KKR to Buy Claims-Technology Maker Mitchell From Aurora
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KKR & Co., the private-equity firm led by Henry Kravis and George Roberts, agreed to buy Mitchell International Inc., the first buyout by the firm’s technology group since the head of the team stepped down earlier this year.
The transaction is valued at about $1.1 billion, including debt, according to a person with knowledge of the matter, who requested anonymity because financial terms weren’t disclosed. KKR is buying Mitchell from Aurora Capital Group, a Los Angeles-based private-equity firm, the companies said in a statement today.