{"id":92204,"date":"2026-10-12T06:06:35","date_gmt":"2026-10-12T10:06:35","guid":{"rendered":"https:\/\/hedgeco.net\/news\/10\/2026\/gtcr-and-elliott-were-reported-to-be-in-advanced-talks-to-acquire-ccc-intelligent-solutions.html"},"modified":"2026-10-12T06:06:35","modified_gmt":"2026-10-12T10:06:35","slug":"gtcr-and-elliott-were-reported-to-be-in-advanced-talks-to-acquire-ccc-intelligent-solutions","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2026\/gtcr-and-elliott-were-reported-to-be-in-advanced-talks-to-acquire-ccc-intelligent-solutions.html","title":{"rendered":"GTCR and Elliott Were Reported to Be in Advanced Talks to Acquire CCC Intelligent Solutions:"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/10\/2026-10-12-ccc-hero.jpg\" alt=\"GTCR and Elliott Were Reported to Be in Advanced Talks to Acquire CCC Intelligent Solutions\" \/><\/p>\n<p>HedgeCo.Net \u2014 Private equity firm GTCR and Elliott Investment Management are in advanced talks to acquire CCC Intelligent Solutions, the Chicago-based provider of software used by auto insurers, repair shops, automakers and parts suppliers, according to reports from Bloomberg News and Reuters on Friday.<\/p>\n<p>A deal could be announced as soon as this week, but a final agreement had not been reached, according to people familiar with the matter. Bloomberg reported that the timing and details could change, that talks could end without a deal, and that another bidder could emerge. No financial terms were disclosed. Elliott declined to comment to Reuters, and CCC and GTCR did not immediately respond.<\/p>\n<p>CCC shares rose about 13% in extended trading after the initial report. Reuters reported in July that CCC was exploring a sale and had hired Morgan Stanley to advise on the process, and Bloomberg reported in August that online vehicle auctioneer Copart had been in talks to acquire the company.<\/p>\n<p>The company has a long private equity history. Advent International acquired CCC in 2017, took it public through a merger with a special-purpose acquisition company in 2021, and fully exited its investment in 2025 through a series of secondary share offerings. Bloomberg reported that CCC had been working with an adviser to explore options after Elliott built a large position in the company.<\/p>\n<p>If a deal is signed, it would mark another case of an activist hedge fund moving from shareholder to co-owner alongside a buyout firm. That model gives an activist a direct route to realize the value it argues the public market is missing, while the private equity partner brings operating resources and financing. Investors will be watching for the price and for whether a competing bid surfaces before any announcement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo.Net \u2014 Private equity firm GTCR and Elliott Investment Management are in advanced talks to acquire CCC Intelligent Solutions, the Chicago-based provider of software used by \u2026 <a class=\"continue_reading_link btn btn-mini\" href=\"https:\/\/hedgeco.net\/news\/10\/2026\/gtcr-and-elliott-were-reported-to-be-in-advanced-talks-to-acquire-ccc-intelligent-solutions.html\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":92203,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[16196,16757,16756,16755,16754,16554],"class_list":["post-92204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-private-equity","tag-activist-investing","tag-auto-insurance","tag-ccc-intelligent-solutions","tag-elliott-investment-management","tag-gtcr","tag-take-private"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=92204"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/92204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media\/92203"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=92204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=92204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=92204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}