CCC Intelligent Solutions Holdings $230 million secondary offering
The shares are listed on the Nasdaq Global Select Market
Davis Polk advised the representatives of the several underwriters in connection with the $230 million secondary offering of 22,000,000 shares of common stock of CCC Intelligent Solutions Holdings Inc. sold by certain selling stockholders. The common stock is listed on the Nasdaq Global Select Market under the symbol “CCCS.”
CCC is a leading provider of innovative cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. Its SaaS platform connects trading partners, facilitates commerce and supports mission-critical, AI-enabled digital workflows.
The Davis Polk capital markets team included partner Michael Kaplan and counsel Chris Van Buren. The intellectual property team included partner Frank J. Azzopardi and associate S. Dream Montgomery. The tax team included counsel Christopher A. Baratta and associate Michelle Zhao. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.