M&A Deal Summary

Solera Acquires AutoSoft S.r.l.

On January 6, 2014, Solera acquired internet software and services company AutoSoft S.r.l.

Acquisition Highlights
  • This is Solera’s 8th transaction in the Internet Software and Services sector.
  • This is Solera’s 1st transaction in Italy.

M&A Deal Summary

Date 2014-01-06
Target AutoSoft S.r.l.
Sector Internet Software and Services
Buyer(s) Solera
Deal Type Add-on Acquisition

Target

AutoSoft S.r.l.

Italy
AutoSoft S.r.l., a platform that provides workflow, damage assessment and claims management for insurance companies, vehicle repairers and assessors.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Solera

Westlake, Texas, United States

Category Company
Founded 1966
Sector Software
Employees3,600
Revenue 987M USD (2013)
DESCRIPTION

Solera is a provider of risk and asset management data and software as a service solution for the automotive and insurance industries. Solera was formed in 1966 and is based in Westlake, Texas.


DEAL STATS #
Overall 23 of 40
Sector: Internet Software and Services M&A 8 of 14
Type: Add-on Acquisition M&A Deals 19 of 34
Country: Italy M&A 1 of 1
Year: 2014 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-12 Distribution Service Technologies

Lake Forest, California, United States

Distribution Service Technologies, Inc., is a provider of B2B e-Commerce, ERP support and analytics solutions for automotive mechanical part distributors in North America. Through its cloud-based procurement solutions, DST connects mechanical aftermarket, heavy duty and OEM parts suppliers with repair shops, dealerships and fleet consumers, driving revenues and lowering operating costs.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-14 sachcontrol AG

Dresden, Germany

sachcontrol AG, a property claims management provider. By comparing property repair invoices against its proprietary database of standardized market prices for materials, labor and repair processes, sachcontrol is able to reduce severity costs for its insurance customers. sachcontrol's database contains millions of data points, localized by postal code covering thousands of repair steps across multiple building trades.

Buy -