GTCR and Elliott Investment Management have agreed to take CCC Intelligent Solutions private in an all-cash transaction valued at approximately $6.1bn. The GTCR-led consortium will pay $7.75 per share in cash, representing a 44% premium to CCC's closing price on 9 July 2026 and about 59% above its 30-day average. This deal follows a strategic review by CCC's board, which highlighted confidence in the company's growth trajectory.
Githesh Ramamurthy, chairman and chief executive of CCC Intelligent Solutions, stated: "Our Board of Directors is confident this transaction recognizes the strength of the business our team has built while delivering immediate and premium cash value to our stockholders." The all-cash acquisition provides a substantial capital injection, strengthening CCC's position in the enterprise software sector and marking a significant milestone for both private equity partners and the target company.
Source: PE Insights · Summarized by HeadlinesBriefing