CCC Intelligent Solutions explores sale, hires Morgan Stanley

Corporate Action

โดย Reuters·Read original

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CCC Intelligent Solutions is exploring a sale and has hired Morgan Stanley to advise on the process, according to three people familiar with the matter. The Chicago-based company has reached out to prospective buyers, including private equity firms. CCC provides software used by auto insurers, collision repair shops, automakers and parts suppliers to manage accident claims and vehicle repairs, connecting more than 35,000 businesses. Its market value has fallen to roughly $3.3 billion from about $6.4 billion a year ago amid slowing growth and weaker claims volumes. Advent International, which took CCC public in 2021, fully exited its investment in 2025.