Company: CWAN
Filing Date: 2025-02-11
Form Type: S-4
Source: 0001193125-25-023759
Chunk: 152

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-02-11
Form: S-4
Chunk 152
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 January
2023. During the two-year period ended January 10, 2025, Goldman Sachs has recognized compensation for financial advisory and/or underwriting services provided by Goldman Sachs Investment Banking to
Warburg and/or its affiliates and portfolio companies of approximately $34.7 million. Goldman Sachs has also provided certain financial advisory and/or underwriting services to WCAS and/or its affiliates and portfolio companies from time to time for
which Goldman Sachs Investment Banking has received, and may receive, compensation, including having acted as bookrunner in connection with bank loans to Asurion, LLC, a portfolio company of WCAS, in October 2024, July 2023 and February 2023; and as
financial advisor to Avetta, LLC, a portfolio company of WCAS, in connection with its sale to EQT Private Equity in July 2024. During the two-year period ended January 10, 2025, Goldman Sachs has
recognized compensation for financial advisory and/or underwriting services provided by Goldman Sachs Investment Banking to WCAS and/or its affiliates and portfolio companies of approximately $33.8 million. Goldman Sachs may also in the future
provide financial advisory and/or underwriting services to Enfusion, Clearwater, FTV, ICONIQ, Permira, Warburg and WCAS and their respective affiliates and, as applicable, portfolio companies, for which Goldman Sachs Investment Banking may receive
compensation. As of February 10, 2025, affiliates of Goldman Sachs & Co. LLC are currently co-invested with ICONIQ, Permira, Warburg and/or their respective affiliates and are currently invested
in limited partnership units of affiliates of Permira, Warburg and WCAS and may in the future

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co-investwith, and invest in limited partnership units of, FTV, ICONIQ, Permira, Warburg, WCAS and/or their respective affiliates. The Special Committee selected Goldman Sachs as its financial advisor because it is an internationally recognized investment banking firm that has substantial experience in transactions similar to the Transactions. Pursuant to a letter agreement dated September 23, 2024, the Special Committee engaged Goldman Sachs to act as its financial advisor in connection with its strategic alternative review process. The engagement letter between the Special Committee and Goldman Sachs provides for a transaction fee that is estimated, based on the information available as of the date of announcement, at approximately $21.6 million, $2 million of which became payable upon the announcement of the Transactions (including a $200,000