Global private equity firms Warburg Pincus and Permira are in discussions to acquire investment and accounting software provider Clearwater Analytics, according to a source.
The Boise, Idaho–based company offers technology that helps businesses efficiently manage their investment portfolios, while also providing tools that streamline reporting and enhance operational visibility.
The potential deal—involving the same firms that supported Clearwater’s 2021 IPO—may take several weeks to materialize, the source indicated. Warburg Pincus, Permira, and Clearwater Analytics Holdings have not yet commented on the development.
Clearwater, which debuted on the public markets in 2021 with a valuation of $5.5 billion, has since grown and held a market capitalization of roughly $5.63 billion as of Friday’s close, based on LSEG data.
