GTCR and Elliott take CCC Intelligent private for 6.1 billion dollars

CCC Intelligent Solutions has agreed to be acquired by a GTCR led consortium including Elliott Investment Management in an all cash deal with an enterprise value of about 6.1 billion dollars, paying shareholders 7.75 dollars a share.

Why it matters: The take private is one of the largest software buyouts of the year and a 44 percent premium for a platform embedded in US auto insurance claims, a sign private equity is still paying up for AI driven workflow software.

Data as of Announced Thursday, October 15, 2026. Terms are from the company's own GlobeNewswire release, corroborated by PE Hub; Bloomberg's 4.6 billion dollar figure appears to be the equity value rather than the enterprise value. Developing item.

CCC Intelligent Solutions, the Chicago based SaaS and AI platform for the auto insurance claims economy, said on Thursday it has signed a definitive agreement to be acquired by a consortium led by GTCR and including Elliott Investment Management, in an all cash transaction with an enterprise value of about 6.1 billion dollars. Shareholders will receive 7.75 dollars a share, a premium of about 44 percent to the unaffected close on July 9, before sale speculation surfaced, and about 59 percent to the 30 day average price to that date. The board approved the deal unanimously and it is expected to close in the first quarter of 2027, subject to shareholder and regulatory approvals, taking private a platform that connects more than 35,000 businesses across insurers, repairers and suppliers.

GTCR and Elliott take CCC Intelligent private for 6.1 billion dollars

Sources