Toronto, Ontario -- A San Diego-based technology and service company that provides claims management solutions to the insurance industry is buying one of the collision industry's largest parts procurement network.
On December 18, Enlyte announced it has entered into an agreement to acquire the New Zealand-based PartsTrader, bringing it under the same corporate umbrella as Mitchell’s auto physical damage technology platform.
The transaction, which is expected to close in 2026 pending regulatory approvals in the United States and New Zealand, will see PartsTrader become a wholly owned subsidiary of Enlyte while continuing to operate as an independent business alongside Mitchell’s Auto Physical Damage division.
Enlyte officials said both Mitchell and PartsTrader will remain open platforms, allowing insurers, repairers and suppliers to continue working with other technology providers and partners across the claims and repair ecosystem.
“This acquisition reinforces Enlyte’s commitment to the auto physical damage industry and our focus on delivering comprehensive technology solutions that improve outcomes across the collision claims and repair sectors,” Enlyte chief executive Alex Sun (pictured) said. He added that combining Mitchell’s estimating and appraisal tools with PartsTrader’s procurement marketplace positions the company to “deliver even greater value” to insurers and repair facilities.
PartsTrader chief executive Steve Messenger said joining Enlyte provides additional resources while preserving the company’s core mission. “As part of Enlyte, we’ll have additional resources to accelerate our growth while continuing to serve our customers with the same commitment to excellence they’ve come to expect,” he said.
PartsTrader was established in Wellington, New Zealand, in 2004 by a group of consultants including Rob Cooper. The platform transitioned into a global entity following a 2010 partnership with a major American insurer, eventually achieving full continental U.S. coverage by 2014. It was recognized as the 2015 Electronic Commerce Company of the Year for its pioneering adoption of secure data exchange standards.
Mitchell is one of the dominant providers of estimating, claims management and appraisal technology in the auto physical damage space, with more than 20,000 organizations using its systems daily. The company has expanded its cloud-based tools in recent years as insurers and repairers push for greater automation, consistency and data integration.
Enlyte officials said the acquisition is intended to strengthen interoperability between appraisal, estimating and parts sourcing, areas that remain fragmented across much of the collision repair process. Industry analysts have increasingly pointed to parts availability, pricing volatility and cycle-time pressures as key cost drivers in auto physical damage claims.
The terms of the transaction were not disclosed.
