M&A · Tech · Buyer's industry: Services-Prepackaged Software
CCC Intelligent Solutions Holdings Inc. to acquire EvolutionIQ
Announced Dec 20, 2024 · Closed Jan 7, 2025 · Private target
Deal value$730M
Premium—To unaffected price
EV / Adj. EBITDA—
ConsiderationCash and stock
Transaction
- Acquirer
- CCC Intelligent Solutions Holdings Inc. (CCCS)
- Target
- EvolutionIQ
- Buyer type
- Strategic
- Offer price per share
- —
- Enterprise value
- —
- Status
- Closed Jan 7, 2025
Deal protections
Not disclosed for private-company acquisitions.
Advisors
- To the acquirer
- JPMorgan, Citigroup
- To the target
- Not disclosed
Classification
- Sector
- Tech
- Buyer's industry
- Services-Prepackaged Software