Solera Holdings

North Texas’ Solera Corp. Files Paperwork for IPO; Seeks $10-13 Billion Valuation, per Bloomberg

by | Jul 18, 2024

Solera Corp., the Westlake-based global provider of SaaS solutions for the vehicle lifecycle ecosystem, announced in late June that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of common stock.

Bloomberg reported that Solera, backed by Vista Equity Partners, was seeking a valuation between $10 billion and $13 billion through its planned IPO....

MORE
Westlake-based Solera To Acquire Aussie Insurtech Company

Westlake-based Solera Holdings has a deal to acquire Australian insurance tech provider ENData, the company announced on Monday. Through an intelligent platform, ENData can simplify and automate the fulfillment of insurance claims.

That’s on the heels of Solera’s May announcement of its acquisition of two Dallas-area companies, DealerSocket and Omnitracs. That deal combined three Vista Equity Partners companies into a one-stop shop....

MORE
Omnitracs’ New Technology Combats Inattentive Driving By Intervening Before a Disaster
by | Jun 10, 2021
Dallas' Omnitracs, which was recently acquired by Westlake-based Solera, has released SmartSense for Inattentive Driving+ to detect and notify a driver using AI and computer vision to find potential safety-critical behavior. It's solving a problem—inattention—that has become increasingly worse during COVID, according to CTO Ray Ghanbari.
MORE
DI People: Pearson Partners, January Digital, Solera Holdings, DoctorLogic Make Exec Moves
by | Jun 11, 2019
You'll also find news about OneSource Virtual, Tarrant County College District, Botanical Research Institute of Texas, Mutual of Omaha Bank, Catholic Charities Fort Worth, Cantey Hanger, Mass Luminosity, and Tucker Powersports in this roundup of leadership and executive moves by companies and organizations in North Texas.
MORE