CCC Intelligent Solutions Signs Definitive Agreement to Be Acquired by GTCR and Elliott
Key Highlights
- ➤CCC (CCC) to be acquired by GTCR-led consortium for approximately $6.1 billion enterprise value
- ➤$7.75-per-share cash offer represents 44% premium to CCC’s unaffected price
- ➤Transaction expected to close in Q1 2027, pending regulatory and stockholder approvals
- ➤CCC will become privately held and delist from Nasdaq after transaction completion
- ➤CCC will release Q3 2026 results October 29 without a conference call or webcast
Expert Statements
Githesh Ramamurthy, Chairman & CEO of CCC
“With GTCR and Elliott’s experience and resources, we will continue to build on our momentum and extend our leadership. Together, we will accelerate the AI and agentic capabilities our customers want from us, expand the network at the center of our platform, and continue to develop and build our world class team.”
Githesh Ramamurthy, Chairman & CEO of CCC
“Today’s announcement follows a thorough review of strategic options with assistance from our financial and legal advisors. Our Board of Directors is confident this transaction recognizes the strength of the business our team has built while delivering immediate and premium cash value to our stockholders.”
Mark Anderson, Managing Director, Head of Technology, Media & Telecommunications at GTCR
“We have followed CCC for years and believe the Company is uniquely positioned to support their customers as they increasingly adopt AI solutions to improve decision making and efficiency across the claims and repair lifecycle.”
Mark Anderson, Managing Director, Head of Technology, Media & Telecommunications at GTCR
“We look forward to partnering with Githesh and the talented CCC team to support continued investment in product innovation and AI capabilities, expand the Company’s offerings and build long-term value.”
David Kerko, Head of Global Private Equity at Elliott
“We have strong belief in CCC’s position as the trusted third party at the center of the automotive insurance and repair industry.”
David Kerko, Head of Global Private Equity at Elliott
“CCC’s role within the large ecosystem of insurers, repair facilities, automakers and parts suppliers creates strong data advantages and network benefits for their more than 35,000 customers.”
CHICAGO, Oct. 15, 2026 (GLOBE NEWSWIRE) -- CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC) (“CCC” or the “Company”), a leading SaaS and AI platform provider for the multi-trillion-dollar insurance economy, today announced that it has entered into a definitive agreement to be acquired by a consortium of private investment firms led by GTCR, and including Elliott Investment Management L.P. (together with its affiliates, “Elliott”), in an all-cash transaction with an enterprise value of approximately $6.1 billion.
Under the terms of the agreement, CCC stockholders will receive $7.75 in cash for each share of CCC common stock, representing a premium of approximately 44% to CCC’s unaffected closing stock price on July 9, 2026, the last trading day prior to media speculation regarding a potential sale of the Company, and a premium of approximately 59% to the 30-day average price as of July 9, 2026.
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