Solera Holdings, Inc. (NYSE: SLH) said it has completed the purchase of equity interests in a parent company of Service Repair Solutions, Inc. from an affiliate of Welsh, Carson, Anderson & Stowe.
SRS is a provider of service, maintenance and repair with proprietary databases and workflow solutions that help mechanical repair shops and auto dealers to increase their efficiency, profitability and customer loyalty.
Solera is a global provider of software and services to the automobile insurance claims processing and decision support industries. For more information, the company´s website at http://www.solerainc.com.
Welsh, Carson, Anderson & Stowe focuses its investment activity in two target industries, information/business services and healthcare. See www.welshcarson.com to learn more.