v3.25.2
Business Combinations - Summary of Preliminary Estimated Fair Value of Consideration (Details) - USD ($)
$ / shares in Units, $ in Thousands
Jun. 30, 2025
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 assumed 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   $ 351,355  
Fair value of Clearwater Common Stock issued   175,585  
Fair value of Clearwater Common Stock to be issued   3,122  
Fair value of assumed Enfusion equity awards attributable to pre-combination service   1,911  
Total Merger Consideration    531,973  
Less: cash acquired   44,208  
Total Merger Consideration, net of cash acquired   $ 487,765  
Business combination, price (in USD per share)   $ 7.86  
Equity interests issued and issuable (in shares) 7,721,401 7,858,675  
Shares expected to be paid within 12 months (in shares) 137,274    
Beacon Platforms Inc | RSUs      
Business Combination [Line Items]      
Equity interests issued and issuable (in shares)   200,000  
Business combination outstanding share   $ 5,500