Shareholders OK $6.5 billion Solera sale
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 […]
Audatex parent Solera sold to Vista Equity
By Jeff Sanford Toronto, Ontario — September 15, 2015 — After several weeks of rumours and anticipation the sale of AudaExplore/Audatex parent company Solera has been announced. Vista Equity will pay a mighty $6.5 billion for the company. The deal is not unexpected. Executives at Solera recently voted to award bonus packages to convince executives […]
