** Shares of investment accounting software provider Clearwater Analytics CWAN.N rise 13.7% to $21.89 premarket
** Global private equity firms Warburg Pincus and Permira in talks to buy co, source familiar with matter told Reuters
** Bloomberg News was the first to report on the talks on Friday, however the deal value was not mentioned
** CWAN has a market cap of $5.63 bln as of Friday's close, according to data compiled by LSEG
** CWAN went public in 2021 at valuation of $5.5 bln
** All 12 brokerages rate the stock "buy" or higher; their median PT is $27
** As of last close, CWAN down 30% YTD
(Reporting by Avinash P in Bengaluru)
((Avinash.P@thomsonreuters.com;))
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