KKR Buys Mitchell
Sept. 9, 2013—KKR has announced the purchase of Mitchell International, a provider of technology, connectivity and information solutions to the collision repair industries.
The deal is expected to close in the fourth quarter and will cause no disruption of service or support from Mitchell, the company said in a statement.
"We have built Mitchell into a great company by investing in our products, people and infrastructure. KKR shares our vision of being a growth-oriented, customer-driven company built on strong values," said Alex Sun, president and CEO of Mitchell.
Mitchell, employing approximately 2,000 associates, also recently expanded internationally through and investment in GT Motive, a claims management company focused on the automotive sector in Spain and throughout Europe.