Press Release

Kirkland Represents CCC Information Services Inc. on Business Combination with Dragoneer Growth Opportunities Corp.

Kirkland & Ellis advised CCC Information Services Inc. (“CCC”), a leading SaaS platform for the property and casualty (“P&C”) insurance economy, on its business combination with Dragoneer Growth Opportunities Corp. (NYSE: DGNR), a special purpose acquisition company (“SPAC”) formed by an affiliate of Dragoneer Investment Group. CCC is a portfolio company of Advent International, one of the largest and most experienced global private equity investors. Upon closing of the transaction, the combined company is expected to be renamed CCC Intelligent Solutions Holdings Inc. and is expected to be listed on the New York Stock Exchange. The transaction includes a $150 million of fully committed common stock private investment in public equity (“PIPE”) led by Fidelity Investments, funds and accounts advised by T. Rowe Price Associates, Inc. and other investors, in addition to a $175 million forward purchase agreement from Dragoneer funds and Michael Bloomberg’s family office, Willett Advisors.  

Read CCC’s press release  

The Kirkland team was led by transactional partner Will Boothby and associates Kristin Rulison and Michael Chung, and included transactional partner Douglas Ryder and capital markets partners Christian Nagler, Ross Leff and Marsha Mogilevich.