Clearwater Analytics Holdings, Inc. announced it has entered into an Agreement and Plan of Merger to acquire Beacon Platform Incorporated for approximately $560 million, with 60% paid in cash and 40% in Clearwater Class A common stock. The deal includes customary closing conditions and regulatory approvals, with completion expected after April 25, 2025. Additionally, Clearwater has agreed to acquire Blackstone’s Bistro portfolio visualization platform for $125 million, paid in cash and stock. Both transactions aim to enhance Clearwater’s financial analytics capabilities.
Wall Street
2025-03-12
Comments
Share your comments