Insurance Tech Firm CCC Information to Go Public Via $7B SPAC Deal February 3, 2021 CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp, in a deal that valued the data and technology provider to auto and insurance firms at about $7 billion. The deal is expected to fetch CCC Information $968 million, including a $150 million private investment from Fidelity Investments, T. Rowe Price and others. Funds associated with Dragoneer and billionaire Michael Bloomberg’s family office have also separately invested $175 million. The company, founded in 1980, allows insurance holders to get a repair estimate of damaged vehicles once they upload photos on its app. Nearly 300 U.S. insurers use its technology, according to the company’s website.