Solera Files for IPO

Solera Holdings, LLC, a claims software company catering to the automotive insurance industry, recently filed for an initial public offering with the Federal Securities and Exchange Commission to become a publicly traded company.

President and chief executive officer Tony Aquila, formerly served as president and CEO or Mitchell International, Inc., parent company to the National Autoglass Specifications (NAGS).

Two other Mitchell alums, John Schwinn and Michael Conley are now serving as senior vice president and vice president, respectively.

Garen Staglin, known in the auto industry as chairperson and CEO of Safelite Glass Corporation, is a member of the board of directors, and has served on the board of managers since 2005.

CLICK HERE to read financial analysis of the ramifications of this filing.

CLICK HERE to read the SEC filing.

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