CCC

CCC Intelligent Solutions announced Calibration Guidelines, a new feature integrated into its estimating workflows that provides ADAS calibration recommendations from leading providers including asTech, Azimuth, Opus, Kinetic, and REVV. The capability addresses industry concerns about proper vehicle repair guidance as advanced driver assistance systems become more complex, and is available at no additional cost to CCC ONE users.

Brodsky & Smith law firm announced investigations into four major merger transactions, examining whether the boards of Varonis Systems, CCC Intelligent Solutions, Bumble Inc., and Penske Automotive Group breached fiduciary duties by failing to conduct fair processes and potentially underpaying shareholders. The firm is seeking shareholders to discuss potential class action lawsuits.

CCC Intelligent Solutions shares surged 8% on Monday following reports that Elliott Investment Management and private equity firm GTCR are in advanced discussions to acquire the software company that serves the auto insurance industry. Bloomberg reported a deal could be announced this week, though no agreement has been finalized. Previously, Copart was also reported to be in acquisition talks with CCC.