CWAN Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Sale of Clearwater Analytics to Permira and Other Investors

Core Viewpoint - The law firm Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Clearwater Analytics Holdings, Inc. for $24.55 per share in cash, which is significantly below the price targets set by Wall Street analysts and the company's 52-week high [1][2][5]. Sale Price Analysis - The proposed sale price of $24.55 per share is well below the price targets of multiple Wall Street analysts, including a target of $36.00 per share from RBC Capital [2][5][8]. - The sale price is also below Clearwater's 52-week high of $32.00 per share, suggesting that the acquisition may be opportunistic [2][5]. Board Approval and Conflicts of Interest - The sale was approved based on the recommendation of a Special Committee of the Board, indicating potential conflicts of interest among certain Board members, as both Permira and Warburg Pincus have representatives on the Board [3][6]. - Permira owns 14.7% of Clearwater's Class D Common Stock, further highlighting the potential conflicts [3][6]. Investigation Focus - The investigation will assess whether the Special Committee acted in the best interests of Clearwater shareholders, the fairness of the sale price, and whether all material information regarding the transaction has been disclosed [7].