Tag Archives: GTS

Glaxis RightGlass and Online NAGS Catalog Services Down

The GTS Services/Glaxis Team have notified customers that its RightGlass and Online NAGS Catalog services at apps.glaxis.com have been down for some time and will remain down “indefinitely.” However, the company notes that it is using the downtime “to improve … Continue reading

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AGW Exhibitors Continue to Show Off What’s New

Auto glass enthusiasts hit the showroom floor for another day to visit with this year’s exhibitors. Some of the booths even ran out of products to showcase because attendees cleaned out their inventory from the previous day. Many of them … Continue reading

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Solera Holdings Schedules Special Stockholders Meeting

Solera Holdings, parent company to LYNX Services, GTS and Glaxis, is moving forward with its plan to go private. It has scheduled a special stockholders meeting for December 8, 2015 at 8 a.m. Central Time, at the Grand Hyatt DFW at Dallas/Fort Worth International Airport to hold a vote on the deal. Continue reading

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Solera Holdings Says FTC Terminated Waiting Period under Hart-Scott-Rodino Antitrust Act

Solera Holdings, parent company to LYNX Services, GTS and Glaxis, announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 was terminated by the United States Federal Trade Commission (FTC) on October 9, 2015. This waiting period … Continue reading

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Report: Solera Holdings Has New Suitor

Another company is considering an offer for Solera Holdings that tops Vista Equity Partners deal which is valued at $6.5 billion, including Solera’s existing debt, according to a report. Solera, parent company to LYNX Services, GTS and Glaxis, could terminate “the merger agreement [with Visa Equity] in compliance with its terms in order to accept a superior proposal,” according a U.S. Securities and Exchange Commission (SEC) document filed last week. Continue reading

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Solera Holdings to Go Private

Solera Holdings, parent company to LYNX Services, GTS and Glaxis, will operate as a privately-owned company once Vista Equity Partners, Koch Industries and Goldman, Sachs & Co., close the deal to acquire 100 percent of the outstanding shares of Solera common stock for $55.85 per share in cash, according a newly filed U.S. Securities and Exchange Commission (SEC) document. Continue reading

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UPDATED: Vista Equity Partners to Acquire Solera Holdings

Vista Equity Partners will acquire Solera Holdings in a transaction valued at $6.5 billion, which includes Solera’s existing debt. Other investors include an affiliate of Koch Equity Development LLC, which is the investment and acquisition subsidiary of Koch Industries Inc., and an affiliate of Goldman, Sachs & Co. Continue reading

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HOT NEWS: Vista Equity Partners to Acquire Solera Holdings

Vista Equity Partners will acquire Solera Holdings in a transaction valued at $6.5 billion, which includes Solera’s existing debt. Other investors include an affiliate of Koch Equity Development LLC, which is the investment and acquisition subsidiary of Koch Industries Inc., and an affiliate of Goldman, Sachs & Co. Continue reading

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Solera Holdings Cuts Fiscal 4Q Sales Call Short

Tony Aquila, Solera Holdings founder, chairperson and CEO, did not answer any questions or discuss the company’s future outlook during this week’s conference call on fiscal-year fourth-quarter sales. Why? Because the company is exploring a possible sale. Continue reading

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Solera Holdings Says It’s Exploring Possible Sale

Solera Holdings, which owns LYNX Services, GTS and Glaxis, is “exploring a variety of strategic alternatives,” including a possible sale of the company, according to a company statement it released. Continue reading

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Solera’s CEO Talks Glass During Quarterly Report

The addition of the automotive glass claims business has not yet had much of an impact on business, according to Tony Aquila, CEO of Solera Holdings. But he expects this to change soon. Continue reading

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Solera CEO, Tony Aquila, to Deliver Wednesday Keynote at Auto Glass Week™ 2014

Tony Aquila, of Solera Holdings, Inc., will deliver the Wednesday keynote address at this year’s Auto Glass Week™, (http://autoglassweek.com/) which will be held at the Baltimore Convention Center in Baltimore, Md. He is scheduled to speak Wednesday morning, October 8, from 9:00 – 9:45 a.m. and will be presenting, “A Look Ahead.” Continue reading

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Industry Takes Wait and See Attitude with LYNX, Solera Holdings’ Deal

“I’m hoping that with Solera Holdings, [LYNX Services] can compete with Safelite Solutions’ dominance in the third-party administrator (TPA) [of automotive glass claims’] arena,” says Henry Peralta, sales manager for Stockton Auto Glass in Stockton, Calif. Westlake, Texas-based Solera Holdings is in the process of purchasing Pittsburgh Glass Works’ (PGW) Insurance and Services Division, which includes LYNX Services, GTS and Glaxis, along with other information technology services. Continue reading

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