CCC Agrees to $6.1 Billion Buyout by GTCR Group
CCC Intelligent Solutions shareholders would receive $7.75 per share in cash under a deal led by GTCR with Elliott Investment Management.
Updated on Nov. 4, 2026 in Auto Parts
CCC Intelligent Solutions agreed to a buyout by a GTCR-led consortium that includes Elliott Investment Management, giving the company an enterprise value of approximately $6.1 billion. Shareholders would receive $7.75 per share in cash upon completion of the transaction.
Why it matters
The $7.75 per share offer represents a roughly 44% premium to the July 9 closing price, which preceded media speculation about a potential sale. The deal would take CCC off Nasdaq, while its software connecting more than 35,000 businesses, including insurers, repair shops, automakers and parts suppliers, would continue under new private ownership.
The offer values CCC at an enterprise value of approximately $6.1 billion, with the $7.75 cash price representing a roughly 44% premium over the July 9 close. The deal remains subject to shareholder and regulatory approvals before closing in the first quarter of 2027.
The players
CCC Intelligent Solutions
CCC Intelligent Solutions is a publicly traded software company whose platform connects insurers, auto repair shops, automakers and parts suppliers.
GTCR
GTCR is a private equity firm that leads the consortium acquiring CCC Intelligent Solutions.
Elliott Investment Management
Elliott Investment Management is an activist investment firm that is part of the buyout consortium led by GTCR.
The details
Directors approved the transaction following a review of strategic alternatives. CCC will remain independently operated and publicly traded until completion, after which its shares will no longer be listed on Nasdaq.
Timeline
July 9: Closing share price used as the baseline for the offer premium, which preceded media speculation about a sale.
First quarter 2027: Expected closing of the buyout transaction.
Roadmap
The buyout follows a wave of private equity take-privates of publicly traded software companies, where investors seek to reshape businesses away from quarterly reporting. GTCR and Elliott plan to support further investment in product development and AI capabilities after the deal closes.
Drivers and repair shops will not see immediate changes, as CCC remains operating and publicly traded until the deal closes. Once complete, the software platform used by insurers and repair shops will be owned privately with planned AI and product investment.
The takeaway
Private ownership could change how CCC's software platform evolves, since its shares will leave public markets and its investment priorities will be set by its new owners. Readers tracking auto repair and insurance technology should watch for shareholder and regulatory decisions before the expected 2027 close.
What happens next
Closing of the transaction is expected in the first quarter of 2027, pending shareholder and regulatory approvals.
Further reading
For more on the parts and repair supply chain, see Auto Parts coverage.
Source note: This article includes information reported by The AI Software Report.
