Enlyte acquires PartsTrader
PartsTrader has entered into a definitive agreement to be acquired by Enlyte, the parent company of Mitchell’s automotive physical damage (APD) division.
The planned acquisition marks a major milestone in PartsTrader’s evolution, with the companies saying it creates a powerful combination designed to drive new levels of efficiency, transparency and intelligence across the collision-repair industry.
Under the agreement, PartsTrader will become an independent and wholly owned subsidiary of Enlyte, which has its headquarters in San Diego, California.
PartsTrader will operate with its own leadership and continue being an “open, neutral platform”. It will maintain full connectivity with information providers, estimating systems, suppliers and partners across the industry while establishing a strategic partnership with Mitchell to deliver enhanced value to customers.
“This moment represents the next phase of our incredible growth story,” says Steve Messenger, PartsTrader’s chief executive officer.
“We’ve built an open marketplace that provides real and measurable value for repairers, insurers and suppliers. Enlyte is the ideal landing spot to accelerate that momentum.”
The collaboration between PartsTrader and Mitchell is expected to strengthen workflows, streamline parts selection and expand data-driven capabilities while preserving the open ecosystem repairers, insurers and suppliers rely on.
“We’re thrilled to welcome PartsTrader to the family,” says Alex Sun, chief executive officer 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, adds: “This partnership gives us the best of both worlds – the independence our customers trust, and resources and strategic alignment that will help us deliver more value. Our customers should expect continuity where it matters most and progress where it creates real impact.”
The transaction is scheduled to close in 2026 when a more detailed announcement will be provided.
About the companies
As a leading parts procurement marketplace, PartsTrader brings together repair shops, parts suppliers and insurance carriers on one platform. It helps repair shops make more accurate decisions regarding part type, price and availability.
Suppliers can quickly grow their market presence and reach thousands of new shops while improving how they serve current customers.
Insurance carriers gain transparency into procurement and access to valuable market data, allowing them to increase accuracy and efficiency on claims. PartsTrader LLC, based in Chicago, is privately held.
Founded in 2004 by entrepreneurial consultants in Wellington, PartsTrader NZ enables automotive trade parts buyers in Aotearoa get multiple confidential quotes from suppliers online. Buyers can choose the best combination of price, delivery time and quality.
Despite economic downturns, a commitment to growth has helped the company to expand. In 2010, a partnership with America’s largest automotive insurer led to it splitting into PartsTrader Markets Ltd (development), and PartsTrader NZ and US (market-facing functions).
PartsTrader now supports more than 15,000 repairers and suppliers globally. Its online marketplace helps collision repairers source parts from OEM dealers, recyclers and alternative suppliers.
Enlyte operates in the property and casualty insurance industry, providing claims technology and connectivity solutions, specialised networks, case management, pharmacy benefit and disability management services. Serving some 2,000 entities, it simplifies processes and improve outcomes for automotive workers’ compensation and disability claims.
Mitchell International develops auto physical damage technology solutions. Combining decades of experience with open platform, proprietary data and intelligent, cloud-first applications, it helps insurance carriers, collision repairers and vehicle manufacturers.
