LONDON, ON, Aug. 19, 2013 /PRNewswire/ – CarProof, Canada’s largest and most
trusted national vehicle history report provider, today announced the
sale of a minority stake in the company to Hellman & Friedman, a San
Francisco-based private equity investment firm with offices in London,
New York and San Francisco.

“Hellman & Friedman is thrilled to invest in and partner with CarProof,”
said Ed Woiteshek from Hellman & Friedman. “We recognize that the
vehicle history report industry is one with very strong potential and
see this partnership as an incredible opportunity for both companies.
We are enthusiastic about CarProof’s strategic vision for the future
and are excited to support the company in its next phase of growth.”

“CarProof is at the intersection of two areas of expertise for Hellman &
Friedman – investing in world class data and information services
businesses and partnering with exceptional business leaders like Paul
Antony and his co-founders through minority investments,” said Patrick
Healy, Deputy CEO of Hellman & Friedman.

“Hellman & Friedman has a vast amount of experience across multiple
industries and a fantastic track record of partnering with and scaling
outstanding franchises,” said Paul Antony, President and CEO at
CarProof. “It was important to us to find a partner that would help us
grow our company both strategically and organically while maintaining
our core philosophy and corporate culture. We feel honoured to work
with Hellman & Friedman, a company that has such an impressive
pedigree. Leveraging each other’s strengths and relationships will
create tremendous value for our customers and partners.”

Jefferies LLC, the global investment banking firm, acted as financial
advisor to CarProof.

About CarProof
CarProof, a London, Ont.-based company founded in 2000, is the leading
provider of the most comprehensive used vehicle history report
available in Canada. CarProof’s fully bilingual vehicle history reports
rely on accurate and live real-time data to provide consumers with a
complete history of their vehicle including accident information,
cross-Canada lien search information and full U.S. history. In addition
to being nominated as one of Canada’s 50 Best Managed Companies in
2009, 2010, 2011 (winner) and 2012 (winner), CarProof was also honoured
with Deloitte’s 2011 and 2012 Technology Fast 500™ and Fast 50™ Awards.
For more information about CarProof, visit www.carproof.com.

Connect with CarProof on Facebook, Twitter and YouTube.

About Hellman & Friedman
Hellman & Friedman LLC is a leading private equity investment firm with
offices in San Francisco, New York and London. Since its founding in
1984, Hellman & Friedman has raised, and through its affiliated funds,
managed over $25 billion of committed capital. The firm focuses on
investing in superior business franchises and serving as a value-added
partner to management in select industries including business &
marketing services, insurance, financial services, software, internet &
digital media, media, healthcare, and energy & industrials. For more
information on Hellman & Friedman, visit www.hf.com.

SOURCE CarProof Vehicle History Reports