Solera Holdings, Inc. has acquired CAP Automotive from Montagu Private Equity for a total consideration of £288m.
Solera, a NYSE-listed company (Ticker SLH), 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.
CAP, formerly owned by EMAP (now Top Right Group) is a leading provider of real-time, high accuracy valuations and specifications for new and used vehicles in the UK. CAP’s solutions provide pricing transparency for vehicle transactions and enable buyers and sellers of vehicles to make accurate pricing decisions.