Mitchell International, Inc. is an American company based in San Diego, CA, which develops software used by the automotive industry to manage collision and medical claims, parts and labor estimates, and glass replacement quotes.[2] Mitchell operates throughout the United States and Canada,[3] 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.[3]
Mitchell's business units include Auto Physical Damage Division, Auto Casualty Solutions Division, Workers' Compensation Division, and NHQ Negotiation Services Division.[3]
Company historyedit
Mitchell was founded in 1946 by Glenn Mitchell[4] when he created a parts catalog for collision repair estimating.[3] The company was once part of Thomson Corporation (now Thomson Reuters).[3]
In 2000, Mitchell was acquired by private equity firm Hellman & Friedman, and then in 2007 was sold to Aurora Capital Group for approximately $500 million.[3] The company is also former subsidiary of MIH Parent Inc.[5]
In 2013, the private equity firm Kohlberg Kravis Roberts bought Mitchell from Aurora Capital for $1.1 billion.[3] Stone Point Capital acquired Mitchell in 2018.[6]
Acquisitionsedit
In February 2014, Mitchell announced plans to acquire FAIRPAY Solutions, a provider of workers' compensation, liability and billing review services.[7] 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.[8]
In March 2012, Mitchell announced its acquisition of National Health Quest, a provider of out-of-network medical payment negotiations and services.[9]
Referencesedit
^Mitchell International's CFO eases into chief executive's chair: Alex Sun takes the helm after two-year transition
^"Mitchell International | Company Profile from Hoover's". Mitchell International, Inc. Company Information. Hoover's. Retrieved 2016-07-16.
^"Mitchell International, Inc.: Private Company Information - Businessweek". www.bloomberg.com. Retrieved 2016-07-16.
^Huetter, John (2018-04-26). "Stone Point Capital buys Mitchell from KKR, Elliott Management". Repairer Driven News. Retrieved 2021-03-02.
^"Mitchell to Acquire Fairpay Solutions". Retrieved 2016-07-17.
^"Mitchell to Acquire Cogent Works". 2 December 2014. Retrieved 2016-07-17.
^"Mitchell Announces Acquisition of National Health Quest, Inc". MarketWired. March 14, 2012. Retrieved July 16, 2016.
April 15, 2024
mitchell, international, confused, with, airport, american, company, based, diego, which, develops, software, used, automotive, industry, manage, collision, medical, claims, parts, labor, estimates, glass, replacement, quotes, mitchell, operates, throughout, u. Not to be confused with Mitchell International Airport Mitchell International Inc is an American company based in San Diego CA which develops software used by the automotive industry to manage collision and medical claims parts and labor estimates and glass replacement quotes 2 Mitchell operates throughout the United States and Canada 3 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 3 Mitchell International Inc Company typePrivateIndustrySoftwareFounded1946FounderGlenn MitchellHeadquartersSan Diego CaliforniaKey peopleLarry BossidyChairman of the Board citation needed Alex SunPresident and CEO 1 Revenue 300 Million USD 2010 OwnerStone Point CapitalNumber of employees1 700Websitewww mitchell com Contents 1 Business Units 2 Company history 3 Acquisitions 4 ReferencesBusiness Units editMitchell s business units include Auto Physical Damage Division Auto Casualty Solutions Division Workers Compensation Division and NHQ Negotiation Services Division 3 Company history editMitchell was founded in 1946 by Glenn Mitchell 4 when he created a parts catalog for collision repair estimating 3 The company was once part of Thomson Corporation now Thomson Reuters 3 In 2000 Mitchell was acquired by private equity firm Hellman amp Friedman and then in 2007 was sold to Aurora Capital Group for approximately 500 million 3 The company is also former subsidiary of MIH Parent Inc 5 In 2013 the private equity firm Kohlberg Kravis Roberts bought Mitchell from Aurora Capital for 1 1 billion 3 Stone Point Capital acquired Mitchell in 2018 6 Acquisitions editIn February 2014 Mitchell announced plans to acquire FAIRPAY Solutions a provider of workers compensation liability and billing review services 7 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 8 In March 2012 Mitchell announced its acquisition of National Health Quest a provider of out of network medical payment negotiations and services 9 References edit Mitchell International s CFO eases into chief executive s chair Alex Sun takes the helm after two year transition Mitchell International Company Profile from Hoover s Mitchell International Inc Company Information Hoover s Retrieved 2016 07 16 a b c d e f g Mitchell International Inc Company Profile Vault com Retrieved 2016 07 17 Our History www mitchell com Retrieved 2016 07 16 Mitchell International Inc Private Company Information Businessweek www bloomberg com Retrieved 2016 07 16 Huetter John 2018 04 26 Stone Point Capital buys Mitchell from KKR Elliott Management Repairer Driven News Retrieved 2021 03 02 Mitchell to Acquire Fairpay Solutions Retrieved 2016 07 17 Mitchell to Acquire Cogent Works 2 December 2014 Retrieved 2016 07 17 Mitchell Announces Acquisition of National Health Quest Inc MarketWired March 14 2012 Retrieved July 16 2016 Retrieved from https en wikipedia org w index php title Mitchell International amp oldid 1184720868, wikipedia, wiki, book, books, library,
