CCC Intelligent Solutions Signs Definitive Agreement to Be Acquired by GTCR and Elliott - CCCIS
Summary
CCC Intelligent Solutions has agreed to be acquired by a consortium led by GTCR and Elliott in an all-cash deal valued at about $6.1 billion. Stockholders will receive $7.75 per share, and the transaction is expected to close in the first quarter of 2027 subject to regulatory and stockholder approvals. CCC will remain publicly traded and continue operating independently until the deal closes. The company says the new ownership will support further investment in AI capabilities, product innovation, and platform growth across the insurance and repair ecosystem.
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InsurTech
General Insurance Software
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Business Intelligence and Analytics
General BI
Linked Companies
CCC Intelligent Solutions Inc.
$1M to $5M