Guidewire to Acquire hyperexponential for $1.7 Billion

Guidewire Software agreed to acquire hyperexponential for $1.7 billion in cash, with up to $400 million more contingent on annual recurring revenue targets. The deal will be funded with cash on hand and a new $1.0 billion term loan, and is expected to close in the second quarter of fiscal 2027, subject to customary conditions. Guidewire expects the acquisition to add at least 650 basis points to ARR growth in fiscal 2027 and contribute at least 150 basis points to organic ARR growth in fiscal 2028. The company says the acquisition will expand its AI-driven underwriting and analytics capabilities for the property and casualty insurance sector.