CWAN Stock Recent News

Clearwater Analytics + Enfusion +0.76 (+7.61%)

Clearwater Analytics, a company developing accounting, compliance, and risk reporting tools for asset managers, said on Monday it has entered into a definitive agreement to acquire investment management platform Enfusion for $1.5 billion.

Clearwater Analytics has agreed to acquire investment management platform Enfusion in a $1.5 billion cash-and-stock deal, the companies said on Monday.

BOISE, Idaho & CHICAGO--(BUSINESS WIRE)--Clearwater Analytics (NYSE: CWAN) (“Clearwater”) and Enfusion, Inc. (NYSE: ENFN) (“Enfusion”) today announced their entry into a definitive merger agreement for Clearwater to acquire Enfusion, a leader in software-as-a-service (SaaS) solutions for the investment management and hedge fund industry. The purchase price is $11.25 per share, delivered in an approximately equal mix of cash and stock. Additionally, Clearwater will pay $30 million to terminate E.

Clearwater Analytics (CWAN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

SRDX and CWAN made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on January 3, 2024.

Welcomes Adrien de La Grange as Head of Business Development in France, Amina Troger as New Head of Global Delivery for EMEA, and Jose Salas as Head of Partnerships & Alliances for EMEA LONDON and BOISE, Idaho , Oct. 15, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced the expansion of its EMEA leadership team with three strategic hires: Adrien de La Grange as Head of Sales in France, Belgium and Luxembourg; Amina Troger as new Head of Global Delivery for EMEA; and Jose Salas as Head of Partnerships and Alliances for EMEA. As Clearwater continues to localize its leadership in Europe, de La Grange will lead business development in France, Belgium and Luxembourg.

Clearwater Insights Empowers Financial Leaders with Comprehensive Investment Data for Strategic Peer Benchmarking BOISE, Idaho , Sept. 18, 2024 /PRNewswire/ -- Clearwater Analytics (NYSE: CWAN), a leading worldwide provider of SaaS-based investment management, accounting, reporting, and analytics solutions, has launched Clearwater Insights, a powerful peer benchmarking solution.

Fortitude Re, Securian Financial, T. Rowe Price, UBS and Wellington Management Among Firms Celebrated for Mastery in Investment Management Operations BOISE, Idaho , Sept.

Clearwater's Q2 earnings show strong revenue growth, with Q2 revenue increasing by 18.8% year-over-year, and impressive cash flow generation, more than doubling to $43.9M. The company maintains high revenue retention rates, with 99% gross retention and 110% net retention, aiming for 115% net retention by Q1 2026. Clearwater's already strong margin profile is improving even more, with a 32.1% levered free cash flow margin.