Solera Holdings

active

Software — Vista Equity Partners

Deal Terms

Entry Year2016

Entry EV$6.5B

Entry Multiple13x

Leverage6.5x

Debt Amount$4.2B

Risk Metrics

LTV (est.)65%

Debt / EV0.65x

Notes

$6.5B take-private by Vista (2016). Auto claims/risk management software. $4.2B debt. Classic Vista playbook: cut costs, raise prices, extract value. Attempted IPO repeatedly. Merged with additional Vista portfolio companies. Auto insurance tech is a sticky market but debt load limits flexibility for AI transition.

Sponsor

Partners Group$185B AUM