- Solera (NYSE:SLH) "has attracted interest from private equity firms" and has made the effort to approach the likes of Thoma Bravo and Pamplona Capital, Bloomberg reports. It adds the sale efforts are at an early stage.
- The auto insurance software vendor posts FQ4 results on Aug. 25. Last month, Solera closed its $595M acquisition of SaaS auto repair shop software firm Identifix, and guided for 11%-13% FY16 (ends June '16) revenue growth, 6%-8% organic growth, and EPS of $2.84-$3.08.