Running a Shop Technology

Mitchell Secures $50 Million Loan

Order Reprints

Oct. 28, 2016—Mitchell International has announced the closing of a $50 million senior secured first lien term loan, which is an add-on under Mitchell’s existing credit agreement. Funds from this term loan will be used primarily for technology investment, the company said.

Mitchell is specifically looking to simplify the claim handling process.

“We are thrilled that investors continue to show confidence in Mitchell,” said Alex Sun, CEO of Mitchell.

Recommended Products

2014 FenderBender KPI Survey: Complete Report

Related Articles

Snapsheet Secures $10 Million in Funding, Hires Executive

SmartDrive Systems Raises $50 Million, Closes Out Record Year

Axalta to Invest $50 Million in China Facility

You must login or register in order to post a comment.