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/PRNewswire/ -- The "Insurance Telematics in Europe and North America - 6th Edition" report has been added to ResearchAndMarkets.com's offering. What are the...
/PRNewswire/ -- The "Insurance Telematics in Europe and North America - 6th Edition" report has been added to ResearchAndMarkets.com's offering. What are the...
CCC Information Services Going Public in $7 Billion Blank Check Transaction By Niket Nishant | 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 valuing the data and technology provider to automotive and insurance companies at about $7 billion. The deal is expected to fetch CCC Information $968 million in proceeds, including a $150 million private investment from Fidelity Investments, T. Rowe Price and others. A special purpose acquisition co...
CCC Information Services CEO Githesh Ramamurthy CCC Information Services, the Chicago-based software firm that’s built a $600 million business on a digital platform serving the property and casualty insurance industry, is returning to the public markets. Fourteen years after selling to an investment firm and then bouncing through two more private-equity owners, CCC has a deal to go public via a transaction with a special purpose acquisition company—called a SPAC—run by San Francisco-based Dragoneer Investment Group. The deal will value CCC at about $6.5 billion and is slated to be fina...
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 of...