Allianz X to acquire a majority stake in GT Motive from Einsa Print and Mitchell International.

Allianz X, a private equity firm, agreed to acquire a majority stake in GT Motive, a company specialized in delivering automotive data to the repair, insurance, fleet and leasing industries, from Einsa Print, a company that provides printing on shoes, clothes, books, and other stationery, and Mitchell International, a software developer. Financial terms are not disclosed. "GT Motive provides highly-accurate data at competitive prices and one of the most integrative, customer-centric platforms on the market. We see enormous potential to scale it up into a hard-hitting heavy- weight. All it needs is some more muscle behind it—and that’s where Allianz X can help," Dr. Nazim Cetin, Allianz X CEO.