07:13 AM EDT, 03/12/2025 (MT Newswires) -- Clearwater Analytics Holdings ( CWAN ) said Wednesday that it has signed definitive agreements to acquire Beacon, which specializes in cross-asset class modeling and risk analytic, as well as Blackstone's (BX) Bistro portfolio visualization software platform.
Financial terms of the two acquisitions were not disclosed.
Clearwater said proceeds from its previously committed $800 million Term Loan B, cash on hand, and a portion of its $200 million revolving line of credit will be used to fund the acquisitions of Beacon and Bistro, as well as the previously announced acquisition of Enfusion.