Integrated Intelligence: Solera to acquire Omnitracs and DealerSocket

Toronto, Ontario — Solera announced last week that it will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a leading SaaS provider to the automotive industry.  With operations in more than 90 countries, Solera is the global technology and solutions provider operating in the vehicle lifecycle management ecosystem. Solera’s software and data assets power […]

Solera to acquire Autodata

Tony Aquila, CEO of Solera (left) and Rod Williams, CEO of Autodata. Solera has recently announced a definitive agreement to acquire Autodata.

Westlake, Texas — January 4, 2017 — Solera has entered into a definitive agreement to acquire Autodata, a provider of technical information and knowledge solutions for the automotive service, maintenance and repair industry. “Throughout a car’s life, there are over 54 transactions that occur between motorists and automotive businesses,” said Tony Aquila, Solera’s founder, Chairman […]

Digital connected cars and the recycler

Tanvir Arfi delivering a presentation at the 2016 ARA Convention.

By Tanvir Arfi, Managing Director of Solera Holdings Dallas, Texas — December 21, 2016 — We’re used to change in the automotive recycling industry, but everything we’ve seen indicates that the rate of change itself is accelerating. Even a brief overview of some of the most obvious trends will show this to be the case. […]

Advanced technology and the need for training under discussion at IBIS 2016

IBIS 2016 logo.

Barcelona, Spain — May 25, 2016 — Training, advanced driver systems and the power of technology were all under discussion at the second day of the International Bodyshop Industry Symposium (IBIS). The event, taking place at Hilton Diagonal Mar in Barcelona, Spain, concluded on May 25. Collision Repair magazine is the exclusive Canadian Media Partner […]

Vista Equity completes acquisition of Solera

Solera logo

Westlake, Texas — March 7, 2016 — Solera Holdings has been acquired by an affiliate of Vista Equity Partners. Other key investors include an affiliate of Koch Equity Development. Solera produces data and software solutions focused on insurance claims, including Audatex and AudaExplore. The deal closed with a purchase price of $6.5 billion US, or […]

Shareholders OK $6.5 billion Solera sale

Solera and Vista Equity logos.

By Jeff Sanford Toronto, Ontario — December 9, 2015 — Shareholders overwhelmingly accepted the $6.5 billion that Vista Equity Partners had offered for outstanding shares of software provider, Solera. The vote was described as a “landslide” in favour of the deal. And no wonder, Vista’s final offer of $6.5 billion was nearly double an August […]

Solera integrates parts procurement solutions to form InPart

InPart logo

Westlake, Texas — November 11, 2015 — Solera Holdings has announced the integration of its parts procurement solutions, including Distribution Service Technologies (“DST”) and APU Solutions (“APU”), to form InPart. Through InPart, Solera will enable online parts procurement from the industry’s largest network of suppliers directly within the existing systems and workflow of collision and […]