Announced
Completed
Financials
Tags
Friendly
United States
Majority
Software
management platform
Private
Acquisition
SaaS provider
Domestic
Single Bidder
Completed
Synopsis
Solera, a provider of risk management and asset protection software and services, completed the acquisition of Omnitracs, a complete fleet management platform, and DealerSocket, a SaaS provider to the automotive industry. Financial terms were not disclosed. "The combination of DealerSocket with Solera allows us to offer dealerships a fully unified platform to simplify workflows and enables us to become the digital backbone across all areas of a connected dealership, simplifying and improving the retail experience. We are thrilled to join the Solera team," Sejal Pietrzak, DealerSocket CEO.
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