE.
Key Events · M&A and Partnerships · CWAN
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Merger Consummated
The acquisition by GT Silver BidCo, Inc. was completed on June 25, 2026, making Clearwater Analytics a wholly-owned subsidiary of Parent.
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Cash Payout to Shareholders
Each share of Class A common stock was converted into the right to receive $24.55 in cash, and all outstanding equity awards were canceled for cash.
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Delisting from NYSE
The company's Class A common stock will be delisted from the New York Stock Exchange, and the company will cease to be a public reporting entity.
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New Debt Financing Secured
New credit facilities totaling $3.525 billion were established, and the existing credit agreement was repaid in full, as part of the transaction funding.
Analysis · CWAN · Technology
This 8-K announces the definitive completion of the previously disclosed take-private acquisition of Clearwater Analytics by an investor group led by Permira and Warburg Pincus. Public shareholders received $24.55 per share in cash, and the company's stock will be delisted from the NYSE, marking its transition to a privately held entity. This concludes the public trading chapter for Clearwater Analytics.
At the time of this filing, CWAN was trading at $24.56 on NYSE in the Technology sector, with a market capitalization of approximately $7.3B. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.