Solera Holdings Signs JV Agreement with Welsh, Carson, Anderson & Stowe


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Solera Holdings, Inc. (NYSE: SLH), a leading global provider of software and services to the automobile insurance claims processing and decision support industries, today announced that it has signed a definitive agreement to purchase equity interests in a parent company of Service Repair Solutions, Inc. ("SRS") from an affiliate of Welsh, Carson, Anderson & Stowe ("Welsh Carson"), a leading private equity firm (the "Joint Venture"). The transaction is subject to customary closing conditions, including Hart-Scott-Rodino clearance, and is expected to close in Solera's second quarter of fiscal year 2014.SRS is a leading provider in the $200B service, maintenance and repair market with proprietary databases and workflow solutions. The combination of Solera and SRS will expand Solera's reach deeper into household decisions related to the total cost of automobile ownership. This marks yet another step as Solera strengthens its insurance carrier, auto dealer, mechanical and collision repair facility, and OEM relationships..

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

See full press release

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsGuidanceContractsManagementGlobal