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Solera Holdings, Inc. Announces Early Termination Of Hart-Scott-Rodino Waiting Period

The following excerpt is from the company's SEC filing.

WESTLAKE, TexasOctober 13, 2015(PRNewswire)Solera Holdings, Inc. (NYSE: SLH) (Solera, the Company, we, us or our) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the HSR Act), applicable to its proposed acquisition by an affiliate of Vista Equity Partners (Vista), was terminated by the United States Federal Trade Commission on October 9, 2015.

As previously announced on September 13, 2015, Solera and Vista have entered into a definitive merger agreement (the Merger Agreement) pursuant to which an affiliate of Vista will acquire Solera in a transaction valued at approximately $6.5 billion (the Merger), including the existing net debt of Solera. Termination of the HSR Act waiting period is one of the specified conditions to which closing of the Merger is subject.

The completion of the Merger remains subject to certain other closing conditions, including adoption of the Merger Agreement by the Companys stockholders and the receipt of certain other non-United States regulatory approvals.

About Solera

Solera is a Delaware corporation and is headquartered in Westlake, Texas. The Company is a leading provider of risk and asset management software and services to the automotive and property marketplace, including the global property and casualty insurance industry. Solera is active in over 75 countries across six continents. The Solera companies include: Audatex in the United States, Canada, and in more than 60 additional countries; HPI, CarweB and CAP Automotive in the United Kingdom; Informex in Belgium and Greece; Sidexa in France; ABZ and Market Scan in the Netherlands; Hollander, serving the North American recycling market; AUTOonline, providing salvage disposition in a number of European and Latin American countries; IMS, providing medical review services; Explore, providing data and analytics to United States property and casualty insurers; Identifix, providing solutions for the service, maintenance and repair (SMR) market; AutoPoint and DMEautomotive, providing data-driven tools to enhance SMR experiences and facilitate customer retention and marketing solutions for the retail automotive industry; and I&S, a provider of software and business management tools, third-party claims administration, first notice of loss and network management services to the U.S. auto and property repair industries, specializing in glass claims. For more information, please refer to Soleras website at www.solera.com.

About Vista Equity Partners

Vista Equity Partners, a U.S.-based private equity firm with offices in Austin, Chicago and San Francisco, with more than $14 billion in cumulative capital commitments, currently invests in software, data and technology-based organizations led...


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