- Clearwater Analytics (CWAN, Financial) acquires Enfusion (ENFN) for approximately $1.5 billion.
- The acquisition creates a unified, cloud-native investment management platform.
- 38% of Enfusion's revenue comes from Europe and Asia, enhancing Clearwater's global reach.
Clearwater Analytics (CWAN) has completed its acquisition of Enfusion, Inc. (ENFN) in a transformative deal valued at approximately $1.5 billion. This strategic move establishes the industry's first unified, cloud-native platform encompassing front, middle, and back-office functions for institutional investors.
The integration combines Enfusion's robust front-office capabilities with Clearwater's established middle and back-office solutions, eliminating data silos and streamlining investment operations. This expanded platform allows for seamless integration across workflows, offering a single security master and real-time views of positions, performance, and risk metrics.
By acquiring Enfusion, Clearwater significantly bolsters its international presence, as Enfusion generates 38% of its revenue from the European and Asian markets. With operations extending through key global hubs such as Boise, New York, Edinburgh, and New Delhi, the combined company is well-positioned to serve a global client base.
The first integration milestones have already commenced, including the deployment of unified dashboards and streamlined reconciliation processes. This acquisition is part of Clearwater's strategic approach to expand its total addressable market and enhance its offerings in asset management and hedge fund sectors.
