{
  "id": 14912027,
  "title": "GTCR and Elliott to acquire CCC Intelligent Solutions in $4.6bn deal",
  "url": "https://urgent.news/2026/10/16/gtcr-and-elliott-to-acquire-ccc-intelligent-solutions-in-4-6bn-deal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T08:36:00.000Z",
  "source": {
    "name": "Hedgeweek",
    "slug": "hedgeweek",
    "url": "https://hedgeweek.com/news/gtcr-and-elliott-to-acquire-ccc-intelligent-solutions-in-4-6bn-deal"
  },
  "original_language": "en",
  "account": "Private equity firms GTCR and Elliott Investment Management have struck a $4.6bn deal to acquire automotive insurance software provider CCC Intelligent Solutions Holdings, Bloomberg reported. The transaction values CCC at around $6.1bn including debt. Shareholders will receive $7.75 per share, a 44% premium to the company's closing price on July 9. The deal is pending regulatory approval and is expected to finalize in the first quarter of 2027. CCC's software aids automotive insurers and repair businesses in managing claims and vehicle repairs. The company went public in 2021 following a merger with a special purpose acquisition company and was previously owned by Advent International, which sold its stake in 2025. Elliott had built a stake in CCC earlier this year and pursued the acquisition through its private equity arm. The move marks a return to private ownership for CCC. GTCR's head of technology media and telecommunications, Mark Anderson, noted the firm's long-standing interest in CCC and potential support for its growth through AI-driven solutions.",
  "summary": "Private equity firm GTCR and Elliott Investment Management have agreed to acquire automotive insurance software provider CCC Intelligent Solutions Holdings in a $4.6bn take-private transaction, according to a report by Bloomberg. The deal values CCC at approximately $6.1bn including debt, with shareholders set to receive $7.75 per share in cash, representing a 44% premium to the company's closing…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}