AdvertisementAdvertisementBusiness10 Oct 2026 05:15AM (Updated: 10 Oct 2026 05:36AM) Bookmark Bookmark WhatsApp Telegram Facebook Twitter Email LinkedInAdd CNA as a trusted source to help Google better understand and surface our content in search results.Read a summary of this article on FAST.Get bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST Oct 9 : Private equity firm GTCR and activist investor Elliott Investment Management are in advanced talks to acquire software provider CCC Intelligent Solutions, Bloomberg News reported on Friday, citing people familiar with the matter.Shares of the company, which provides software that helps auto insurers, repair shops, automakers and parts suppliers manage operations, rose about 11 per cent in extended trading.• A deal could be announced as soon as next week, however, a final agreement had not been reached, the report said, without disclosing financial details• CCC, Elliott and GTCR did not immediately respond to Reuters' requests for commentShow MoreShow Less• Bloomberg News had reported in August that online vehicle auctioneer Copart was in talks to acquire CCC• In July, Reuters had reported that CCC was exploring a sale and that the Chicago-based company had hired Morgan Stanley to advise on the process and reached out to potential buyers, including private equity firms• Advent International, which acquired CCC in 2017 and took the company public through a merger with a special-purpose acquisition company in 2021, exited its investment in 2025 through a series of secondary share offerings, including the sale of its remaining stakeSource: ReutersNewsletterWeek in ReviewSubscribe to our Chief Editor’s Week in ReviewOur chief editor shares analysis and picks of the week's biggest news every Saturday.Sign up for our newslettersGet our pick of top stories and thought-provoking articles in your inboxSubscribe hereGet the CNA appStay updated with notifications for breaking news and our best storiesDownload hereGet WhatsApp alertsJoin our channel for the top reads for the day on your preferred chat appJoin hereAlso worth readingContent is loading...Expand to read the full storyGet bite-sized news via a newcards interface. Give it a try.Click here to return to FAST Tap here to return to FASTFAST