Add-on Acquisition • Software

Solera Acquires Mensaelect S.A.

On December 3, 2012, Solera acquired software company Mensaelect S.A.

Acquisition Context
  • This is Solera’s 9th transaction in the Software sector.
  • This is Solera’s 1st transaction in Spain.

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M&A Deal Summary

Date December 3, 2012
Target Mensaelect S.A.
Sector Software
Buyer(s) Solera
Deal Type Add-on Acquisition

Target Company

Mensaelect S.A.

Barcelona, Spain
Mensaelect S.A., a web-based solution streamlines the invoicing process between Spanish body shops and insurers and provides body shops with faster, more efficient payments from insurance companies.
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Buyer Overview 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 Context for Buyer #
Overall 14 of 40
Sector: Software 9 of 16
Type: Add-on Acquisition 11 of 34
Country: Spain 1 of 1
Year: 2012 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-08 PS Holdings

Overland Park, Kansas, United States

PS Holdings LLC, whose services are sold under the "APU" brand name. APU is a cloud-based locator of recycled, aftermarket, reconditioned and surplus original equipment parts for the vehicle repair industry. Based in the United States, APU sources these alternative parts from its extensive, qualified network of automotive recyclers, parts distributors, dealers and manufacturers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-07 CarweB

Tonbridge, United Kingdom

CarweB Ltd., is a provider of vehicle history and vehicle-specific technical data products and services to the UK market. CarweB's robust platform is relied upon by a wide range of customers including parts suppliers, collision and service repair shops, automobile dealerships, manufacturers, insurers, financial institutions and, through its B2C platform, consumers.

Buy -

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