M&A Deal Summary

Solera Acquires PS Holdings

On October 8, 2012, Solera acquired internet software and services company PS Holdings

Acquisition Highlights
  • This is Solera’s 3rd transaction in the Internet Software and Services sector.
  • This is Solera’s 6th transaction in the United States.
  • This is Solera’s 1st transaction in Kansas.

M&A Deal Summary
Date 2012-10-08
Target PS Holdings
Sector Internet Software and Services
Buyer(s) Solera
Deal Type Add-on Acquisition

Target

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.

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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 13 of 40
Sector (Internet Software and Services) 3 of 14
Type (Add-on Acquisition) 10 of 34
State (Kansas) 1 of 1
Country (United States) 6 of 18
Year (2012) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-27 Title Technologies

Dallas, Texas, United States

Title Technologies, Inc., a web based platform allows automotive dealerships to streamline operations and improve the customer purchasing experience by assembling and processing the data necessary to electronically register a vehicle, produce a title, and issue a permanent or temporary tag real-time at the point of sale.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-03 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.

Buy -
Mergr

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