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CCC Information Services And Mitchell International Announce Merger

CCC Information Services and Mitchell International will combine in a $1.4 billion merger-of-equals transaction.

CCC Information Services (Chicago) and Mitchell International (San Diego) have signed a definitive agreement to merge. The combined organization will be known as CCC-Mitchell, Inc. and will provide information, workflow management systems and integrated software to insurance companies and collision repair facilities.

According to CCC-Mitchell, benefits of the merger will include an expanded communication network, expanded research and development resources, a larger and more comprehensive data warehouse and a wider portfolio of claims and collision repair solutions.

Githesh Ramamurthy, currently chairman and CEO of CCC, will become CEO of the combined company. Mitchell's current president and CEO, Alex Sun, will serve as president of CCC-Mitchell.

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