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SOLERA Holdings acquires Autodata #

Posted by Peter Warman on January 4, 2017, 4:02 pm
Peter Warman

Solera Holdings Inc now own Autodata, they also own CarWeb (e3technical) will there be any conflict of interests as they now own both the largest suppliers or workshop technical data in the UK. Hope we don't see a hike in the price we pay for data

http://www.prnewswire.com/news-releases/solera-holdings-inc-to-acquire-autodata-300385247.html

Peter

Re: SOLERA Holdings acquires Autodata #

Posted by damian daize on January 4, 2017, 4:05 pm, in reply to "SOLERA Holdings acquires Autodata #"
Damian Daize

Very Interesting!!!
Watch this space

Regards All

Re: SOLERA Holdings acquires Autodata #

Posted by Peter Warman on January 4, 2017, 4:23 pm, in reply to "SOLERA Holdings acquires Autodata #"
Peter Warman

This comment was email to UKAT

"Solera have, over the Christmas period, purchased Autodata from private equity ownership. This means that Solera will now own Autodata and E3 within the UK market place. Both Autodata and E3 provide vehicle repair data predominantly to non-franchised aftermarket workshops. E3 is a product supplied to the market by CarweB Ltd, who are now owned by Solera. E3 uses data supplied by Haynespro and competes head to head with Autodata. Since CarweB launched E3 it is estimated to have taken approximately 20%-25% of the UK market place. The combination of Autodata and E3 mean that Solera may well have virtually 100% of the UK market place and could have created a monopoly. Haynespro do supply direct into the UK but have little presence at the moment as they have partnered CarweB until now. It will take time for Haynespro to UK’ise their data and during that time E3 could well migrate to Autodata as its core data supply.
Should the CMA be asked to look at this monopoly?
Should Solera sell off E3 to maintain a competitive UK marketplace?
Bowmark paid £150m to purchase Autodata and it is believed that Solera have paid a significant markup over that price, which would be an extremely high multiple on valuation. Prices can surely only go up to get a return on the investment?"

Re: SOLERA Holdings acquires Autodata #

Posted by Domnic Clyde on January 6, 2017, 11:04 pm, in reply to "Re: SOLERA Holdings acquires Autodata #"
Domnic Clyde

Hi Peter,

Will this have any impact on UKAT Workshop data?

Regards

Re: SOLERA Holdings acquires Autodata #

Posted by Peter Warman on January 7, 2017, 1:10 pm, in reply to "Re: SOLERA Holdings acquires Autodata #"

Hi Domnic

UKAT Workshop Data is business as usual for the foreseeable future

SOLERA now own Autodata and CarWeb (e3technical) which gives them control over around 95% of the Workshop Data systems we use in the UK

Owning CarWeb gives them control on how Haynes Pro Data (via e3technical) is distributed in the UK. It would not make good business sense for them to migrate e3technical to Autodata as this would probably force Haynes Pro to launch a stand alone product in the UK and possibly start taking big chunks out of their market share

If Haynes Pro launched a stand alone product in the UK they would still need the help of CarWeb as they are the supplier of VRM lookups for virtually all UK based VRM systems

The only thing that may need looking at is if prices start to go up, e3technical must still be allowed to set their own (no price fixing between companies)

Had a letter yesterday from my trade association saying they can do Autodata for me at £1035.00

lets see if it's still that this time next year

Peter

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