close
MENU
Deals
2 mins to read

Making millionaires: PartsTrader deal struck at $650m

Founders of the auto parts marketplace would have had a $73.5 million return after the sale of the company was concluded in February.

The value of the PartsTrader purchase was $650m.

© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Colin Bevan and other co-founders of PartsTrader Markets will bank $73.45 million for the sale of the company to US company Enlyte.

The auto claims company and subsidiary of Mitchell Topco agreed to pay $650m for the Wellington-based company in December, according to an Overseas Investment Office

Want to read more? It's easy.

Choose your subscription

Already have an account? Login

Smartphone Only Subscription

NZ$29.95 / monthly

Monthly Premium Online Subscription

NZ$49.95 / monthly

Smartphone Only Annual Subscription

NZ$299.00 / yearly

Yearly Premium Online Subscription

NZ$499.00 / yearly

Premium Group Membership 10 Users

NZ$385+GST / monthly

$38.5 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$660+GST / monthly

$33 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1375+GST / monthly

$27.5 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$2100+GST / monthly

$21 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$999.00 / yearly

Individual
Group membership
NBR Marketplace

Student

Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499).
Brent Melville Thu, 02 Apr 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined

Free News Alerts

Sign up to get the latest stories and insights delivered to your inbox – free, every day.

I’m already subscribed/joined
Making millionaires: PartsTrader deal struck at $650m
Deals,
113561
true