Tag Archives: Tony Aquila

Solera Holdings Reports Net Loss in Part Due to Pending Deal to Go Private

Tony Aquila, Solera Holdings founder, chairperson and CEO, did not answer any questions or talk about the company’s future outlook during the conference call late last week, which discussed fiscal-year first-quarter sales. Because the company is set to go private, the company sees no need, said Aquila.

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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.

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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.

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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.

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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.

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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.

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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.

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Tesla Motors Selects Solera to Provide Collision and Customer Communication Services

Tesla Motors has tapped Solera Holdings’ collision estimating and customer communication platforms for its global certified collision repair centers.

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Solera Acquires Identifix

Solera Holdings is acquiring 100 percent ownership of Identifix, an industry leading data-driven software-as-a-service company within the $8 billion vehicle service, maintenance and repair (SMR) market.

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Solera to Invest $5 Million to Build Research Facility for China’s Growing Insurance and Repair Industry

Solera Holdings will invest $5 million (USD) to support the rapidly growing Chinese automobile insurance market with the creation of a Solera Technology Center (STC) research facility.

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LYNX Helps to Push Solera Holdings Revenues Up 15 Percent for the Americas

Solera Holdings, owner of LYNX Services, reported third-quarter 2015 revenues for the Americas of $149.7 million, up 15.4 percent over the same period last year. After excluding the revenues of the Insurance and Services division of Pittsburgh Glass Work, revenues grew by 3.8 percent over the prior year.

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Solera Holdings’ Revenues Up 33 Percent for Americas, Largely Due to LYNX Services

Solera Holdings, owner of LYNX Services, reported second-quarter 2015 revenues for the Americas of $148.0 million, up 33.2 percent from the prior second quarter. After excluding revenues for Service Repair Solutions and the Insurance and Services division of Pittsburgh Glass Works, Americas’ revenues grew by 5.9 percent from the prior year.

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Solera Holdings Purchases Service Dynamics through Equity Interest

Solera Holdings, owner of LYNX Services, has acquired 100 percent of the equity interests of Service Dynamics.

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Solera Holdings Acquires IBS Automotive in the Czech Republic and Slovakia

Solera Holdings has acquired 100 percent of the equity interests of IBS Automotive s.r.o. IBS is a provider of vehicle valuation data in the Czech Republic and Slovakia.

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Solera Holdings Gives Aquila a Special Cash Award for Diversifying the Business Model

The Compensation Committee of Solera Holdings granted a one-time, special cash award of $2.6 million to Tony Aquila, CEO.

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Solera Acquires U.S.-Based CAP Automotive

Solera Holdings Inc. has acquired 100 percent of the equity interests in CAP Automotive. CAP provides real-time valuations and specifications for new and used vehicles in the United Kingdom. On an annual basis, CAP currently processes over 18 million valuations, according to officials.

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Solera CEO: Glass Is a $2 Billion Market Opportunity

Solera Holdings’ founder, chairman and CEO Tony Aquila called glass a $2 billion market opportunity during his company’s fiscal first-quarter conference call.

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Auto Glass Week™ Continues in Baltimore with Aquila Keynote

A plethora of educational seminars occurred Wednesday, as well as a keynote from Tony Aquila, CEO of Solera Holdings. Solera is the new parent company for LYNX Services and GTS. He offered a thought-provoking view of the future. He told … Continue reading

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Tony Aquila:

Tony Aquila, CEO of Solera Holdings, parent company to LYNX Services, GTS and Glaxis, provided an overview of where the consumer-auto interface is going and offered a few insights on the automotive glass industry during his keynote address at Auto Glass Week in Baltimore this morning. “I want to talk about you and what we are going through as an industry,” said Aquila, “I’d like you to open your mind a bit.”

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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.

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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.”

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Solera Completes Acquisition of PGW’s Insurance and Services Division

Solera Holdings Inc. has completed the acquisition of the Insurance and Services Division of Pittsburgh Glass Works (I&S), which includes LYNX Services, GTS Services and GLAXIS.

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Solera Announces Australia & New Zealand Cooperation Agreement with Suncorp Group

Solera Holdings is now the preferred provider of automobile insurance claims processing software and services for Suncorp Group, which includes a portfolio of leading general insurance brands in Australia and New Zealand.

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Solera Holdings to Acquire sachcontrol AG

Solera Holdings, which recently acquired the Insurance and Services Division of Pittsburgh Glass Works, including LYNX Services, GTS Services and Glaxis, has signed a definitive agreement to acquire sachcontrol AG, a property claims business based in Dresden, Germany.

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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.

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