M&A Deal Summary

Asurion Acquires Soluto

On November 12, 2013, Asurion acquired internet software and services company Soluto

Acquisition Highlights
  • This is Asurion’s 1st transaction in the Internet Software and Services sector.
  • This is Asurion’s 1st transaction in Israel.

M&A Deal Summary

Date 2013-11-12
Target Soluto
Sector Internet Software and Services
Buyer(s) Asurion
Deal Type Add-on Acquisition

Target

Soluto

Tel Aviv, Israel
Soluto is a cloud based PC management platform that helps users manage and troubleshoot their computers. Soluto was established in 2008 and is based in Tel Aviv, Israel.

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Buyer(S) 1

Buyer

Asurion

Nashville, Tennessee, United States

Category Company
Founded 1994
Sector Consumer Services
DESCRIPTION

Asurion provides insurance tech support for smartphones, tablets, consumer electronics, appliances, satellite receivers and jewelry. Asurion was founded in 1994 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 3 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-16 ServiceBench

Fairfax, Virginia, United States

ServiceBench, Inc. is a provider of modular web-based service supply chain management applications to manufacturers, distributors, extended warranty providers and service providers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-12-02 Domestic & General

London, United Kingdom

Domestic & General is a specialist provider of extended warranty plans for domestic appliances and consumer electronic products. Domestic & General Group was formed in 1912 and is based in London, United Kingdom.

Buy -