What kind of company is Solera?

What kind of company is Solera?

Solera Holdings
Solera Holdings is an American company based in Texas which provides risk management and asset protection software and services to the automotive industry and property insurance marketplace….Solera Holdings.

Type Private
Website solera.com

Is Solera a public company?

Solera went public on the NYSE in 2007 under the stock symbol “SLH”, joined the S&P 400 in 2009, and went private in 2016 in a $6.5 billion transaction backed by leading investors that include Vista Equity Partners, Koch Industries and Goldman Sachs.

How much is Solera Holdings worth?

Shares in the blank-check company were up about 7% after spiking as much as 26% after the close of regular trading. Earlier Thursday, they fell 0.2% to $11, giving the company a market capitalization of $1.14 billion.

Who owns Solera Holdings?

Vista Equity Partners
Solera Holdings/Parent organizations

What Solera means?

on the ground
Solera means “on the ground” in Spanish, and it refers to the lower level of the set of barrels or other containers used in the process; the liquid is traditionally transferred from barrel to barrel, top to bottom, the oldest mixtures being in the barrel right “on the ground”, although the containers in today’s process …

What does Solera company do?

Solera Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, provides data and software services to the automobile insurance claims processing industry, collision repair facilities, independent assessors, and automotive recyclers. Solera Holdings serves customers worldwide.

Who is the CEO of Solera?

Darko Dejanovic (Nov 5, 2019–)
Solera Holdings/CEO

How does a solera work?

In the solera process, a succession of containers are filled with the product over a series of equal aging intervals (usually a year). A group of one or more containers, called scales, criaderas (‘nurseries’), or clases are filled for each interval.

Where is the solera system used?

This system is called solera and it is used in the production of all types of sherry, dry or sweet. It is also commonly used for other wines, Spanish brandy, sherry vinegar, Madeira and Port wines and occasionally other drinks like whisky or beer.

Who owns dealer socket?

DealerSocket, Inc./Parent organizations
Dealership technology company DealerSocket will be acquired by Solera Holdings Inc., which specializes in data and software for the insurance and automotive industries, Solera said Monday.

What solera means?

What is the purpose of the solera system?

Purpose of a solera The most significant result of the solera system is ensuring continuity and consistency. By blending multiple vintages, the possible variability of each year will be lowered and – after a certain amount of years – the bottled wine will maintain a constant average age.

What kind of company is Solera insurance company?

Solera Holdings is an American company based in Texas which provides risk management and asset protection software and services to the automotive industry and property insurance marketplace.

When did Solera become part of the S & P 400?

Solera also provides digital identity management services, as well as re-underwriting and data analytics solutions for the property and casualty insurance industries. Solera is active in 88 countries across six continents. Solera became part of the S&P 400 after an Initial public offering in May 2007.

Who is the Managing Member of Solera SD?

Vaso’s road to Solera-SD as a Managing Member has taken many turns. His career as an engineer allowed him to work in a variety of industries such as steel, paper, automotive, and chemicals.

Who is the supply chain specialist at Solera?

Mana joined the Solera Source Dynamics team in 2016 as the Import Specialist and in 2019 handles Purchasing for our Supply Chain Department. Rebecca Treas started with Solera in January 2019 as a Supply Chain Specialist handling Imports.