Mitchell International acquired by private equity firm

Supplier of information products and software for the insurance, glass replacement and collision repair industries Mitchell International has announced it is being acquired by San Francisco-based equity firm Hellman & Friedman.

The company was sold by previous owner The Thomson Corporation, which owned Mitchell since 1986. Terms of the deal have not been announced.

“Mitchell International has enjoyed a substantial increase over the past three years in all of its business areas, and now commands either the number one or number two position in every market it serves. This change in ownership is a logical progression to Mitchell’s next phase of growth,” says Jim Lindner, Mitchell’s president.

Mick Hellman, a managing director at Hellman & Friedman, says the investment is an excellent fit with the company’s growing portfolio of technology-based service companies. “We focus on growing, profitable companies that use their superior domain expertise to help their customers adapt to the new economy. Mitchell meets those criteria.”

Lindner believes his organization will benefit from the technology holdings at Hellman & Friedman. “We anticipate the extra resources Hellman & Friedman brings to bear will help us advance our Internet strategy and itnernational presence, and provide a wider array of products and services to the markets we serve.”