Clearwater Analytics Holdings IncClearwater Analytics is being taken private at $8.4 billion, a premium to market price.

Sterlington advised the management team of Clearwater Analytics on the completion of its take-private acquisition by a Permira and Warburg Pincus-led investor group, in a transaction valued at approximately $8.4 billion. The transaction was supported by Francisco Partners, with participation from Temasek. Sterlington advised the Clearwater management team on the transaction and go-forward equity compensation arrangements. Executive Compensation partner Jeremy L. Goldstein and M&A partner Christopher S. Harrison led the Sterlington team, with support from partner Evan Coren.
Clearwater Analytics Holdings IncClearwater Analytics is being taken private at $8.4 billion, a premium to market price.
Francisco Partners supported the take-private transaction.
Permira is part of the investor group acquiring Clearwater Analytics.
Warburg Pincus is part of the investor group acquiring Clearwater Analytics.
Sterlington advised on the transaction, generating advisory fees.