Mitchell International, Inc. is an American company based in

San Diego, CA San Diego ( , ) is a city on the Pacific coast of Southern California, adjacent to the Mexico–United States border. With a population of over 1.4 million, it is the List of United States cities by population, eighth-most populous city in t ...

, which develops software used by the

automotive industry The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor ve ...

to manage collision and medical claims, parts and labor estimates, and glass replacement quotes. Mitchell operates throughout the United States and Canada, and processes more than 50 million transactions a year for more than 300 insurance companies, more than 30,000 collision repair facilities, independent adjusters, and other vehicle repair participants.

Business Units

Mitchell's business units include Auto Physical Damage Division, Auto Casualty Solutions Division, Workers' Compensation Division, and NHQ Negotiation Services Division.

Company history

Mitchell was founded in 1946 by Glenn Mitchell when he created a parts catalog for collision repair estimating. The company was once part of

Thomson Corporation Thomson Corporation was one of the world's largest information companies. It was established in 1989 following a merger between International Thomson Organization and Thomson Newspapers. In 2008, it purchased Reuters Group to form Thomson Reut ...

(now

Thomson Reuters Thomson Reuters Corporation ( ) is a Canadian multinational corporation, multinational content-driven technology Conglomerate (company), conglomerate. The company was founded in Toronto, Ontario, Canada, and maintains its headquarters at 1 ...

). In 2000, Mitchell was acquired by private equity firm

Hellman & Friedman Hellman & Friedman LLC (H&F) is an American private equity firm, founded in 1984 by Warren Hellman and Tully Friedman, that makes investments primarily through leveraged buyouts as well as growth capital investments. H&F has focused its efforts ...

, and then in 2007 was sold to Aurora Capital Group for approximately $500 million. The company is also former subsidiary of MIH Parent Inc. In 2013, the private equity firm

Kohlberg Kravis Roberts KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global private-equity and investment company. , the firm had completed private-equity investments in portfolio companies with approximately $710 billion of total ...

bought Mitchell from Aurora Capital for $1.1 billion. Stone Point Capital acquired Mitchell in 2018.

Acquisitions

In February 2014, Mitchell announced plans to acquire FAIRPAY Solutions, a provider of workers' compensation, liability and billing review services. In December 2014, Mitchell announced that it had signed an agreement to acquire Cogent Works, a provider of pharmacy network management services to the automobile casualty and workers' compensation markets. In March 2012, Mitchell announced its acquisition of National Health Quest, a provider of out-of-network medical payment negotiations and services.

References

{{Authority control Business services companies established in 1946 Technology companies based in San Diego Privately held companies based in California 1946 establishments in California Publishing companies established in 1946 Software companies based in California Defunct software companies of the United States American companies established in 1946 Computer companies established in 1946