buyout News

Advent Explores Sale of Car Insurance Software Vendor CCC, Sources Say

Private equity firm Advent International is exploring a sale of CCC Intelligent Solutions Holdings Inc., a provider of software to the car insurance industry that has a market value of $7.1 billion, people familiar with the matter said on Friday. …

J&J Sued for Misleading Auris Investors Over 2019 Buyout

Johnson & Johnson was accused in a lawsuit of falsely promising billions of dollars in future payments to Auris Health Inc. investors last year when J&J agreed to spend as much as $5.7 billion to acquire the company. Fortis Advisors …

Tyco to Buy Chemguard Inc., Maker of Firefighting Foam

Tyco International Ltd said Tuesday it will buy privately held Chemguard Inc, a maker of specialty foam and equipment used by firefighters, to expand its fire protection products segment. Terms were not disclosed and Tyco declined to provide Chemguard sales …