GTCR and Elliott in Advanced Talks to Acquire CCC Intelligent Solutions, Bloomberg Reports

GTCR and Elliott in advanced talks to acquire CCC Intelligent Solutions. Shares jump as deal nears.

October 10, 2026 One Min Read

POLICY WIRE — Chicago, United States — Private equity firm GTCR and activist investor Elliott Investment Management are reportedly engaged in advanced negotiations to acquire software provider CCC Intelligent Solutions, according to a report from Bloomberg News on Friday.

The company, which offers tools for auto insurers, repair shops, automakers, and parts suppliers, saw its stock rise approximately 11 percent during extended trading following the news. A potential deal could be announced as early as next week, though no final agreement has been reached, as per the report.

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CCC, Elliott, and GTCR have not yet responded to requests for comment from Reuters. The potential acquisition comes after earlier reports that Copart, an online vehicle auctioneer, had also explored buying CCC. In July, Reuters noted that CCC was considering a sale, having hired Morgan Stanley to assist with the process and reaching out to potential buyers, including private equity firms.

Reporting by Policy-Wire (PW)

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