The roughly 6.1 billion US dollars deal takes the company private, with closing expected in the first quarter of 2027.

A deal at 7.75 US dollars per share

On October 15, CCC Intelligent Solutions announced a definitive agreement to be acquired by a consortium led by private equity firm GTCR, with Elliott Investment Management. Shareholders will receive 7.75 US dollars per share in cash, a premium of about 44 per cent over the unaffected closing price on July 9, 2026. The enterprise value is about 6.1 billion US dollars, or roughly 8.4 billion Canadian dollars.

A central player in repair

According to Collision Repair Magazine, CCC provides the CCC ONE estimating software used throughout the collision repair industry. The company connects more than 35,000 businesses across the insurance and repair economy.

Next steps

The board of directors unanimously approved the transaction. Closing is expected in the first quarter of 2027, subject to regulatory and shareholder approvals. Auto-Gestion will continue to follow the story.

Picture credit : CCC Intelligence web site