CCC Intelligent Solutions

Insurtech · Enterprise Software · Private Equity

Acquisition

GTCR and Elliott take CCC Intelligent Solutions private in $6.1B deal

The $7.75-a-share price pays a 44% premium, underscoring how cheap insurance-tech software looks after its post-IPO slide.

• CCC Intelligent Solutions agreed to be acquired by a private investment consortium led by GTCR and including Elliott Investment Management in an all-cash deal valued at roughly $6.1 billion enterprise value.
• CCC is a Chicago-based SaaS and AI platform connecting over 35,000 businesses across the insurance economy, drawing on 40 years of industry data to power claims and repair workflows.
• Stockholders will receive $7.75 in cash per share, a premium of about 44% to CCC's unaffected closing price on July 9, 2026 and 59% to its 30-day average price as of that date.
• The deal carries no financing condition; CCC remains publicly traded until closing, expected in the first quarter of 2027 pending stockholder and regulatory approval.
• Termination fees are set at $149.5 million payable by CCC and $313.99 million payable by Parent if the deal falls apart under specified circumstances.
• The 44% premium over July's unaffected price reflects how far CCC's public-market valuation had fallen, making it an attractive private-equity target despite its scale and data advantages.
• The buyout signals private equity's growing appetite for mature, profitable SaaS platforms with entrenched enterprise workflows, even as public markets discount their growth prospects.