Overview
- Shareholders are set to receive $24.55 in cash per share, valuing the company at about $8.4 billion including debt and marking a 47% premium to the Nov. 10 price.
- The agreement includes a go-shop through Jan. 23, 2026, with closing targeted in the first half of 2026 pending shareholder and regulatory approvals.
- Minority backers include Temasek and Francisco Partners, and Private Credit at Goldman Sachs has provided 100% committed debt financing to the buyer group.
- A special committee of independent directors unanimously recommended the transaction and the board approved it following a review with outside advisors.
- Deal rationale centers on scaling Clearwater’s single-instance, multi-tenant platform and deepening AI-driven, front-to-back solutions that already support more than $10 trillion in client assets.