CCCCCC Intelligent Solutions Holdings Inc.
Services-Prepackaged Software · $4.5B market cap · 2,185 employees
4.5×
More likely than average to be taken private
Top 1% of the Russell 3000 for a buyout by a private-equity firm, holdco or insiders. How it works
Takeover signals
What an activist or buyer would see: cheap, overpaid, diluted or under pressure.
8of 15 firedHow well they predict deals →
- TSR below peersYes5 of 5 years3+ of last 5 years
- Dilutive SBCYes17% of revenueOver 10% of revenue
- Payouts exceed cash flowYes190% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyYes54% of assetsOver 40% of assets
- Shareholder dissentYes68% lowest supportAny vote under 80% support
- Buyout-sizedYes$4.5B market capMarket cap $500M–$5B
- Recurring revenueYes9 of 1010-K business scored 7+ of 10 for recurring revenue
- Net insider sellingYes−$869M netNet sales over $10M in 12 months
7 other checks
- High CEO pay despite TSRNo$988K medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo187× net incomeCash flow under 80% of net income
- Low revenue per employeeNo$484K · 55th pctBottom quartile of its SIC industry
- Quiet on AINo12.0 per 10K words · 94th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo7.1× EBITDA net debtMore cash than debt, positive EBITDA
- AI-rollup shapedNo1 of 1010-K business scored 5+ of 10 as an AI-rollup target
- Active 13DNo0 filingsActive-intent 13D in 18 months
Deal filings
| Filed | Form | Acquirer | Price | Premium |
|---|---|---|---|---|
| Oct 15, 2026 | 8-K | Mozart Parent, LLC | — | — |
Key numbers
- Revenue
- $1.1B
- 12% YoY
- Operating margin
- 8.9%
- 4.7% YoY
- EBITDA
- $153M
- 24% YoY
- Net debt / EBITDA
- 7.1×
- $1.1B net debt
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $688M | $782M | $866M | $945M | $1.1B | 12% |
| Operating income | −$145M | $52M | −$24M | $80M | $94M | 17% |
| Net income | −$249M | $38M | −$90M | $31M | $2M | 95% |
| Operating cash flow | $127M | $200M | $250M | $284M | $315M | 11% |
| Capex | $38M | $48M | $55M | $53M | $61M | 15% |
| Stock-based comp | $262M | $109M | $145M | $171M | $175M | 2.5% |
| Buybacks | $0 | $0 | $328M | $0 | $601M | |
| Dividends | $269M | $0 | $0 | — | — |
13D filers
| Filed | Filer | Form | Stake | Intent |
|---|---|---|---|---|
| Nov 12, 2025 | ADVENT INTERNATIONAL, L.P. | SCHEDULE 13D/A | 0.0% | Passive |
| Aug 8, 2025 | ADVENT INTERNATIONAL, L.P. | SCHEDULE 13D/A | 5.7% | Passive |
| May 22, 2025 | ADVENT INTERNATIONAL, L.P. | SCHEDULE 13D/A | 10.2% | Passive |
| Apr 2, 2025 | ADVENT INTERNATIONAL, L.P. | SCHEDULE 13D/A | 15.0% | Passive |
| Jul 1, 2024 | ADVENT INTERNATIONAL, L.P. | SC 13D/A | 22.4% | Passive |
| Jul 1, 2024 | OH Cypress Aggregator, L.P. | SC 13D/A | 4.5% | Passive |
| Jun 3, 2024 | ADVENT INTERNATIONAL, L.P. | SC 13D/A | 26.4% | Passive |
| May 30, 2024 | OH Cypress Aggregator, L.P. | SC 13D/A | 5.3% | Passive |
| Apr 11, 2024 | ADVENT INTERNATIONAL, L.P. | SC 13D/A | 33.5% | Passive |
| Apr 11, 2024 | OH Cypress Aggregator, L.P. | SC 13D/A | 6.7% | Passive |
Insider trading
−$869Mnet selling by insiders, open market, last 12 months
Bought $1000K · 1 tradeSold $870M · 12 trades
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $988K | −$6M | 60 | 88 |
| FY2024 | $946K | $4M | 88 | 147 |
| FY2023 | $55M | $71M | 86 | 102 |
| FY2022 | $849K | −$49M | 65 | 76 |
| FY2021 | $137M | $192M | 86 | 98 |