Solera Holdings Inc
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Did Leveraged Loan Funds Break a 32-Week Streak of Outflows?
Leveraged loan funds saw inflows in the week ending March 9 after 32 consecutive weeks of outflows. However, the amount of inflows was small at $55.0 million last week.
Parsing the Solera Material Adverse Effect Clause: Part 3
If for some reason a major customer decided to leave Solera because it was pressured to do business with the Koch brothers, it isn’t an MAE.
The Basics of Solera
Solera connects insurers and auto service providers. Its software is used by auto insurance companies, auto dealers, collision repair facilities, assessors, auto recyclers, and various other entities.
Is the Solera Holdings Transaction a Setup?
In the Solera merger, you’re getting about a 9% annualized yield. That’s probably a reasonable return in such a low interest rate environment.
Possibilities of a Topping Bid for Solera Holdings
Press reports indicated that Solera had approached private equity two big private equity firms as potential buyers. But it didn’t confirm or deny this.
Rationales behind the Solera Holdings Transaction
None of the firms in the consortium buying Solera owns a competitor. Private equity firms take over a firm because they want to wring efficiencies from it.
Basics of the Solera Holdings Transaction
The Solera merger is a cash private equity transaction. The buyer is a consortium made up of Vista Equity Partners, Koch Industries, and Goldman Sachs.
Solera Holdings Lands a Private Equity Consortium Deal
The Solera merger is a private equity deal—often a riskier transaction than a strategic deal, wherein firms often have synergies and competitive advantages.
Energy Companies Dominate Junk Bond Issuance in Week to July 17
Junk bond issuers returned to the primary market in the week ended July 17 as the situation in Greece stabilized, but remained cautious due to market volatility.