Thursday, January 5, 2017

Solera Holdings Buys Autodata

Westlake, Texas-based Solera Holdings has acquired UK-based Autodata a provider of technical information for the automotive aftermarket. Financial terms of the acquisition were not announced. Autodata was founded in 1975, and started as a publisher of do-it-yourself manuals for car enthusiasts and mechanics. The company now provides diagnostics and repair information resources to professional mechanics. Autodata was owned by Bowmark Capital and Rothschild & Co's Five Arrows Principal Investments, which acquired the company in 2014. Solera Holdings is owned by Vista Equity Partners, Koch Industries and Goldman Sachs.