JP Morgan and Goldman Sachs provided debt financing for the deal, with the latter also providing mezzanine funding.
Financial terms of the deal were not disclosed.
“CCC has built a fantastic business by relentlessly focusing on value added solutions for their customers,” said Leonard Green managing partner John Danhakl.“They have a compelling view of the future, and we look forward to working with the team to help grow and expand in innovative ways.”
Leonard Green is currently investing through a $6bn fund that closed on its hard cap this summer.
Last month the LA-based firm partnered with Ares Management to buy US healthcare staffing business CHG Healthcare Services from JW Childs Associates.
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