Solera Holdings Inc. acquires K&S Beheer B.V.
Nov. 2, 2011—Software and services provider Solera Holdings Inc. has purchased K&S Beheer B.V., a Netherlands-based collision repair shop management system provider.
The combination of Solera’s distribution capabilities and K&S Beheer’s products will enable Solera to offer collision repair shops in the Netherlands an integrated management solution that controls most operational elements of the collision repair process.
"We are delighted to have K&S Beheer, a premier collision repair shop management software company in the Netherlands, join the Solera family," said Tony Aquila, Solera's founder, chairman and CEO. "K&S Beheer's leadership team and Commerce Delta products fit nicely with our M-M-C (Management-Margin-Core) acquisition criteria. This acquisition marks the fourth M&A investment we have made to further execute our mission to create a high value, integrated platform for our collision repair shop partners to communicate and transact business more seamlessly."