M&A
confidence high
sentiment positive
materiality 0.90
CCC Intelligent Solutions to be acquired by GTCR and Elliott for $7.75/share cash in ~$6.1B deal
CCC Intelligent Solutions Holdings Inc.
- All-cash merger at $7.75 per share; enterprise value approximately $6.1B; CCC survives as a wholly owned subsidiary of Mozart Parent, LLC.
- Price is a ~44% premium to CCC's unaffected closing price on July 9, 2026 and ~59% to the 30-day average price as of that date.
- Company owes Parent a $149,520,000 termination fee in specified cases; Parent owes CCC $313,992,000 if it fails to close after conditions are met; outside date April 14, 2027.
- Chairman/CEO Githesh Ramamurthy and President Tim Welsh signed Rollover and Support Agreements to vote their shares for the deal and roll stock into Mozart Topco, LP.
- Closing needs majority stockholder approval and HSR antitrust clearance; the board unanimously approved and recommends the transaction.