Deals
Vista in Talks to Add DealerSocket, Omnitracs to Solera SPAC Deal
- Deal with Apollo SPAC could be valued at $15 billion: people
- Talks are advanced, deal could be announced within weeks
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Vista Equity Partners is in talks to add two portfolio companies to its deal for Solera Holdings Inc. to go public through a merger with blank-check firm Apollo Strategic Growth Capital, according to people familiar with the matter.
The portfolio companies that Vista would combine with Solera are DealerSocket Inc. and Omnitracs, the people said, asking not to be identified because the matter is private. The expanded deal would be valued at about $15 billion, the people said.