v3.25.4
Business Combinations - Summary of Preliminary Estimated Fair Value of Consideration (Details) - USD ($)
$ / shares in Units, $ in Thousands
Apr. 30, 2025
Apr. 21, 2025
Business Combination [Line Items]    
Share price (in USD per share) $ 22.74 $ 21.33
Enfusion Inc    
Business Combination [Line Items]    
Common stock, shares, outstanding (in shares)   130,000,000
Enfusion Inc    
Business Combination [Line Items]    
Cash paid   $ 760,499
Fair value of Clearwater common stock issued   598,648
Fair value of converted Enfusion equity awards attributable to pre-combination service   12,769
Payment to terminate Enfusion’s tax receivable agreement   30,000
Total Merger Consideration   1,401,916
Less: cash acquired   22,864
Total Merger Consideration, net of cash acquired   1,379,052
Payments to acquire business, settlement of options   $ 20
Business combination, price (in USD per share)   $ 5.85
Equity interests issued and issuable (in shares)   28,066,027
Entity shares issued per acquiree share (in shares)   0.2159
Enfusion Inc | RSUs    
Business Combination [Line Items]    
Equity interests issued and issuable (in shares)   1,900,000
Business combination outstanding share   $ 41,300
Beacon Platforms Inc    
Business Combination [Line Items]    
Cash paid $ 351,327  
Fair value of Clearwater common stock issued 178,707  
Fair value of converted Enfusion equity awards attributable to pre-combination service 1,911  
Total Merger Consideration 531,945  
Less: cash acquired 44,208  
Total Merger Consideration, net of cash acquired $ 487,737  
Business combination, price (in USD per share) $ 7.86  
Equity interests issued and issuable (in shares) 7,858,675  
Beacon Platforms Inc | RSUs    
Business Combination [Line Items]    
Equity interests issued and issuable (in shares) 200,000  
Business combination outstanding share $ 5,500