Form 4: Advent-Affiliated Entities Divest CCC Intelligent Solutions Shares

Entities affiliated with Advent International, including Cypress Investor Holdings and Advent International GPE VIII-C, have sold over 37 million shares of CCC Intelligent Solutions Holdings Inc. common stock in a public offering.

Summary

• Lauren Young, a Director of CCC Intelligent Solutions Holdings Inc. and a Managing Director of Advent International, reported the sale of common stock.
• A total of 37,342,526 shares of Common Stock were sold on November 7, 2025, at a price of $7.7621 per share.
• The sales were conducted in connection with an underwritten public offering, as detailed in a prospectus supplement dated November 5, 2025, and an accompanying registration statement on Form S-3 (File No. 333-267793).
• The shares were sold by entities affiliated with Advent International, specifically Cypress Investor Holdings, L.P., Advent International GPE VIII-C Limited Partnership, and GPE VIII CCC Co-Investment (Delaware) Limited Partnership.
• Following these transactions, the reporting person's indirectly beneficially owned shares from these specific entries are 0.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While a large block sale can create selling pressure, it is a typical part of a private equity firm's exit strategy and does not necessarily reflect negatively on the company's operational performance or future prospects. It simply signifies a change in the shareholder base.

Negatives

• A significant block of shares (over 37 million) was sold, which could create downward pressure on the stock price due to increased supply in the market.
• The divestment by Advent-affiliated entities, a major institutional holder, removes a large investor from the shareholder base.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing, which primarily reports an insider transaction.

Industry Context

This transaction represents a common event in the lifecycle of private equity investments, where firms like Advent International gradually exit their positions in portfolio companies through public offerings after an initial public offering (IPO). Such secondary offerings allow private equity firms to realize returns for their limited partners.

Related Party Transactions

• The sale of shares by Advent-affiliated entities can be considered a related party transaction, as Lauren Young, a Director of CCC Intelligent Solutions Holdings Inc., is also a Managing Director of Advent International, L.P., which controls the selling entities.

Stakeholder Impact

• Shareholders: The sale of a large block of shares could lead to increased supply in the market, potentially impacting the company's stock price in the short term.

Key Dates

Keywords

CCC Intelligent Solutions, Advent International, Form 4, Insider Sale, Secondary Offering, Equity Divestment, Institutional Investor, Public Offering