Advent and Affiliates Report 37.3M Shares in CCC Intelligent Solutions

Rhea-AI Filing Summary

Advent International and affiliated entities report holding 37,342,526 shares of CCC Intelligent Solutions (CCCS), representing approximately 5.7% of the outstanding common stock. The position reflects shared voting and dispositive power over these shares and is composed principally of 27,391,934 shares held by Cypress Investor, 9,084,247 held by GPE VIII CCC Co-Investment, and 866,345 held by Advent International VIII-C. The reporting persons state they engaged in transactions on August 7, 2025, and exclude a contingent right to receive up to 9,919,012 additional Earnout Shares. The filing notes that, due to related Transaction Agreements, the reporting persons may be considered a "group" while reserving that this Schedule 13D is not an admission of beneficial ownership for Section 13(d) purposes.

Insights

Financial Analyst

TL;DR: Advent and affiliates own a 5.7% coordinated stake in CCCS, largely via Cypress Investor and co-investment vehicles.

This Schedule 13D/A discloses a non-controlling but material passive position totaling 37,342,526 shares (approximately 5.7% of 649,943,555 shares reported outstanding). The ownership is allocated across multiple affiliated entities, with shared voting and dispositive power reported rather than sole control. The disclosure also highlights a contingent right to up to 9,919,012 Earnout Shares that is excluded from the reported total. For investors, the filing signals increased private-equity ownership and potential coordinated influence without asserting affirmative control.

Corporate Governance Expert

TL;DR: The filing shows coordinated ownership among Advent-related entities that may constitute a "group" under Section 13(d).

The reporting persons describe shared voting and dispositive power across Advent-managed vehicles and note that Transaction Agreements could cause them to be deemed a "group." This is a governance-relevant disclosure because group status can trigger additional reporting obligations and reflect potential collective action rights. The Schedule explicitly disclaims that it should not be construed as an admission of beneficial ownership for Section 13(d) purposes, preserving legal position while satisfying disclosure requirements.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 10)

CCC INTELLIGENT SOLUTIONS HOLDINGS INC.

(Name of Issuer)

Common Stock, par value $0.0001 per share

(Title of Class of Securities)

12510Q100

(CUSIP Number)

Amanda McGrady Morrison
Advent International, Prudential Tower, 800 Boylston Street
Boston, MA, 02199-8069
617-951-0555

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

08/07/2025

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

ADVENT INTERNATIONAL, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 37,342,526.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 37,342,526.00

11

Aggregate amount beneficially owned by each reporting person

37,342,526.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.7 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of common stock ("Common Stock") outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the Securities and Exchange Commission ("SEC") on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

ADVENT INTERNATIONAL GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 37,342,526.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 37,342,526.00

11

Aggregate amount beneficially owned by each reporting person

37,342,526.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

5.7 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

ADVENT INTERNATIONAL GPE VIII, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,950,592.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,950,592.00

11

Aggregate amount beneficially owned by each reporting person

9,950,592.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.5 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

CYPRESS INVESTOR HOLDINGS, L.P.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 27,391,934.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 27,391,934.00

11

Aggregate amount beneficially owned by each reporting person

27,391,934.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.2 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

ADVENT INTERNATIONAL GPE VIII-C LIMITED PARTNERSHIP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 866,345.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 866,345.00

11

Aggregate amount beneficially owned by each reporting person

866,345.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

GPE VIII CCC CO-INVESTMENT (DELAWARE) LIMITED PARTNERSHIP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,084,247.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,084,247.00

11

Aggregate amount beneficially owned by each reporting person

9,084,247.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.4 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

CYPRESS INVESTMENT GP, LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 27,391,934.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 27,391,934.00

11

Aggregate amount beneficially owned by each reporting person

27,391,934.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

4.2 %

14

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

GPE VIII GP S.A.R.L

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

LUXEMBOURG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 866,345.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 866,345.00

11

Aggregate amount beneficially owned by each reporting person

866,345.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

0.1 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

CUSIP No. 12510Q100

1

Name of reporting person

GPE VIII GP LIMITED PARTNERSHIP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

OO

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,084,247.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,084,247.00

11

Aggregate amount beneficially owned by each reporting person

9,084,247.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

1.4 %

14

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person:

The percent of class is calculated based upon 649,943,555 shares of Common Stock outstanding as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025.

