CCC Intelligent Solutions Reportedly Exploring Sale
CCC Intelligent Solutions is exploring a sale of the company, according to a report from Yahoo Finance. Yahoo’s sources said the Chicago-based company has hired Morgan Stanley to advise on a sale process and has reached out to prospective buyers.
The news was first reported by Reuters on July 9. The news company said CCC’s stock value has dropped from $6.4 billion a year ago to approximately $3.3 billion today due to investor concerns about slowing growth, weaker industry claims volumes, and slower-than-expected adoption of some of its newer software products. The company's shares have declined about 44% over the past 12 months. Following Reuter’s report on July 9, shares rose 13% to $6.09 in after-hours trading.
CCC Intelligent Solutions Inc. Makes software for insurers, repairers, automakers, part suppliers, and lenders to manage accident claims, vehicle repairs, workflows, and order parts. CCC One is of the most used platforms in the country with 64% of shops ordering parts through it, according to Mike Anderson of Collision Advice.
Reuters reported this isn’t the first time CCC has explored a sale. In 2023, the company was considering strategic options, including a potential sale after attracting takeover interest, but no transaction materialized.
Advent International acquired the company in 2017 and took it public in 2021. It fully exited its investment in 2025 through a series of secondary share offerings, including the sale of its remaining stake in November.
