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CCC Intelligent Solutions to Be Acquired by GTCR and Elliott in $6.1 Billion Buyout

BullishHigh impact
CCC$7.61 −0.46%

CCC Intelligent Solutions Holdings Inc. (CCC) has entered into a definitive agreement to be acquired by an investor group led by GTCR and including Elliott Investment Management in an all-cash buyout with an enterprise value of roughly $6.1 billion. Shareholders will receive $7.75 per share in cash, which represents a 44% premium compared to the company's unaffected closing stock price on July 9, 2026.

The transaction transitions the Chicago-headquartered insurance software provider into a private business after years of supplying artificial intelligence and cloud software across the auto insurance and collision repair sectors. Moving off the public markets is intended to help the company expand its software platform and accelerate investments in new technology for its user base of more than 35,000 corporate clients.

The acquisition has been approved by the board of directors and is targeted to close in the first quarter of 2027, subject to customary regulatory clearances and approval from stockholders. Upon completion, the stock will be delisted from the Nasdaq. The company will report its third-quarter 2026 financial results on October 29, 2026, but will not hold an earnings conference call because of the pending deal.

Key points

  • GTCR and Elliott Investment Management are acquiring CCC Intelligent Solutions Holdings Inc. (CCC) in an all-cash deal valued at approximately $6.1 billion.
  • Stockholders will receive $7.75 per share in cash, a 44% premium over the unaffected closing price on July 9, 2026.
  • The board of directors approved the acquisition, which is anticipated to close in the first quarter of 2027 pending regulatory and shareholder approvals.
  • Upon transaction completion, the software platform provider will become privately held and its common stock will be delisted from the Nasdaq.
  • The company plans to issue its third-quarter 2026 earnings report on October 29, 2026, without a corresponding investor call.

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Questions and answers

How much will shareholders receive in the CCC Intelligent Solutions buyout?

Stockholders of CCC Intelligent Solutions Holdings Inc. will receive $7.75 in cash for each share of common stock.

When is the acquisition of CCC Intelligent Solutions expected to close?

The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and stockholder consent.

What is the enterprise value of the CCC Intelligent Solutions acquisition?

The all-cash buyout values CCC Intelligent Solutions Holdings Inc. at an enterprise value of approximately $6.1 billion.