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.0001 per share
(b)	Name of Issuer: CCC INTELLIGENT SOLUTIONS HOLDINGS INC.
(c)	Address of Issuer's Principal Executive Offices: 167 N. GREEN STREET, 9TH FLOOR, CHICAGO, ILLINOIS , 60607.
Item 1 Comment: This Amendment No. 10 (this "Amendment") amends the statement on Schedule 13D originally filed by the Reporting Persons on August 9, 2021, as amended from time to time (the "Schedule 13D"). Capitalized terms used but not defined herein shall have the meanings set forth in prior Schedule 13D filings.
Item 5.	Interest in Securities of the Issuer
(a)	The information set forth in rows (11) and (13) of the cover pages of this Amendment is incorporated by reference into this Item 5(a). Following transactions effected on August 7, 2025, the Reporting Perssons beneficially own in the aggregate 37,342,526 shares of Common Stock, which represents approximately 5.7% of the outstanding shares (based on the outstanding shares as of July 24, 2025, as reported on the Form 10-Q filed by the Issuer with the SEC on July 31, 2025). The Reporting Persons directly hold or are attributed beneficial ownership of the reported securities as follows: * 27,391,934 shares are held directly by Cypress Investor; * 866,345 shares are directly held by Advent International VIII-C; * 9,084,247 shares are directly held by GPE VIII CCC Co-Investment; * Cypress Investment GP, LLC ("Cypress GP"), as general partner of Cypress Investor, may be deemed to beneficially own the 27,391,934 shares held directly by Cypress Investor; * GPE VIII GP S.a.r.l ("Advent GP Luxembourg"), as general partner of Advent International VIII-C, may be deemed to beneficially own the 866,345 shares held directly by Advent International VIII-C; * GPE VIII GP Limited Partnership ("Advent GP Cayman"), as general partner of GPE VIII CCC Co-Investment, may be deemed to beneficially own the 9,084,247 shares held directly by GPE VIII CCC Co-Investment; * Advent International GPE VIII, LLC ("Advent VIII GP"), as manager of Advent GP Luxembourg and general partner of Advent GP Cayman, may be deemed to beneficially own the 9,950,592 shares held directly by Advent International VIII-C and GPE VIII CCC Co-Investment; and * Advent International GP, LLC, as general partner of Advent International, L.P. ("Advent"), and Advent, as manager of Advent VIII GP and managing member of Cypress GP, may each be deemed to beneficially own the 37,342,526 shares held directly by Cypress Investor, Advent International VIII-C and GPE VIII CCC Co-Investment. The foregoing excludes the contingent right of Cypress Investor, Advent International VIII-C and GPE VIII CCC Co-Investment to receive an aggregate of up to 9,919,012 Earnout Shares (as previously defined and described in Item 6 of this Statement). As a result of the Transaction Agreements (as previously defined and described in Item 6 of this Statement), the Reporting Persons may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of Exchange Act. This Schedule 13D shall not be construed as an admission by the Reporting Persons that the Reporting Persons are, for the purposes of Section 13(d) of the Exchange Act, the beneficial owners of any shares of Common Stock covered by the Transaction Agreements.
(b)	The information set forth in row (7) through (10) of the cover pages of this Amendedment is incorporated by reference into this Item 5.
(c)	The Reporting Persons engaged in transactions with respect to the Issuer's Common Stock on August 7, 2025 and since the most recent filing of Schedule 13D.
(d)	Not Applicable.
(e)	Not Applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

ADVENT INTERNATIONAL, L.P.

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

ADVENT INTERNATIONAL GP, LLC

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

ADVENT INTERNATIONAL GPE VIII, LLC

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

CYPRESS INVESTOR HOLDINGS, L.P.

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

ADVENT INTERNATIONAL GPE VIII-C LIMITED PARTNERSHIP

Signature:	/s/ Justin Nuccio - /s/ Neil Crawford
Name/Title:	Justin Nucci / Manager - Neil Crawford / Vice President of Finance
Date:	08/08/2025

GPE VIII CCC CO-INVESTMENT (DELAWARE) LIMITED PARTNERSHIP

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

CYPRESS INVESTMENT GP, LLC

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025

GPE VIII GP S.A.R.L

Signature:	/s/ Justin Nuccio - /s/ Neil Crawford
Name/Title:	Justin Nucci / Manager - Neil Crawford / Vice President of Finance
Date:	08/08/2025

GPE VIII GP LIMITED PARTNERSHIP

Signature:	/s/ Neil Crawford
Name/Title:	Neil Crawford / Vice President of Finance
Date:	08/08/2025