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 […]
Collision Repair Schools Receive $7 Million in Software Subscriptions from Information Providers in 2016
Audatex, CCC and Mitchell support pre-employment education through Collision Repair Education Foundation The Collision Repair Education Foundation announced that industry information providers, Audatex, CCC and Mitchell, have provided more than $7 million in software to schools across the United States in 2016. Audatex, a Solera Company, donated over $2.3 million in software subscriptions to collision […]
CCC Information Services Reportedly Up for Sale
Private equity firms reportedly exploring sale of collision repair industry information provider. CCC Information Services, Inc. may be up for sale according to an article last week by Bloomberg. Founded in 1980 and based in Chicago, Ill., CCC, once a public company, taken private in 2006. According to the article, CCC’s private equity backers, […]
Diamond Standard Rolls Out Parts Reference Tool for Step Bumper Assemblies
Collision repair and insurance company estimators have a new resource to help identify step bumper assembly components. Diamond Standard announced that its DS PartsPath, provides photos and descriptions of all assembly component included in their Full Assembly Step Bumper Systems with OEM reference numbers for comparison and evaluation. In addition, over 1600 other Diamond Standard […]
Enterprise Supports Open, No-Cost Data Platform for Collision Repair Industry and Auto Claims
Enterprise Rent-A-Car issued a statement yesterday in support of open, no-cost data sharing for the collision repair industry and auto insurance claims. “We firmly believe models that create barriers to vehicle and repair data could be detrimental to the industry,” said Mike Hawkins, Vice President of Business Development for Enterprise Holdings Inc., which owns the […]
CCC Names Andreas Hecht to Lead New OEM Business Unit
CCC Information Services Inc. announced that Andreas Hecht has joined the company as Senior Vice President and General Manager of a new business unit that will be focused solely on Original Equipment Manufacturers (OEMs). Hecht joins CCC from Inrix, a leading provider of traffic information, connected car services, and geo analytics that focuses on the […]
Collision Repair Education Foundation Awards Over $750,000 in School Grants
The Collision Repair Education Foundation on November 1 awarded over $750,000 in grants to schools teaching collision repair across the U.S. Grants were available in several categories. The Foundation awarded grants worth $1,100 each to 37 schools as part of its Ultimate Collision Education Makeover. The winners included: Academy for Careers & Technology (Mullins, SC) […]
CCC and American Honda Collaborate on Recall Notification
American Honda to share its open recall data with CCC. Will enable automatic recall alert as collision repair estimates are written for affected Honda and Acura vehicles CCC Information Services Inc. and American Honda Motor Co., Inc. announced today they are working together to strengthen and extend American Honda’s recall outreach efforts. American Honda is the […]
CCC Introduces CCC Secure Share Network
Network uses a cloud-based API and the CIECA Business Message Suite (BMS) to provide collision repairers with a more secure channel to exchange data. CCC Information Services Inc. announced today the launch of its CCC Secure Share Network, a network using a cloud-based application program interface (API) that will allow collision repairers to control the […]
CCC Harnesses Telematics to Improve Claims Management
CCC Information Services Inc., together with its affiliated companies, has launched a new suite of telematics-enabled claims offerings that will improve and speed accident notification along with the steps and decisions undertaken by insurers after their policyholder has been in an accident. Powered by the CCC DRIVE telematics platform, these offerings include electronic crash detection, […]