CCC Intelligent Solutions announced on October 15, 2026, that it entered into a definitive agreement to be acquired by GTCR and Elliott Investment Management. The all-cash transaction values the company at an enterprise value of approximately $6.1 billion.
Transaction Details
Under the terms of the agreement, CCC stockholders will receive $7.75 in cash for each share of common stock. The offer represents a premium of approximately 44% to CCC's unaffected closing stock price on July 9, 2026.
Githesh Ramamurthy, Chairman and CEO of CCC, said the transaction follows a thorough review of strategic options and delivers immediate and premium cash value to stockholders.
Approvals and Next Steps
The transaction has been approved by CCC's Board of Directors and is expected to close in the first quarter of 2027. It remains subject to customary closing conditions, including the receipt of required regulatory approvals and stockholder approval.
Upon completion of the transaction, CCC will become a privately held company and its common stock will no longer be listed on the Nasdaq. The company noted that the transaction is not subject to a financing condition.
Key facts and where they come from
- CCC Intelligent Solutions agreed to be acquired by GTCR and Elliott in a transaction with an enterprise value of approximately $6.1 billion.
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.
- CCC stockholders will receive $7.75 per share in cash.
CCC stockholders will receive $7.75 in cash for each share of CCC common stock
- The transaction is expected to close in the first quarter of 2027.
expected to close in the first quarter of 2027, subject to customary closing conditions