Beacon to be Acquired by Clearwater Analytics for $560 Million
Deal News | Mar 13, 2025 | Orrick
Beacon is set to be acquired by Clearwater Analytics for a total consideration of approximately $560 million. Beacon, known for its innovative cross-asset class modeling and risk analytics, especially in derivatives, private credit, and structured products, will join forces with Clearwater Analytics, which is recognized globally as a leader in SaaS solutions. The deal marks a significant moment for Beacon as it aims to enhance transparency for institutional investors across various layers including the front office, pre-trade, risk, and accounting. Orrick acted as the legal advisor for the transaction on behalf of Beacon. The legal team from Orrick was led by partners Samir Bakhru, Ramy Shweiky, and Aria Kashefi, with extensive support from a large team of associates and specialists.
Sectors
- Financial Technology
- Software as a Service (SaaS)
Geography
- United States – Both Beacon and Clearwater Analytics are U.S.-based companies, making the U.S. a relevant geographic classification for this transaction.
Industry
- Financial Technology – Beacon is a leader in cross-asset class modeling and risk analytics solutions, which falls under the FinTech industry given its focus on technological solutions for financial services.
- Software as a Service (SaaS) – Clearwater Analytics is recognized as a leader in SaaS solutions, providing cloud-based services which align it with this industry classification.
Financials
- $560 Million – Total purchase price for the acquisition of Beacon by Clearwater Analytics.
- 60% – Proportion of the purchase price that will be paid in cash.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Beacon | Target Company | Company | A next-generation leader for cross-asset class modeling and risk analytics for various financial assets. |
| Clearwater Analytics | Bidding Company | Company | A global leader in SaaS solutions focused on investment accounting and risk analytics. |
| Orrick | Legal Advisor | Company | Orrick served as the legal advisor to Beacon for this transaction. |
| Samir Bakhru | Lead Legal Advisor | Person | Led the Orrick team in the representation of Beacon. |
| Kirat Singh | CEO of Beacon | Person | CEO of Beacon, instrumental in the acquisition process. |