Solera and RedCap united

Solera Holdings, Inc. (Solera), a global leader in intelligent data, software and solutions to manage and secure the automotive, home and identity ecosystems, today announced it has added to its technology portfolio with the acquisition of RedCap Technologies, LLC (RedCap), a mobility and logistics platform that enables seamless vehicle and customer movements in and around dealerships.

From test drives delivered to the customer’s door, to pick-up and delivery of service vehicles, and on-demand ride sharing, RedCap is fundamentally changing the way dealerships manage customer logistics. The platform extends digitized customer experiences to automotive buying and servicing, while providing dealers with easy-to-integrate technology to scale out-of-store logistics, as well as increase service revenue and customer satisfaction scores while reducing loaner car cycle times.

‘Customers want choice and frequently value time over money. That means they will choose the option with the least amount of friction, provided the pricing is transparent,’ said David Zwick, RedCap’s co-founder and CEO. ‘Becoming part of the Solera family allows the RedCap team to leverage the global scale of Solera and quicken the adoption of seamless and frictionless experiences in the automotive sector and beyond.’