PartsTrader Announces Agreement to Be Acquired by Enlyte, Accelerating Innovation Across the Collision Industry

CHICAGO--(BUSINESS WIRE)--PartsTrader today announced it has entered into a definitive agreement to be acquired by Enlyte, the parent company of Mitchell’s Auto Physical Damage (APD) division. The planned acquisition marks a major milestone in PartsTrader’s evolution and creates a powerful combination designed to drive new levels of efficiency, transparency, and intelligence across the collision-repair ecosystem.

Under the agreement, PartsTrader will become an independent, wholly owned subsidiary of Enlyte, operating with its own leadership and continuing its long-standing commitment to remain an open, neutral platform. PartsTrader will maintain full connectivity with all information providers, estimating systems, suppliers, and partners across the industry—while also establishing a deeper strategic partnership with Mitchell to deliver enhanced value to customers.

“This moment represents the next phase of PartsTrader’s incredible growth story,” said Steve Messenger, Chief Executive Officer of PartsTrader. “We’ve built an open marketplace that provides real and measurable value for repairers, insurers, and suppliers every day. Enlyte is the ideal landing spot to accelerate that momentum, and I couldn’t be more excited for what this combination will unlock for the industry.”

The collaboration between PartsTrader and Mitchell is expected to strengthen workflows, streamline parts selection, and expand data-driven capabilities for all stakeholders—while preserving the open ecosystem that repairers, insurers, and suppliers rely on.

“We are thrilled to welcome PartsTrader to the Enlyte family,” said Alex Sun, CEO of Enlyte. “PartsTrader’s open marketplace model is a powerful complement to Mitchell’s technology. Together, we can bring greater clarity, speed, and choice to the industry—while ensuring PartsTrader continues to operate independently and serve the entire market.”

Mark Lindner, President of PartsTrader, noted, “This partnership gives us the best of both worlds: the independence our customers trust, and the resources and strategic alignment that will help us deliver even more value. Our customers should expect continuity where it matters most—and meaningful progress where it creates real impact.”

William Blair acted as the exclusive financial advisor to PartsTrader in connection with the transaction.

The transaction is scheduled to close in 2026, subject to customary closing conditions. A more detailed announcement will be provided upon closing.

About PartsTrader

As the world’s leading parts procurement marketplace, PartsTrader brings together repair shops, parts suppliers, and insurance carriers on one efficient, market-driven platform. PartsTrader helps repair shops make more accurate decisions regarding part-type, price, and availability. Suppliers can quickly grow their market presence and instantly reach thousands of new shops while improving the way they serve their current customers. Insurance carriers gain transparency into the parts procurement process and access to valuable market data, allowing them to increase accuracy and efficiency on every claim. PartsTrader LLC, based in Chicago, is privately held. For more information, visit partstrader.com

About Enlyte

Enlyte (www.enlyte.com) is a P&C industry leader providing claims technology innovations and connectivity solutions, specialty networks, case management, pharmacy benefit and disability management services. Serving over 2,000 entities, including a majority of Fortune 500 employers, Enlyte leverages its portfolio of solutions to simplify processes and improve outcomes for auto, workers’ compensation and disability claims.

About Mitchell

Mitchell International, Inc. (www.mitchell.com) is a leader in the development of innovative auto physical damage technology solutions. Combining decades of experience with an open platform, proprietary data and intelligent, cloud-first applications, we help insurance carriers, collision repairers and vehicle manufacturers protect dreams and restore lives. Each day, more than 20,000 organizations turn to Mitchell to support efficiently managing claims and safely returning consumers to the road. For more information, follow Mitchell on Facebook or LinkedIn.