Private equity firm Advent International, the majority owner of CCC Intelligent Solutions, previously was said to have begun a search into a sale of the provider of software to the car insurance industry in September, but Advent’s exploration of a sale has been pulled, three sources familiar told Dealreporter’s Diane Alter, contacts tell The Fly.
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Read More on CCCS:
- Bain, TPG weighing deal for CCC Intelligent Solutions, Bloomberg says
- CCC Intelligent Solutions up 6% after Bloomberg report on PE suitors
- CCC Intelligent Solutions initiated with a Buy at Stifel
- Advent weighs sale of CCC Intelligent Solutions, Reuters reports
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