Completed Transaction: Acquisition of Softwaresysteme GTLDATA GmbH
January 29, 2010
Acquisition of Softwaresysteme GTLDATA GmbH by Solera Holding, Inc.
VISCARDI acted as exclusive M&A adviser to Solera Holding, Inc. in the acquisition of 100% of the outstanding shares of Softwaresysteme GTLDATA GmbH from the founders of the company. The transaction is subject to certain conditions to closing and is expected to close in the third quarter of Solera's fiscal year 2010. Combining Solera’s operations in Austria with GTLDATA will allow Solera to provide greater value to assessors, insurance companies and collision repair shops by offering additional products and services.
VISCARDI supported the financial due diligence, provided valuation analysis and deal structuring advice and supported the transaction negotiations
Softwaresysteme GTLDATA GmbH is Austria’s leading provider of assessor management software providing the front end application and communication platform. GTLDATA provides assessors tools to more efficiently assess, organize and communicate automobile claims data with insurance companies in Austria. GTLDATA already worked very closely with the Solera’s Austrian subsidiary Audatex Austria for over ten years. The company is based in Klagenfurt/Austria.
Solera Holding, Inc. (NYSE:SLH) is a leading global provider of software and services for the automotive claims processing industry. The company is active in over 50 countries across six continents. The Solera companies include Audatex (US, CN and in more than 45 additional countries), Informex (B), Sidexa (F), ABZ (NL), HPI (UK), Hollander serving the North American recycling market, AUTOonline providing salvage disposition in a number of European countries and Mexico, and IMS providing medical review services. Its customer base comprises more than 1,500 automobile insurance companies, 36,000 collision repair facilities, 7,000 independent assessors as well as 29,000 automotive recyclers and auto dealers. In FY 2009, Solera generated revenues of $558m and has a market capitalisation of approx. $2.4bn as of January 2010.
VISCARDI AG is an independent full service investment bank and provides a broad product offering covering the entire range of investment banking services for small and mid cap companies. Our Corporate Finance practice includes Equity Capital Markets, Mergers & Acquisitions and Private Financing transactions for both listed and private companies. Our focus sectors are Technology, Renewable Energy & Infrastructure, Industrial Products & Services, Health Care & Life Sciences, Consumer Goods & Retailing and Real Estate.
Files:
Deal-Sheet-GTLData_01.pdf
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Acquisition of Softwaresysteme GTLDATA GmbH by Solera Holding, Inc.
VISCARDI acted as exclusive M&A adviser to Solera Holding, Inc. in the acquisition of 100% of the outstanding shares of Softwaresysteme GTLDATA GmbH from the founders of the company. The transaction is subject to certain conditions to closing and is expected to close in the third quarter of Solera's fiscal year 2010. Combining Solera’s operations in Austria with GTLDATA will allow Solera to provide greater value to assessors, insurance companies and collision repair shops by offering additional products and services.
VISCARDI supported the financial due diligence, provided valuation analysis and deal structuring advice and supported the transaction negotiations
Softwaresysteme GTLDATA GmbH is Austria’s leading provider of assessor management software providing the front end application and communication platform. GTLDATA provides assessors tools to more efficiently assess, organize and communicate automobile claims data with insurance companies in Austria. GTLDATA already worked very closely with the Solera’s Austrian subsidiary Audatex Austria for over ten years. The company is based in Klagenfurt/Austria.
Solera Holding, Inc. (NYSE:SLH) is a leading global provider of software and services for the automotive claims processing industry. The company is active in over 50 countries across six continents. The Solera companies include Audatex (US, CN and in more than 45 additional countries), Informex (B), Sidexa (F), ABZ (NL), HPI (UK), Hollander serving the North American recycling market, AUTOonline providing salvage disposition in a number of European countries and Mexico, and IMS providing medical review services. Its customer base comprises more than 1,500 automobile insurance companies, 36,000 collision repair facilities, 7,000 independent assessors as well as 29,000 automotive recyclers and auto dealers. In FY 2009, Solera generated revenues of $558m and has a market capitalisation of approx. $2.4bn as of January 2010.
VISCARDI AG is an independent full service investment bank and provides a broad product offering covering the entire range of investment banking services for small and mid cap companies. Our Corporate Finance practice includes Equity Capital Markets, Mergers & Acquisitions and Private Financing transactions for both listed and private companies. Our focus sectors are Technology, Renewable Energy & Infrastructure, Industrial Products & Services, Health Care & Life Sciences, Consumer Goods & Retailing and Real Estate.
Files:
Deal-Sheet-GTLData_01.pdf<- Back to: Home