Solero Technologies (Atar Capital) Acquires Kendrion's Automotive Business

Atar Capital Acquires BorgWarner's North American Controls Business (Renamed Solero Technologies)

January 6, 2022

Automotive

Atar Capital completed the carve-out acquisition of BorgWarner's North American Controls (BWNAC) business, a Detroit-headquartered maker of transmission and engine solenoids, hydraulic control modules and related products. The business has been renamed Solero Technologies and will operate as a standalone company focused on growth, diversification and serving OEM and industrial end markets.

CAREL Acquires Kiona from Summa Equity

July 24, 2023

Cloud & SaaS

Italian HVAC-R components and solutions provider CAREL has acquired Kiona, a European PropTech SaaS platform focused on building energy efficiency, from Summa Equity and other Kiona shareholders. Kiona—used across 58,000+ buildings and employing ~145 people—will be integrated with CAREL's hardware and software offerings to expand CAREL's energy-efficiency and building-management capabilities and accelerate global growth.

Solera Acquires Spireon from Greenbriar Equity

February 1, 2022

Cloud & SaaS

Solera Holdings, LLC has signed a definitive agreement to acquire Spireon, a leading North American telematics and connected-vehicle intelligence provider, from Greenbriar Equity Fund IV. The deal expands Solera's fleet and vehicle solutions by adding Spireon's IoT NSpire platform, roughly 4 million connected devices and a large customer base to enable cross-selling and capability expansion across the vehicle lifecycle.

Solera Acquires Omnitracs and DealerSocket

May 17, 2021

Automotive

Solera Holdings announced it will acquire Omnitracs, a fleet management platform, and DealerSocket, a SaaS provider to the automotive retail sector, expanding Solera’s vehicle lifecycle management capabilities. The transactions (financial terms not disclosed) are intended to create a unified, end-to-end technology and data platform across fleet, dealership and lifecycle services.

Peraton to Acquire Solers, Inc.

June 17, 2019

Aerospace & Defense

Peraton, a Veritas Capital portfolio company, has entered into a definitive agreement to acquire Solers, Inc., a provider of software development and systems integration for space situational awareness, satellite ground systems, cybersecurity engineering, and cloud solutions. The acquisition expands Peraton's space and communications capabilities and strengthens its mission-critical offerings to defense, intelligence and civilian federal customers.

Keyloop Acquires Automotive Transformation Group (ATG)

April 10, 2024

Automotive

Keyloop has entered into a definitive agreement to acquire Automotive Transformation Group (ATG), an omnichannel automotive retailing software provider headquartered in Kent, United Kingdom. The acquisition (an add-on to Keyloop's PE-backed platform) will combine ATG's Fusion omnichannel platform and data capabilities with Keyloop's global automotive technology portfolio to accelerate integrated omnichannel retailing for dealers, OEMs, financiers and fleet suppliers.