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New Deal


Announced

Solera completed the acquisition of eDriving.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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digital driver risk management

United States

Friendly

Pending

Acquisition

Private

Domestic

Digital Services

Single Bidder

Majority

Synopsis

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Solera, an American company based in Texas which provides risk management and asset protection software, completed the acquisition of eDriving, the digital driver risk management partner for many of the world's largest commercial fleets. Financial terms were not disclosed. "Solera is committed to advancing digital fleet management through cutting-edge technology and real time data that improves business outcomes. eDriving's suite of driver safety and risk reduction solutions will further enhance our existing products as well as uniquely bridge the gap between vehicle and driver performance on a global scale," Darko Dejanovic, Solera CEO.

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