WESTLAKE, Texas, Aug. 4, 2016 /PRNewswire/ -- Solera Holdings, Inc., a global leader in cognitive technologies for the automotive and home ownership ecosystems, today announced that it has completed the acquisition of Enservio, Inc., the largest U.S. provider of SaaS-based software and services to the property contents insurance marketplace.
Founded and continuously led by inventor and entrepreneur Tony Aquila, Solera is a global technology leader in intelligent data and software systems that digitally transform the ways we manage life's most important assets – the vehicle and the home. Solera's solutions and services bring together consumers, insurers, banks, governments, manufacturers, owners, wholesalers, retailers, and service and repair industries into digitally unified ecosystems that enable the management, protection and security of assets throughout their lifecycles. Solera processes over 240 million transactions annually for approximately 200,000 partners in 78 countries. Solera's global product platforms include Audatex, AutoPoint, CAP/HPI, Digidentity, Explore Data, Hollander, Identifix, Inpart and TitleTec, as well as the company's flagship application, Digital Garage. Since its inception in 2005, Solera has grown aggressively with over 40 acquisitions across its Risk Management Solutions, Service Maintenance & Repair, and Customer Retention Management platforms. Unified by a strong culture that values uncommon thinking and continuous "do it different" innovation, Solera's global workforce of over 5,500 associates comes from a wide range of forward-thinking industries such as automotive technology, consumer mobility, artificial intelligence, mobile communications, identity protection, and digital security. In 2007, Solera went public on the NYSE under the stock symbol "SLH", and went private in 2016 in a $6.5 billion transaction backed by leading investors that included Vista Equity Partners, Koch Industries and Goldman Sachs. For more information, please visit www.solera.com, or connect with us at fb.com/solerainnovation. Solera is also on Twitter @solerainc and Instagram @soleraworks. To learn more about our elite innovation teams, please visit r3pi.io, fb.com/solerar3pi or on Instagram @solerar3pi.
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SOURCE Solera Holdings, Inc.