CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Solera Makes $443 Million Bid for Australia’s Infomedia

Solera Makes $443 Million Bid for Australia’s Infomedia

June 22, 2022 By CollisionWeek Editor

Infomedia Ltd (ASX:IFM) announced June 20 that it has received an offer from Solera Holdings LLC to acquire 100% of Infomedia for a price of AU$1.70 per share payable in cash that values the company at AU$638.8 million ($443 million).

Founded in 1987, Infomedia supplies solutions to the parts and service sector of the automotive industry including online parts selling systems, service quoting, data insights, e-commerce, as well as data analysis and information research.

According to Infomedia, Solera’s non-binding indicative proposal is subject to a number of conditions including:

  • completion of due diligence;
  • final approvals from Solera’s Board of Directors;
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Acquisitions, Australia, electronic parts ordering, Infomedia, Solera Holdings

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Repair Education Foundation Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Scholarships Service King Collision Repair Centers Texas United Kingdom Workforce Development

Recent Articles

  • Small Business Owners’ Confidence in the National Economy Drops March 29, 2023
  • 1Collision Adds Collision Repair Center to Network in Indiana March 29, 2023
  • Lemonade Car Insurance Launches in Oregon March 29, 2023
  • CCC Receives Award for Artificial Intelligence Excellence March 29, 2023
  • USAA Releases Top 10 States for Vehicle Thefts March 29, 2023
  • Group of 28 Attorneys General Urge Congress to Pass Right to Repair Legislation March 28, 2023
  • Car-O-Liner Celebrates 50th Anniversary March 28, 2023

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2023 - QuanDec Corporation - All Rights Reserved · Log in