Aurora Capital Group sells the stake in Mitchell that it acquired in 2007.
Mitchell International announced yesterday that it has executed a definitive agreement with KKR whereby Aurora Capital Group will exit its equity position and transition ownership to KKR. Financial terms of the transaction were not disclosed.
Aurora led an investment group that acquired Mitchell in February 2007 from Hellman & Friedman LLC. A little over a year later, in April 2008, Mitchell and CCC Information Services announced an agreement to merge the two companies. The Federal Trade Commission filed suit to block the merger and in March 2009,