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You are here: Home / News / CCC Information Services to Go Public Through SPAC Merger

CCC Information Services to Go Public Through SPAC Merger

February 3, 2021 By CollisionWeek Editor

Will merge with a special purpose acquisition company formed by Dragoneer Investment Group that places an approximately $7 billion value on the company.

CCC Information Services Inc. and Dragoneer Growth Opportunities Corp. (NYSE: DGNR), a special purpose acquisition company (SPAC) formed by an affiliate of Dragoneer Investment Group, announced a merger agreement between Dragoneer and CCC’s parent holding company. Upon closing of the transaction, the combined company is expected to be renamed CCC Intelligent Solutions Holdings Inc. and is expected to be listed on the New York Stock Exchange.

SPACs are a type of blank check company created to pool

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Filed Under: News Tagged With: Acquisitions, Advent International, CCC Information Services, Dragoneer Investment Group

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