GTCR and Elliott Agree to Acquire CCC Intelligent Solutions for $7.75 Per Share
CCC Intelligent Solutions announced on October 15, 2026 that it had entered into a definitive all-cash agreement to be acquired by a consortium led by GTCR and including Elliott Investment Management. CCC stockholders will receive $7.75 per share, implying enterprise value of approximately $6.1 billion. CCC’s board approved the transaction, which is expected to close in the first quarter of 2027 subject to customary conditions including regulatory and stockholder approvals; CCC will remain publicly traded until closing.
This is a definitive all-cash take-private agreement in which a GTCR-led consortium including Elliott will acquire CCC Intelligent Solutions for approximately $6.1 billion in enterprise value. The transaction is a major, forward-looking corporate-control catalyst, although prior reports of a potential sale and advanced discussions reduce its surprise relative to an unanticipated bid; importance is therefore high at 0.84 and surprise is moderate at 0.46. The agreement was dated October 14, 2026 and publicly disclosed on October 15; because the exact execution time is not stated, the occurrence timestamp uses midnight UTC as a date-level estimate. The approved stakeholders are limited to the target, explicitly named financing/advisory participants, and Copart as a previously reported potential bidder whose acquisition path is affected; broader competitors, customers, and service providers have only speculative indirect effects and are excluded.
GTCR, ELLIOTT TO BUY CCC INTELLIGENT FOR $7.75/SHR IN CASH
GTCR and Elliott Investment Management are acquiring car-insurance software provider CCC Intelligent Solutions Holdings for about $4.6 billion.