According to a report by Reuters, Advent International is considering selling its stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS). The private equity firm acquired its stake in 2017 when it purchased the company from CCC’s previous owners Leonard Green & Partners (LGP) and TPG Capital (TPG). CCC was taken public in 2021 through a […]
CCC Information Services to Go Public Through SPAC Merger
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 Acquired by Advent International
Private equity firm acquires insurance and collision repair industry software provider. CCC Information Services Inc., the software and service provider to the automotive, insurance, and collision repair industries, announced today that Advent International, a global investment firm with deep experience in the technology sector, will purchase equity assets from CCC’s previous owners Leonard Green & Partners […]