GTCR and Elliott to Acquire CCC Intelligent Solutions for $6.10 Billion

CCC Intelligent Solutions Holdings Inc. (CCC) entered into a merger agreement on October 15, 2026, to be acquired by GTCR and Elliott Investment Management L.P. for a closing value of $6.10 billion.

Deal Structure:

CCC stockholders will receive $7.75 in cash for each share of CCC common stock, representing a premium of 1.44% over the stock’s last close.

Company Profile:

CCC Intelligent Solutions is a SaaS company that provides cloud-based software, AI, and data analytics solutions to the property and casualty insurance industry. The company connects insurers, collision repair shops, automakers, and parts suppliers through platforms that automate and manage insurance claims, vehicle damage assessments, repair workflows, and parts procurement.

GTCR is a Chicago-based private equity firm that invests in and acquires companies across business and consumer services, financial services and technology, healthcare, and media and telecommunications. The firm partners with management teams to grow its portfolio companies through operational improvements, organic growth, and strategic acquisitions. GTCR manages about $45 billion in equity capital.

Elliott is a global investment management firm founded in 1977 that invests across public and private markets, including technology and private equity. Headquartered in West Palm Beach, Florida, the firm manages roughly $80.3 billion in assets, on behalf of institutional and individual investors.

Deal Details and Timeline:

In July, Reuters reported that CCC was exploring a sale of the company. The stock was trading at $5.38 before the company hired Morgan Stanley to advise on the sale process and reached out to prospective buyers, including private equity firms.

The deal is expected to close in the first quarter of 2027.

CCC appointed Morgan Stanley as its financial advisor and Kirkland & Ellis as its legal advisor. GTCR and Elliott engaged J.P. Morgan and Citi as financial advisors, and Simpson Thacher & Bartlett, Gibson, Dunn & Crutcher, and Debevoise & Plimpton as legal advisors.

The acquisition price is 18.15 times the EBITDA of CCC.

Deal Metrics:

For a comprehensive understanding of the M&A transaction, please visit the Deal Metrics page:

Deal Metrics for the acquisition of CCC Intelligent Solutions Holdings Inc. (CCC) by GTCR and Elliott Investment Management L.P.

The Deal Metrics page provides detailed insights, including:

• A spread history chart of the merger from announcement to completion or failure.
• Progress of the merger through HSR period expiration, regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And much more.

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Editor’s Note: Baranjot Kaur contributed to this article