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CHICAGO - Advent International is selling its entire stake in CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCC) through a secondary offering priced at $7.79 per share, according to a company press release. The offering price represents a slight discount to CCC’s current trading price of $7.84. InvestingPro analysis indicates the company is currently undervalued based on its proprietary Fair Value model.
The offering consists of 37,342,526 shares of common stock, representing all shares held by the Advent International affiliates prior to the transaction. The sale is expected to close around November 7, 2025, subject to customary closing conditions.
CCC Intelligent Solutions will not receive any proceeds from the offering as all shares are being sold by the existing stockholders. Goldman Sachs & Co. LLC is serving as the book running manager for the transaction.
The offering is being conducted through an effective shelf registration statement previously filed with the Securities and Exchange Commission.
CCC Intelligent Solutions operates as a software-as-a-service platform provider for the insurance industry. The company’s CCC Intelligent Experience Cloud platform connects more than 35,000 businesses across the insurance ecosystem, including insurers, repair facilities, automakers, and parts suppliers. The company reported revenue of $1.03 billion for the last twelve months, with a solid 10.64% revenue growth rate and impressive 75.12% gross profit margin. InvestingPro rates CCC’s overall financial health as "FAIR" with strong scores in growth and relative value metrics. Discover comprehensive analysis in CCC’s Pro Research Report, one of 1,400+ deep-dive reports available on InvestingPro.
The transaction represents a complete exit for Advent International from its investment in the company. The offering is being made pursuant to a prospectus supplement and accompanying base prospectus that became effective in October 2022.
In other recent news, CCC Intelligent Solutions Holdings Inc. reported a 12% year-over-year increase in revenue for the second quarter of 2025, totaling $260.5 million. The company’s adjusted EBITDA was $108 million, reflecting a 42% margin. In a separate development, Advent International announced a secondary offering of 37.3 million shares of CCC Intelligent Solutions’ common stock, with no proceeds going to the company. Additionally, CCC Intelligent Solutions expanded its integration with Opus IVS, enhancing advanced driver assistance systems capabilities within its CCC ONE platform. This integration allows collision repair shops to access ADAS Map calibration recommendations directly within their workflow. Furthermore, board member Lauren Young announced her intention to resign from the company’s board of directors by the end of 2025, with no successor named yet. These developments highlight ongoing changes and growth within CCC Intelligent Solutions.
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