CCC Information Services went public via SPAC merger with Dragoneer Growth Opportunities in a $7bn deal.

CCC Information Services, an insurance IT firm, went public via SPAC merger with Dragoneer Growth Opportunities, a San Francisco-based, growth-oriented investment firm, in a $7bn deal. “The closing of our Business Combination and our return to the public markets is an exciting day for CCC and our over 2,000 employees. The team is energized about our next phase of growth and focused on delivering game-changing innovations to our more than 30,000 customers across the P&C insurance economy. The proceeds from this transaction allow us to accelerate innovation that helps our customers increase revenue, improve efficiency and improve the lives of millions of drivers,” Githesh Ramamurthy, CCC Chairman and CEO.