Private Equity Firm KKR Buys Mitchell International

By David Dankwa, Senior ReporterInvestment firm KKR has acquired insurance claims software provider Mitchell International for an undisclosed amount.The investment – reportedly valued at $1.1 billion – will allow the transfer of equity ownership from Mitchell’s prior owner, Aurora Capital, to KKR.The investment in Mitchell comes within days of another significant private equity-led transaction – the acquisition of PMSI and Progressive Medical by funds managed by Kelso & Co.In a statement, Mitchell President and Chief Executive Officer Alex Sun said KKR shares the co...