Clearwater Analytics (CWAN) shares surged 7.55% in pre-market trading following an $8.4 billion takeover offer from private equity firms Permira and Warburg Pincus. The deal, which will take the SaaS company private, offers shareholders $24.55 per share in cash, representing a 47% premium over prices from early November. The acquisition is expected to be finalized in early 2026, marking a significant move in the financial technology sector.