Companies

Private Equity Portfolio

Details

Year of Investment: 2016
Portfolio Status: Current
Headquarters: Westlake, TX
solera.com

Software and information solutions for the global insurance and automotive industries.

Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global leader in digital technologies that manage and protect life’s most important assets: our cars, homes, and identities. Since its inception in 2005 as a garage-based startup, Solera has grown aggressively with over 45 acquisitions across its Risk Management Solutions, Service Maintenance & Repair, and Customer Retention Management platforms. The company’s current product solutions include Audatex, Autodata, AutoPoint, CAP/HPI, Colimbra, Digidentity, Enservio, Explore Data, Hollander, Identifix, Inpart, LYNX, and TitleTec, as well as the company’s flagship Digital Garage application. Today, Solera processes over 250 million transactions annually for approximately 200,000 partners and customers in nearly 90 countries. Unified by a strong culture that values uncommon entrepreneurial thinking and continuous “do-it-different” innovation, Solera’s global workforce of 6,000+ associates comes from diverse forward-thinking industries that include automotive technology, artificial intelligence, software development, data sciences, cybersecurity, cognitive design, and digital identity protection.

Solera was founded in 2005 and is based in Westlake, TX, with operations worldwide.

Vista Equity Partners Fund V completed a take-private of Solera in March 2016.