Solera Holdings to Acquire Majority Stake in Sinexia Corporacion Tecnologica
Solera Holdings, Inc. (NYSE: SLH) today announced that it has signed definitive agreements to acquire a majority of the outstanding capital shares of Sinexia Corporacion Tecnologica. The agreements also provide Solera with the right to purchase up to 100% of Sinexia's outstanding capital shares.
Sinexia's APCAS Data software is a leading application for processing property and casualty insurance claims in Spain. Sinexia's web-based applications are used by assessors and insurers to more efficiently connect, assess, and process automobile and residential property claims and share all related files.
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