Solera, Inc. and GTCR Golder Rauner, a private equity firm, announced that they have completed the acquisition of the Claims Services Group (CSG) from Automatic Data Processing, Inc. for $975 million in cash. In the deal, Solera acquired operating companies that employ over 2,000 associates in 31 countries, generate over $410 million in annual revenue, and have a global network of over 50,000 customers.
“Solera is the only global provider of claims solutions,” said Tony Aquila, Founder and CEO. “Our market leadership position, coupled with our associates’ unequaled industry expertise, enables Solera to now deliver a unique offering of technology,
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