Oak Hill Capital Amends CCC Intelligent Solutions Holdings Stake

TL;DR

**Oak Hill Capital just updated its stake in CCC Intelligent Solutions, watch for potential stock movement.**

AI Summary

Oak Hill Capital Partners, a major investment group, filed an amendment to their Schedule 13D on January 18, 2024, indicating a change in their beneficial ownership of CCC Intelligent Solutions Holdings Inc. This amendment, dated January 16, 2024, updates their previous filing regarding their stake in the company's Common Stock. This matters to investors because it signals that a significant institutional holder is adjusting its position, which could reflect their updated outlook on the company's future performance or strategic direction.

Why It Matters

This filing indicates a change in a major institutional investor's position, which can influence market perception and potentially the stock price of CCC Intelligent Solutions Holdings Inc.

Risk Assessment

Risk Level: medium — Changes in significant institutional holdings can introduce volatility and uncertainty for existing and potential investors.

Analyst Insight

Investors should monitor subsequent filings or news from Oak Hill Capital Partners for further details on their intentions, as this amendment signals a change in their significant stake in CCC Intelligent Solutions Holdings Inc.

Key Numbers

• 0001818201 — Central Index Key (CIK) (unique identifier for CCC Intelligent Solutions Holdings Inc.)
• 12510Q100 — CUSIP Number (identifies the Common Stock of CCC Intelligent Solutions Holdings Inc.)
• 20240118 — Filing Date (the date the SC 13D/A was filed with the SEC)
• 20240116 — Date of Event (the date that triggered the requirement for this amendment)

Key Players & Entities

• Oak Hill Capital Partners IV (Management), L.P. (company) — group member filing the SC 13D/A
• CCC Intelligent Solutions Holdings Inc. (company) — the subject company whose shares are being reported
• OH Cypress Aggregator, L.P. (company) — the primary filing entity for the SC 13D/A
• Allan Kahn (person) — contact person for Oak Hill Capital Management, LLC
• Brian Lavin, Esq. (person) — legal counsel from Paul, Weiss, Rifkind, Wharton & Garrison

Forward-Looking Statements

• The market may react to this filing, potentially causing short-term price fluctuations for CCC Intelligent Solutions Holdings Inc. stock. (CCC Intelligent Solutions Holdings Inc.) — medium confidence, target: within 1 week

FAQ

Key Financial Figures

• $0.0001 — me of Issuer) Common Stock, par value $0.0001 per share (Title of Class of Securiti

Filing Documents

• eh240439330_13da1-ccc.htm (SC 13D/A) — 138KB
• 0000950142-24-000179.txt ( ) — 140KB

Identity and Background

Item 2. Identity and Background.

is hereby restated as follows

Item 2 is hereby restated as follows: (a) – (c) This statement is being filed jointly by the Reporting Persons. The shares of Common Stock reported in this Schedule 13D are beneficially owned by OH Cypress Aggregator, L.P (“ OH Cypress ”). OH Cypress is beneficially owned by Oak Hill Capital Partners IV (Onshore), L.P., Oak Hill Capital Partners IV (Onshore Tax Exempt), L.P., Oak Hill Capital Partners IV (Offshore), L.P., Oak Hill Capital Partners IV (Offshore 892), L.P., Oak Hill Capital Partners IV (Management), L.P. (together, including OH Cypress, the “ Oak Hill Fund IV Entities ”) and certain of their co-investors. The general partner of each of the Oak Hill Fund IV Entities is OHCP GenPar IV, L.P. (“ Oak Hill GP ”). The general partner of Oak Hill GP is OHCP MGP IV, Ltd. (“ Oak Hill UGP ”). Tyler Wolfram, Brian Cherry, and Steven Puccinelli serve as the directors of Oak Hill UGP and can be deemed to exercise voting and investment control over the shares held by the Oak Hill Fund IV Entities. Each of these directors is a citizen of the United States. Tyler Wolfram, Brian Cherry, Steven Puccinelli, John Monsky, Allan Kahn and Christopher Taylor officers of Oak Hill UGP. Each of these directors and officers is a citizen of the United States. Tyler Wolfram, Brian Cherry, Steven Puccinelli, John Monsky, Allan Kahn and Christopher Taylor are referred to as the “ Related Persons .” Each of the Related Persons expressly disclaims beneficial ownership of the shares of Common Stock referred to herein. The Reporting Persons are principally engaged in the business of investments in securities and the Related Persons are partners or employees of Oak Hill Capital Management, LLC or an affiliate. The business address of each of the Reporting Persons and the Related Persons is c/o Oak Hill Capital Management, LLC, 65 East 55th Street, 32nd Floor, New York, New York 10022. CUSIP No. 12510Q100 SCHEDULE 13

Purpose of Transaction

Item 4. Purpose of Transaction. Item 4 is hereby amended and supplemented by adding the following: On January 16, 2024, Steven Puccinelli resigned from the Issuer’s board of directors and OH Cyprus waived its right to nominate a director previously provided in the Shareholder Rights Agreement.

Interest in Securities of the Issuer

Item 5. Interest in Securities of the Issuer.

is hereby restated as follows

Item 5 is hereby restated as follows: The information contained in rows 7, 8, 9, 10, 11 and 13 on the cover pages of this Schedule 13D are incorporated by reference in their entirety into this Item 5. (a) – (b) Each of the Reporting Persons may be deemed to beneficially own 53,082,833 shares of the Issuer’s Common Stock held by OH Cypress, which represents 8.8% of the Common Stock outstanding. The calculations of beneficial ownership and voting power described herein are based on 602,568,628 shares of Common Stock of the Issuer on November 30, 2023, as reported in the Issuer’s prospectus supplement filed on January 5, 2024. CUSIP No. 12510Q100 SCHEDULE 13D Page 12 of 14 (c) The Reporting Persons have not effected any transaction with respect to the Common Stock during the past 60 days. (d) Other than the Reporting Persons, no other person has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities of the Issuer referred to in this Item 5. (e) Not applicable. CUSIP No. 12510Q100 SCHEDULE 13D Page 13 of 14 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: January 18, 2024 OH CYPRESS AGGREGATOR, L.P. By: OHCP GENPAR IV, L.P., its general partner By: OHCP MGP IV, LTD., its general partner By: /s/ Allan Kahn Name: Allan Kahn Title: Assistant Secretary OAK HILL CAPITAL PARTNERS IV (Onshore), L.P. By: OHCP GENPAR IV, L.P., its general partner By: OHCP MGP IV, LTD., its general partner By: /s/ Allan Kahn Name: Allan Kahn Title: Assistant Secretary OAK HILL CAPITAL PARTNERS IV (Onshore Tax Exempt), L.P. By: OHCP GENPAR IV, L.P., its general partner By: OHCP MGP IV, LTD., its general partner By: /s/ Allan Kahn Name: Allan Kahn Title: Assistant Secretary OAK HILL CAPITAL PARTNERS IV (Offshore), L.P.

View Full Filing

View this SC 13D/A filing on SEC EDGAR