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Banking Report: Westlake firm exploring sale

Report: Westlake firm exploring sale

Other News

Exxon’s oil slick

Exxon Mobil is slashing its capital spending budget for 2020 by 30% due to weak demand caused by the COVID-19 pandemic and a market...

Folk music’s Mark Twain: 7 Essential tracks from John Prine,

NEW YORK (AP) — Some people, the songs just come out of them. For nearly half a century, they tumbled out of John Prine...

Tarrant County records another COVID-19 death

Tarrant County Public Health (TCPH) on Wednesday, April 8 reported that a resident of Euless has died as the result of the COVID-19 virus....

Tradition stymied: A year unlike any since WWII for Augusta

The Masters is so intertwined with Augusta, they added an extra day to spring break.You see, the first full week of April isn't just...

Westlake-based Solera Holdings Inc., is exploring a sale of the company that has attracted several private equity firms, according to a report by Bloomberg.

Solera sells risk-management software to automobile insurers, is working with a financial adviser to determine buyer interest, according to the report. Buyout firms that have been approached include Pampllona Capital Management and Thoma Bravo LLC, according to the report.

Solera announced in July it will invest $5 million in the creation of China’s first Solera Technology Center research facility.

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