Core Insights - Clearwater Analytics Holdings, Inc. (NYSE:CWAN) is being acquired by an investor group led by Permira and Warburg Pincus for $24.55 per share in cash, leading to a downgrade by RBC Capital from Outperform to Sector Perform with a lowered price target of $24.55 from $36 [2][7] - The company reported Q4 adjusted EPS of 15 cents, aligning with consensus estimates, and Q4 revenue of $217.5 million, surpassing the consensus estimate of $216.71 million, with a year-over-year revenue increase of 72% [3] - CEO Sandeep Sahai highlighted that investments in GenAI contributed to internal efficiencies, resulting in a record Non-GAAP gross margin of 79.2% and a 77.7% year-over-year increase in adjusted EBITDA to $74.1 million [3] Company Overview - Clearwater Analytics Holdings, Inc. provides a software-as-a-service solution for automated investment data aggregation, reconciliation, accounting, and reporting services both in the United States and internationally [4]