--- title: "CCC Intelligent Solutions' last public quarter shows AI accelerating before GTCR and Elliott buy it at $7.75" description: "CCC's October 29 results are the last financials public shareholders see before a Q1 2027 close: AI revenue compounding 40%, 44% EBITDA margins, and two law firms questioning whether $7.75 a share is a fair price for what the buyers are getting." publisher: "The Inference" section: "Applications" published: 2026-10-30T15:25:27.914Z modified: 2026-10-30T15:25:27.914Z canonical: https://theinference.org/article/ccc-intelligent-solutions-last-public-quarter-shows-ai-accelerating-before-gtcr-and-elliott-buy-it-at-7-75 language: en keywords: "Earnings, M&A, Insurance Software, AI Revenue, Shareholder Rights" --- # CCC Intelligent Solutions' last public quarter shows AI accelerating before GTCR and Elliott buy it at $7.75 > CCC's October 29 results are the last financials public shareholders see before a Q1 2027 close: AI revenue compounding 40%, 44% EBITDA margins, and two law firms questioning whether $7.75 a share is a fair price for what the buyers are getting. [CCC Intelligent Solutions](https://theinference.org/markets/companies/ccc-intelligent-solutions), the insurance-claims software platform, printed its last quarter as a public company on October 29, and the numbers say its fastest line was still accelerating when GTCR and Elliott, two private investment firms, agreed to buy it [1]. Shareholders get $7.75 a share in cash, roughly $6.1 billion in enterprise value, under a deal struck October 15 and expected to close in the first quarter of 2027 [1]. Two shareholder-rights firms are now asking whether that price is fair, and this quarter is the last public evidence anyone will get [3][4]. In light of the proposed transaction, CCC is suspending its practice of providing guidance and will not host a conference call or webcast on the results [1]. After this print, the books go dark. ## The AI line is still speeding up AI-related revenue reached about $130 million on an annualized run-rate, up 40% from a year earlier and up from about $120 million a quarter earlier [1]. CCC frames that as customers moving from AI experiments to AI deployment at scale, including a top-five insurer adopting its Medhub for Auto Casualty, which uses AI to read complex medical records in injury claims [1]. Once the deal closes, private owners see that acceleration and public investors do not. *Chart: **CCC's AI run-rate reached about $130 million in its final public quarter, up 40% year over year** Column chart of CCC's annualized AI-related revenue run-rate across three quarters: about $93 million a year earlier (implied), about $120 million in the prior quarter and about $130 million in Q3 2026.* *Annualized AI-related revenue run-rate as reported by CCC. The Q3 2025 figure is implied by the reported 40% year-over-year growth and is drawn as an estimate. Source: CCC Q3 2026 earnings release. [1]* ## The core business is carrying it Revenue rose about 10% to $294.1 million, adjusted EBITDA rose about 19% to $130.5 million at a 44% margin, and the company swung to $30.2 million of GAAP net income from a $2.0 million loss a year earlier [1][2]. Nine-month free cash flow of $206.5 million is up from $149.6 million [1][2]. The buyers are acquiring a profitable, cash-generative SaaS network, not a turnaround. [1][2] *Chart: **Every adjusted profit line grew faster than revenue in CCC's final public quarter** Grouped column chart comparing CCC's Q3 2025 and Q3 2026 on four measures: revenue $267.1M to $294.1M, adjusted EBITDA $110.1M to $130.5M, adjusted operating income $93.0M to $115.7M, adjusted net income $59.4M to $75.1M, in millions of US dollars.* *Adjusted figures as reported by CCC; GAAP net income swung from a $2.0 million loss to $30.2 million. Millions of US dollars, Q3 2025 vs Q3 2026. Source: CCC Q3 2026 earnings release. [1]* ## Who keeps the upside Chairman and CEO [Githesh Ramamurthy](https://theinference.org/markets/people/githesh-ramamurthy) and president Tim Welsh will roll their equity into the private company, so the people who negotiated the price keep their upside while public holders do not [3]. SBS Law and Brodsky & Smith, both shareholder-rights litigation firms, are investigating whether the board ran a fair process at $7.75 [3][4]. The investigations are early and unproven; what is proven is that management stays and public shareholders leave. ## The vote is the last test of $7.75 The test comes at the stockholder vote ahead of the expected first-quarter 2027 close [1]. Whether $7.75 underprices the AI line cannot be proven from public data, because after this quarter CCC will publish no guidance and host no call [1]. Watch the proxy statement for the board's fairness analysis, and watch whether the two firms' challenges extract any added disclosure or price before the vote [1][3][4]. ## Takeaway CCC's final public quarter shows AI revenue up 40% to a $130 million run-rate with record profits, the last numbers public shareholders get before GTCR and Elliott close the $7.75 buyout in Q1 2027. ## Sources 1. [GlobeNewswire, CCC Intelligent Solutions Holdings Inc. Announces Third Quarter 2026 Financial Results, October 29, 2026](https://www.globenewswire.com/news-release/2026/10/29/3391135/0/en/ccc-intelligent-solutions-holdings-inc-announces-third-quarter-2026-financial-results.html) 2. [Securities.io, CCC Intelligent Solutions Q3 Revenue Rises 10% to $294.1 Million, October 30, 2026](https://www.securities.io/ccc-intelligent-solutions-q3-revenue-rises-10-to-294-1-million/) 3. [Morningstar / Business Wire, CCC Investors Have Opportunity to Join CCC Intelligent Solutions Holdings Inc. Fraud Investigation with SBS Law, October 24, 2026](https://www.morningstar.com/news/business-wire/20261024303997/ccc-investors-have-opportunity-to-join-ccc-intelligent-solutions-holdings-inc-fraud-investigation-with-sbs-law) 4. [StreetInsider / GlobeNewswire, Brodsky & Smith Shareholder Update: CCC Intelligent Solutions Holdings Inc. investigation, October 28, 2026](https://www.streetinsider.com/Globe+Newswire/BRODSKY+%26+SMITH+SHAREHOLDER+UPDATE%3A+Notifying+Investors+of+the+Following+Investigations%3A+Ultralife+Corporation+%28Nasdaq+%E2%80%93+ULBI%29%2C+QIAGEN+N.V.+%28NYSE+%E2%80%93+QGEN%29%2C+CCC+Intelligent+Solutions+Holdings+Inc.+%28/27246347.html) --- CCC Intelligent Solutions' last public quarter shows AI accelerating before GTCR and Elliott buy it at $7.75 — The Inference. Canonical: https://theinference.org/article/ccc-intelligent-solutions-last-public-quarter-shows-ai-accelerating-before-gtcr-and-elliott-buy-it-at-7-75