M&A Deal Summary |
|
|---|---|
| Date | 2022-02-09 |
| Target | Safekeep |
| Sector | Internet Software and Services |
| Buyer(s) | CCC Intelligent Solutions |
| Sellers(s) | Root |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1980 |
| Sector | Software |
| Employees | 2,310 |
| Revenue | 945M USD (2024) |
CCC Intelligent Solutions is a Software as a Service provider to the automotive, insurance, and collision repair industries. CCC brings together what matters most connections into the industry’s leading automotive claims network, superior productivity through the innovative cloud, mobile, hyper-scale technologies, and apps, and insights to make the best decisions. CCC Intelligent Solutions was founded in 1980 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector: Internet Software and Services M&A | 1 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 2 |
| Country: United States M&A | 4 of 5 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-14 |
Injury Sciences
San Antonio, Texas, United States Injury Sciences LLC is a software and services which provide claims professionals with objective, scientific information for use in the evaluation of an auto claim. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-12-20 |
EvolutionIQ
New York, New York, United States EvolutionIQ is a platform for AI-powered guidance for disability and injury claims management. EvolutionIQ serves the group disability, individual disability, and workers' compensation markets. EvolutionIQ was founded in 2019 and is based in New York, New York. |
Buy | $730M |
Root is a licensed insurance carrier founded on the belief that the services need for everyday life should serve better. The company drives the FinTech revolution by creating powerful insurance products and technology platforms that rewrite the rules for promoting fairness, simplicity, and personalization. Root was formed in 2015 and is based in Columbus, Ohio.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Internet Software and Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: New York M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-05-21 |
Safekeep
New York, New York, United States Safekeep is an AI provider in subrogation claims management technology. Safekeep is an enterprise platform that leverages AI to speed and improve subrogation management across auto, property, workers' comp, and other insurance lines of business. Safekeep is based in New York City. |
Buy | - |
