Advent International Affiliates Price $296.7M CCC Intelligent Share Sale at $9.89 Per Share

Advent International affiliates are pricing a $296.7M share sale of CCC Intelligent Solutions at $9.89 per share. The offering, expected to close on August 7, 2025, will not generate any proceeds for the company as all shares are being sold by existing investors. The sale is part of a secondary offering that will impact CCC Intelligent Solutions' ownership structure but not its operations or financial performance.

Advent International affiliates have priced a secondary offering of 30 million shares of CCC Intelligent Solutions (NASDAQ: CCCS) at $9.89 per share, totaling $296.7 million. The offering is expected to close on August 7, 2025, and will not generate any proceeds for the company as all shares are being sold by existing investors [1][2].

The sale is part of a secondary offering that will impact CCC Intelligent Solutions' ownership structure but is not expected to affect its operations or financial performance. Goldman Sachs & Co. LLC is acting as the book running manager for the offering, which is being made pursuant to an effective shelf registration statement on Form S-3 [2].

In the second quarter of 2025, CCC Intelligent Solutions reported strong financial results, with revenue growing 12% year-over-year to $260.5 million, and adjusted EBITDA margin increasing to 42%. The company also announced the appointment of Barak Eilam to its Board of Directors and continued to see solid momentum in its Casualty business [3].

References:
[1] https://seekingalpha.com/news/4479438-advent-international-affiliates-price-2967m-ccc-intelligent-share-sale
[2] https://www.morningstar.com/news/business-wire/20250805594471/ccc-intelligent-solutions-announces-pricing-of-secondary-offering-of-30-million-shares-of-common-stock
[3] https://www.businesswire.com/news/home/20250730532152/en/CCC-Intelligent-Solutions-Holdings-Inc.-Announces-Second-Quarter-2025-Financial-Results