Fundz

Solera To Acquire Leading Vehicle Intelligence Company Spireon

PRIVATEFeb 01, 2022

Acquiring Company

Solera

Acquired Company

Spireon

WestlakeSoftwareinformation technology & servicesSoftware

Description

Solera Holdings, LLC ("Solera"), the leading global provider of integrated vehicle lifecycle and fleet management software-as-a-service, data, and services, today announced that it has signed a definitive agreement to acquire Spireon, one of North America's largest device-independent telematics and connected vehicle intelligence companies, from Greenbriar Equity Fund IV, L.P., a fund managed by Greenbriar Equity Group, L.P. ("Greenbriar").

Quick answer

Solera is acquiring Spireon, announced February 1, 2022. Solera is based in Westlake, Texas, United States.

How much did Solera pay for Spireon?
The deal value was not disclosed.
What does Solera do?
Solera is the leading global provider of integrated vehicle lifecycle and fleet management software-as-a-service, data, and services.
Where are Solera and Spireon based?
Solera is based in Westlake, Texas, United States.
Who are the decision-makers at Solera?
Fundz holds 2 contacts at Solera. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Solera

Location

1500 Solana Blvd

Westlake, Texas, United States

About

Solera is the leading global provider of integrated vehicle lifecycle and fleet management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, eDriving/Mentor, Explore, CAP HPI, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a "one-stop shop" solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.

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Frequently asked

Who acquired Spireon?

Spireon was acquired by Solera, based in Westlake. The deal was reported on February 1, 2022. Solera is the leading global provider of integrated vehicle lifecycle and fleet management software-as-a-service, data, and services. Solera is privately held and operates in Software.

When did Solera acquire Spireon?

Solera's acquisition of Spireon was reported on February 1, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Spireon do?

Spireon, the Vehicle Intelligence Company, is one of the leading providers of device-independent aftermarket telematics solutions in North America. It is privately held, operating in Software.

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