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Service King tabbed fastest growing business
- October 12, 2015
- Posted by: Simon Wait
- Category: Industry News
Service King Collision Repair Centers was officially tabbed by the Dallas Business Journal as the third-fastest growing middle-market business in the Dallas-Fort Worth area. The Middle Market 50 listing highlights the top-50 fastest growing middle market public and private companies in the North Texas area based on a weighted growth index from 2012-14. With headquarters [...] -
New appointment at Axalta
- October 2, 2015
- Posted by: Simon Wait
- Category: Industry News
Axalta Coating Systems has announced that Steve Markevich has been promoted to the position of executive vice president. In this new role, Mr. Markevich will continue as president of the company’s transportation coatings business and now also be responsible for all of Axalta’s operations in greater China. China presents many opportunities for the sustained growth of [...] -
Continuous growth for European car market
- September 17, 2015
- Posted by: Simon Wait
- Category: Industry News
The European new-car market recorded growth of 11.5%, the third time this year double-digit growth has been achieved. Germany increased sales by over 13,000 units compared to August 2014, while Spain achieved over 11,000 more units registered. Cyprus, the Czech Republic, Ireland and Slovakia also recorded year-on-year growth for the month of more than 30%. [...] -
Vista Equity to buy Solera for $3.74 billion
- September 14, 2015
- Posted by: Simon Wait
- Category: Industry News
Solera Holdings Inc, which provides claims processing software to insurance companies, said it agreed to be acquired by an affiliate of private-equity firm Vista Equity Partners for $3.74 billion in cash. Vista expects the transaction to enhance its position as an acquirer of data companies and enterprise application software. The deal is the largest in Vista’s [...] -
Solera engage in buyout talks
- September 11, 2015
- Posted by: Simon Wait
- Category: Industry News
Insurance claims processing software maker Solera Holdings is in advanced talks with private equity firms Thoma Bravo and Vista Equity Partners to sell itself, according to reports from Reuters. Solera is nearing a deal to sell itself for about $53 per share, which would value the company at about $3.6 billion and a strategic company might have [...]