WESTLAKE, Texas, Feb. 3, 2015 /PRNewswire/ — Solera Holdings, Inc. (“Solera”, “our”, “us”) (NYSE: SLH), a leading provider of risk and asset management software and services to the automotive and property marketplace, including the global P&C insurance industry, today announced that it has acquired 100% of the equity interests (the “Acquisition”) of Service Dynamics, Inc. (“Service Dynamics”). Service Dynamics’s appointment scheduling, workflow and customer communication technology extends the reach of Solera’s value-added software for the dealership service department. By streamlining communication and improving customer interaction, Service Dynamics enhances the vehicle owners’ service, maintenance and repair (“SMR”) experience. Combining Service Dynamics technology with AutoPoint’s inspection and service recommendation applications provides the dealership with a growing, integrated set of tools for increasing operational effectiveness and driving higher customer satisfaction. “The acquisition of Service Dynamics is the latest in a series of SMR investments that add efficiency, transparency and convenience to vehicle repair,” said Tony Aquila, Solera’s founder, Chairman and Chief Executive Officer. “Adding Service Dynamics to our growing digital garage will enable dealerships to deliver an enhanced service experience that engages the owner in the management of their vehicle assets.”
Solera is a leading provider of risk and asset management software and services to the automotive and property marketplace, including the global P&C insurance industry. Solera is active in over 70 countries across six continents. The Solera companies include: Audatex in the United States, Canada, and in more than 45 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; Service Repair Solutions, a joint venture with Welsh, Carson, Anderson & Stowe, that provides solutions for the service, maintenance and repair market; 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 the company’s website at http://www.solerainc.com.