A consortium of private equity firms led by Permira and Warburg Pincus has reached an agreement to acquire investment and accounting software firm Clearwater Analytics Holdings (CWAN) in a deal valued at approximately $8.4 billion, including debt, the companies said in a joint statement.

One person has died and multiple others were injured after a recreational boat collided with a ferry carrying 45 people in Clearwater, Florida, according to police.