CCC Intelligent Solutions Stock Jumps 9.8% After Buyout Talks
Why is CCC Intelligent Solutions stock up today?
CCC Intelligent Solutions (CCC) stock rose 9.8% to $7.71 on Monday after Bloomberg reported GTCR and Elliott are in advanced talks to buy the auto-insurance software firm, with a deal possibly announced this week.
Key numbers
| CCC share price (Mon) | $7.71+9.8% intraday |
|---|---|
| Friday close | $7.02+6.9% before the report |
| Market cap | $4.54B-25.6% YTD (per [6]) |
| 52-week high | $9.45Shares ~18% below it |
| Q2 2026 revenue | $285.9M+9.8% YoY |
| Q2 adjusted EBITDA | $115.5M40% margin |
What happened
CCC Intelligent Solutions (CCC) stock rose 9.8% to $7.71 on Monday after Bloomberg reported GTCR and Elliott are in advanced talks to buy the auto-insurance software firm, with a deal possibly announced this week. Shares had already gained about 7% on Friday, closing at $7.02, before the report came out. GTCR is a private equity firm, meaning an investment group that buys companies; Elliott is an activist investor that built a large stake in CCC in July. No price has been disclosed, and talks could still end without a deal.
Why it matters
CCC Intelligent Solutions makes the software that many car insurers and repair shops use to estimate damage and settle accident claims. A buyout would move it from the stock market into private hands, and the price paid would show what investors think the business is worth. Its market value is about $4.5 billion, down roughly 26% this year, and one report says it was valued near $8 billion in 2023.
Who this affects
- MarketneutralLow impact
- Traders now watch for a deal price; no terms yet.
- CompanybullishHigh impact
- Shareholders gain on buyout hopes; deal not yet signed.
- CompetitorsneutralLow impact
- Copart, an earlier bidder, reportedly lost out (per).
- IndustryneutralLow impact
- Insurers and repair shops would get a new owner.
CCC Intelligent Solutions vs Verisk, Guidewire, Copart
How we got here
Elliott reported to have built a large minority stake in CCC.
CCC reports Q2 revenue of $285.9M, up 9.8% from a year earlier.
Copart reported in talks to buy CCC, competing with private equity bidders.
Bloomberg reports GTCR and Elliott in advanced talks; shares close up 6.9%.
CCC shares trade near $7.71, up about 9.8%.
What to watch
- Any formal deal announcement, with the price per share versus Friday's $7.02 close.2026-10-16
- Whether another bidder appears or talks end without a deal.Q4 2026
- Q3 results; CCC guided revenue of $289.5M–$291.5M.Q4 2026
Educational content only. Not investment advice.
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