M&A Deal Summary

Solera Acquires DMEautomotive

On June 4, 2015, Solera acquired automotive company DMEautomotive for 143M USD

Acquisition Highlights
  • This is Solera’s 1st transaction in the Automotive sector.
  • This is Solera’s 6th largest (disclosed) transaction.
  • This is Solera’s 12th transaction in the United States.
  • This is Solera’s 1st transaction in Florida.

M&A Deal Summary
Date 2015-06-04
Target DMEautomotive
Sector Automotive
Buyer(s) Solera
Deal Type Add-on Acquisition
Deal Value 143M USD

Target

DMEautomotive

Daytona Beach, Florida, United States
DMEautomotive LLC is a provider of data-driven customer retention and marketing solutions for the retail automotive industry.

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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 is active in over 90 countries across six continents, and has over 235,000 customers and partners, including many of the largest U.S. and European P&C insurance companies and most of the world’s largest vehicle OEMs, as well as many national governments, financial institutions, vehicle dealerships, vehicle repair shops, salvage yards, and vehicle buyers and sellers. Solera was formed in 1966 and is based in Westlake, Texas.

DEAL STATS #
Overall 27 of 40
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 22 of 34
State (Florida) 1 of 1
Country (United States) 12 of 18
Year (2015) 1 of 3
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-20 CAP

Leeds, United Kingdom

CAP's data and information systems serve clients across a broad variety of automotive-related sectors. CAP's current used car values are used as the benchmark for residual values performance across the disposals industry and CAP Monitor is the leading residual values forecasting tool for the Contract Hire, Leasing, Daily Rental, Finance and Insurance industries. CAP's new vehicle data system serves a broad variety of e-commerce, DMS, showrooms and asset management systems throughout the Retail, Contract Hire, Leasing, Finance and e-commerce sectors.

Buy £288M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-17 Identifix

Saint Paul, Minnesota, United States

Identifix, Inc. is a source for vehicle diagnostics, genuine OEM service and repair information, factory scheduled maintenance plans, and reliable estimating. Identifix's products and services include the online tool Direct-Hit and their technical Repair Hotline.

Buy -
Mergr

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