InsideArbitrage Potential Deal Alert: Bain Capital Weighs Deal for Advent’s CCC Insurance Software (CCCS)

POTENTIAL DEAL DETAILS

According to Bloomberg, Bain Capital and TPG Inc. (TPG)  are weighing a deal for CCC Intelligent Solutions Holdings Inc., (CCCS) the car-insurance software provider controlled by Advent International.

CCC Intelligent Solutions Holdings Investor Relations

Update(s):

October 24, 2023: According to SeekingAlpha, majority owner Advent halted the sale process for  CCC Intelligent Solutions Holdings Inc., (CCCS).

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.