The shares are listed on the Nasdaq Global Select Market

Davis Polk advised the underwriters in connection with the $433.7 million secondary offering of 42,000,000 shares of common stock of CCC Intelligent Solutions Holdings Inc. sold by certain selling stockholders. CCC Intelligent Solutions Holdings repurchased 7,000,000 shares from the underwriters in the offering. 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. Leveraging decades of deep domain experience, CCC’s industry-leading platform processes more than $100 billion in annual transaction value across this ecosystem, digitizing workflows and connecting more than 30,000 companies across the P&C insurance economy, including insurance carriers, collision repairers, parts suppliers, automotive manufacturers, financial institutions and others.

The Davis Polk capital markets team included partner Michael Kaplan, counsel Christopher H. Van Buren and John H. Runne and associate Joshua L. Bi. The intellectual property team included partner Frank Azzopardi and associate Francesca Masella. All members of the Davis Polk team are based in the New York office.