SCHEDULE 13D/A: Advent International Affiliates Disclose 10.2% Stake in CCC Intelligent Solutions Holdings Inc. Following Recent Transactions

Sentiment:

Amendment to Beneficial Ownership Report


An amendment to Schedule 13D reveals that Advent International and its affiliated entities collectively beneficially own 10.2% of CCC Intelligent Solutions Holdings Inc.'s common stock after transactions on May 20, 2025.

Summary

  • Advent International, L.P. and its affiliated reporting persons collectively beneficially own 67,342,526 shares of CCC Intelligent Solutions Holdings Inc. Common Stock.
  • This aggregate beneficial ownership represents approximately 10.2% of the Issuer's outstanding common stock.
  • The percentage is calculated based on 659,060,196 shares of common stock outstanding as of April 29, 2025, as reported in the Issuer's Form 10-Q filed on May 6, 2025.
  • The beneficial ownership includes shares held directly by Cypress Investor Holdings, L.P. (49,397,891 shares), Advent International GPE VIII-C Limited Partnership (1,562,344 shares), and GPE VIII CCC Co-Investment (Delaware) Limited Partnership (16,382,291 shares).
  • Various Advent International entities, including Advent International GP, LLC, Advent International GPE VIII, LLC, Cypress Investment GP, LLC, GPE VIII GP S.a.r.l, and GPE VIII GP Limited Partnership, are deemed to beneficially own these shares through their roles as general partners or managers.
  • The reported beneficial ownership excludes a contingent right to receive an aggregate of up to 9,919,012 Earnout Shares, as previously defined.
  • The reporting persons may be deemed to constitute a 'group' under Section 13(d)(3) of the Exchange Act due to Transaction Agreements.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain subjective language or performance metrics that would indicate a positive or negative sentiment.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the Issuer's future operations or financial performance.

Industry Context

This filing is a standard disclosure of significant beneficial ownership by a private equity firm and its affiliates in a publicly traded company, CCC Intelligent Solutions Holdings Inc., which operates in the software and data analytics industry, primarily serving the automotive insurance and collision repair sectors. Such filings indicate a substantial, long-term investment by a major financial sponsor.

Stakeholder Impact

  • Shareholders: The disclosure of a significant 10.2% stake by Advent International and its affiliates indicates a concentrated ownership, which could influence corporate governance and strategic decisions. This level of ownership suggests a continued interest and potential influence over the company's direction.

Key Dates

DateDescription
2021-08-09Original filing date of the Schedule 13D by the Reporting Persons.
2025-04-29Date as of which 659,060,196 shares of common stock were outstanding, used for percentage calculation.
2025-05-06Date Issuer filed Form 10-Q reporting outstanding shares.
2025-05-20Date of event which required the filing of this statement; transactions with respect to the Issuer's Common Stock were effected.
2025-05-22Date of signing and filing of this Amendment No. 9 to Schedule 13D.

Keywords

Beneficial Ownership, Schedule 13D, SEC Filing, Advent International, CCC Intelligent Solutions Holdings Inc., Common Stock, Institutional Investor, Private Equity, Ownership Stake

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