Goodwin Advises Morgan Stanley on CCC Intelligent Solutions’ $6.1 Billion Acquisition by GTCR and Elliott
The Public M&A and Technology teams advised Morgan Stanley & Co. LLC, serving as financial advisor to CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC), in entering a definitive agreement to be acquired by a consortium of private investment firms led by GTCR, and including Elliott Investment Management L.P., in an all-cash transaction with an enterprise value of approximately $6.1 billion. Under the terms of the agreement, holders of CCC common stock will receive $7.75 in cash per share.
CCC Intelligent Solutions Holdings Inc. is a leading SaaS and AI platform powering the multi-trillion-dollar insurance and repair economy. CCC connects more than 35,000 businesses, including insurers, repairers, automakers, and parts suppliers, through the workflows where claims and repair decisions are made every day. With AI built into those workflows for over a decade and informed by more than 40 years of industry data, CCC helps customers manage growing complexity and move work forward with confidence.
Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management, and investment management services. With offices in more than 41 countries, the firm’s employees serve clients worldwide including corporations, governments, institutions, and individuals.
The Goodwin team was led by Josh Zachariah, James Ding, Deborah Birnbach, and Justice Njoku.
For more information on the deal, please read the press release.