Recent Updates — CCC

CCC Intelligent Solutions Holdings Inc. reported third-quarter 2026 total revenue of $294.1 million, a 10.1% increase from the prior year period. GAAP net income was $30.2 million compared to a net loss of $2.0 million in the same quarter last year, while adjusted EBITDA rose 18.5% to $130.5 million. The company also announced a definitive agreement to be acquired by a consortium led by GTCR and including Elliott Investment Management for $7.75 per share in cash, representing an enterprise value of approximately $6.1 billion. Subject to regulatory and stockholder approvals, the transaction is expected to close in the first quarter of 2027, at which point CCC will become a privately held company. The company operates as a leading SaaS and AI platform provider for the insurance economy.

CCC Intelligent Solutions Holdings Inc. entered into a definitive Agreement and Plan of Merger with Mozart Parent, LLC (an affiliate of GTCR) and Elliott Investment Management L.P. Under the terms, each outstanding share of CCC common stock will be converted into $7.75 in cash. The transaction values the company at an enterprise value of approximately $6.1 billion and represents a premium of roughly 44% to the unaffected closing price on July 9, 2026. The Board unanimously approved the deal and recommends adoption by stockholders. Closing is expected in the first quarter of 2027, subject to customary conditions including stockholder approval and regulatory clearances under the Hart-Scott-Rodino Act. CCC Intelligent Solutions Holdings Inc. operates as a leading SaaS and AI platform provider for the insurance and repair economy.