Deals

TPG-Backed CCC Information Services Said to Mull Sale

TPG, Leonard Green said working with adviser to find a buyer
Chicago-based CCC provides software for auto-insurance claims

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By Kiel Porter

February 1, 2017 at 3:49 PM UTC

Corrected

February 13, 2017 at 3:38 PM UTC

This article is for subscribers only.

CCC Information Services Inc., a provider of software for auto-insurance claims, is exploring a sale that may value the company at $3 billion, people with knowledge of the matter said.

Backers TPG and Leonard Green & Partners are working with an adviser to find a buyer for the Chicago-based company, said the people, who asked not to be identified because the information is private.