Oak Hill Capital Partners IV Group Members Updated

Ticker: CCC · Form: SC 13D/A · Filed: May 30, 2024 · CIK: 1818201

Ccc Intelligent Solutions Holdings INC. SC 13D/A Filing Summary
FieldDetail
CompanyCcc Intelligent Solutions Holdings INC. (CCC)
Form TypeSC 13D/A
Filed DateMay 30, 2024
Risk Levelmedium
Pages9
Reading Time11 min
Key Dollar Amounts$0.0001, $11.426
Sentimentneutral

Sentiment: neutral

Topics: ownership-change, sec-filing, amendment

Related Tickers: CCC

TL;DR

Oak Hill Capital Partners IV updated its group members on CCC Intelligent Solutions Holdings Inc. filing. No new $$$.

AI Summary

OH Cypress Aggregator, L.P. filed an amendment (Amendment No. 4) to its Schedule 13D on May 30, 2024, regarding its beneficial ownership of CCC Intelligent Solutions Holdings Inc. The filing indicates a change in the group members associated with Oak Hill Capital Partners IV. No specific dollar amounts or new shareholdings were detailed in this amendment.

Why It Matters

This amendment signals a potential shift in the control or influence structure of CCC Intelligent Solutions Holdings Inc. by updating the entities associated with a significant shareholder.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings can indicate changes in a significant shareholder's strategy or stake, potentially impacting the company's stock price.

Key Players & Entities

FAQ

What is the purpose of this SC 13D/A filing?

This filing is an amendment to a Schedule 13D, indicating changes in the beneficial ownership of CCC Intelligent Solutions Holdings Inc. by OH Cypress Aggregator, L.P. and its associated group members.

Who is the primary filer for this amendment?

The primary filer is OH Cypress Aggregator, L.P.

What is the subject company of this filing?

The subject company is CCC Intelligent Solutions Holdings Inc.

When was this amendment filed?

This amendment was filed on May 30, 2024.

What specific changes are detailed in this amendment?

The amendment details changes in the group members associated with Oak Hill Capital Partners IV, but does not specify new shareholdings or dollar amounts in this particular amendment.

Filing Stats: 2,784 words · 11 min read · ~9 pages · Grade level 9.8 · Accepted 2024-05-30 17:11:45

Key Financial Figures

Filing Documents

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 are 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 SCHEDUL

Purpose of Transaction

Item 4. Purpose of Transaction.

is hereby amended and supplemented

Item 4 is hereby amended and supplemented by adding the following: On May 30, 2024, OH Cypress sold 8,377,008 shares, of Common Stock for $11.426 per share (the “Offering”), pursuant to that certain Underwriting Agreement by and among OH Cypress, certain other selling stockholders party thereto, the Issuer and the underwriters (the “ Underwriting Agreement ”). In connection with the Offering, OH Cypress entered into a customary “lock-up” agreement with the underwriters, dated May 28, 2024 (the “ Lock-up Agreement ”), pursuant to which OH Cypress generally agreed, subject to certain exceptions, not to sell, transfer, or otherwise dispose of any shares of Common Stock or securities convertible into, or exchangeable or exercisable for, shares of Common Stock, for 30 days after the date of the final prospectus relating to the Offering, without prior written consent from the underwriters. The foregoing descriptions of the Underwriting Agreement and the Lock-up Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the Underwriting Agreement, a copy of which is attached as Exhibit 99.1, and a form of the Lock-up Agreement attached as Exhibit A to the Underwriting Agreement, both of which are incorporated by reference herein.

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 33,070,161 shares of the Issuer’s Common Stock held by OH Cypress, which represents 5.3% of the Common Stock outstanding. The calculations of beneficial ownership and voting power described herein are based on 621,529,879 shares of Common Stock of the Issuer on May 28, 2024, as reported in the Issuer’s prospectus supplement filed on May 29, 2024. CUSIP No. 12510Q100 SCHEDULE 13D Page 12 of 14 (c) Except pursuant to the Offering, the Reporting Persons have not effected any transaction with respect to the Common Stock since the filing of Amendment No. 3 to this Schedule 13/D on April 11, 2024. (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.

Material to Be Filed as Exhibits

Item 7. Material to Be Filed as Exhibits. 99.1 Underwriting Agreement, dated as of May 28, 2024, by and among OH Cypress, certain other selling stockholders party thereto, the Issuer and the Underwriters (filed as Exhibit 1.1 to the Issuer’s Current Report on Form 8-K on May 30, 2024 and incorporated herein by reference). 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: May 30, 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. 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 892), 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 CUSIP No. 12510Q100 SCHEDULE 13D Page 14 of 14 OAK HILL CAPITAL PARTNERS IV (Management), 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 OHCP GENPAR IV, L.P. By: OHCP MGP IV, LTD., its general partner By: /s/ Allan

View Full Filing

View this SC 13D/A filing on SEC EDGAR

View on Read The Filing