Tag Archives: Vista Equity Partners

Vista Equity Partners Completes Acquisition of Solera Holdings

Vista Equity Partners has officially closed its acquisition of Solera Holdings, parent company to LYNX Services, GTS and Glaxis. Other key investors include an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries Inc., and an affiliate of Goldman, Sachs & Co. Continue reading

Posted in glassBYTEs Original Story | Tagged , , , , , , , | Leave a comment

Solera Reports Revenue Decline from Glass and Collision Customers

Solera Holdings’ revenues from collision and glass facility customers were $68.7 million for the second fiscal-year quarter, down 4.9 percent from the same period last year. The company did not break out its glass-only results. “On a constant-currency basis, revenues … Continue reading

Posted in glassBYTEs Original Story | Tagged , , , , , | Leave a comment

It’s Official: Vista Equity Acquires Solera

Westlake, Texas-based Solera Holdings Inc., parent company of Lynx Services, has a new owner. Vista Equity Partners says it has acquired the company for $55.85 per share in cash (the Merger). The New York Times puts that at a $6.5 … Continue reading

Posted in glassBYTEs Original Story | Tagged , , | Leave a comment

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. Continue reading

Posted in glassBYTEs Original Story | Tagged , , , , , , , | Leave a comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , , , | Leave a comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , | Leave a comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , | Leave a comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , | 1 Comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , , , , , | 1 Comment

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

Posted in glassBYTEs Original Story | Tagged , , , , , , , , , , | Leave a comment