Acquisition History / Permira (GT Silver BidCo, Inc.) / Clearwater Analytics Holdings, Inc.

Permira (GT Silver BidCo, Inc.) Acquires Clearwater Analytics Holdings, Inc.

Announced December 20, 2025 — $7.40B

Permira (GT Silver BidCo, Inc.)Investment accounting and analytics software2025

What happened

Clearwater Analytics entered a merger agreement on December 20, 2025 with GT Silver BidCo, an entity of funds affiliated with Permira Advisers, and the take-private closed June 25, 2026. Cash consideration payable to equityholders at closing was approximately $7.4B, funded with about $5.7B of equity from Permira-led funds.

Acquirer
Permira (GT Silver BidCo, Inc.)
Target
Clearwater Analytics Holdings, Inc.
Announced
December 20, 2025
Price
$7.40B
Industry
Investment accounting and analytics software
Buyer type
Private equity
Backing investors
Permira
Status
Closed

By the numbers

Permira (GT Silver BidCo, Inc.)'s acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Permira (GT Silver BidCo, Inc.) deals
Permira (GT Silver BidCo, Inc.)'s average disclosed price
$7.40B
Permira (GT Silver BidCo, Inc.)'s largest disclosed deal
Clearwater Analytics Holdings, Inc. ($7.40B)
Tracked acquisitions in 2025
503 across all acquirers
Permira (GT Silver BidCo, Inc.) in Investment accounting and analytics software
1 acquisition

Frequently Asked Questions About This Acquisition

When did Permira (GT Silver BidCo, Inc.) acquire Clearwater Analytics Holdings, Inc.?

Permira (GT Silver BidCo, Inc.) acquired Clearwater Analytics Holdings, Inc. on December 20, 2025. This was Permira (GT Silver BidCo, Inc.)'s 1st publicly tracked acquisition out of 1 we have on record.

How much did Permira (GT Silver BidCo, Inc.) pay for Clearwater Analytics Holdings, Inc.?

Permira (GT Silver BidCo, Inc.) paid $7.40B for Clearwater Analytics Holdings, Inc..

What does Clearwater Analytics Holdings, Inc. do?

Clearwater Analytics entered a merger agreement on December 20, 2025 with GT Silver BidCo, an entity of funds affiliated with Permira Advisers, and the take-private closed June 25, 2026. Cash consideration payable to equityholders at closing was approximately $7.4B, funded with about $5.7B of equity from Permira-led funds.

What other Investment accounting and analytics software companies has Permira (GT Silver BidCo, Inc.) acquired?

Clearwater Analytics Holdings, Inc. is Permira (GT Silver BidCo, Inc.)'s only publicly tracked acquisition in Investment accounting and analytics software so far.

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