Global automotive eLearning leader joins Solera’s worldwide cognitive data and software services ecosystem.
MAIDENHEAD, UK and SYDNEY, Australia / 3rd June, 2019 – Autodata Publishing Group Limited (“Autodata”), a Solera Holdings, Inc. (“Solera”) group company and a global leader in automotive technical information, today confirmed the acquisition of AutoMate Training Pty. Ltd. (“AutoMate”), the automotive industry’s foremost provider of online technical training and professional development platforms.
Founded and based in Sydney, Australia, AutoMate has rapidly expanded from a fledgling start-up to become a globally competitive player, offering automotive eLearning to thousands of automotive professionals and workshops in more than 60 countries. AutoMate’s unique, online training programs combine cutting-edge 3D visualisation with comprehensive real-vehicle analysis – all developed by a highly-experienced team of automotive experts and specialists.
AutoMate and Autodata are both trusted and valued information service providers to more than eighty five thousand independent and enterprise automotive repair shops across the world, as well as corporate clients in the automotive service, maintenance and repair (“SMR”) industry. Autodata itself is recognised as the go-to automotive data solution for workshops with many countries seeing eight in ten workshops choosing Autodata to meet their SMR and automotive diagnostics needs.
Jonathan Sampson, Managing Director and founder of AutoMate said: “Joining the Solera family is a logical and exciting next step on our strategic journey as a company. This union will see AutoMate’s renowned training programs made available in new global markets and will ensure increased business growth through further product development. AutoMate’s eLearning expertise, combined with Autodata’s highly advanced diagnostic and repair data, promises to deliver new and existing customers a compelling suite of products for the automotive mechanic.”
Rod Williams, Managing Director of Autodata said: “AutoMate’s innovative solutions and strong management team provide immediate value with Solera. Together we provide immense value to Solera’s 400,000+ SMR users with AutoMate, enabling us to further capitalise on the opportunity to service both our existing users and beyond with AutoMate’s solutions.”
Solera was founded with the mission to digitalise and empower mobility transactions across the critical 54 and 250 lifecycle touchpoints of a vehicle, delivering true transparency and knowledge to all stakeholders. Today, Solera’s leading digital technologies manage and protect life’s most important assets: our cars, trucks, homes and digital identities. The company processes more than 300 million digital transactions annually for approximately 235,000 partners and customers in over 90 countries. For more information, please visit www.solera.com.
Established in 1972, Autodata is a trusted world leader in providing technical information to the automotive aftermarket. Autodata develops products for use in automotive workshops for the repair and servicing of cars and motorbikes, as well as corporate solutions for companies requiring bespoke platforms or integration with Autodata’s technical information.
Through long-standing relationships, all data is licensed directly from 142 manufacturers, covering 34,000 models worldwide. The new Autodata web application features 90,000 diagrams and illustrations, covering over 600,000 step by step procedures. Autodata is part of the Solera group. For more information about Autodata and its latest developments, please visit staging.mw.autodata-group.com
Founded in 2014, AutoMate has made a name for itself as the industry’s leading provider of online technical training platforms for the automotive sector. AutoMate’s suite of digital training products are designed to support technicians throughout their entire automotive career, giving them easy, on-demand access to high-tech video training, covering fundamental and emerging automotive systems. AutoMate develops these knowledge solutions for trainee and professional technicians in over 60 countries, as well as corporate solutions for companies requiring bespoke training solutions. For more information, please visit www.automatetraining.com
Cautions About Forward-Looking Statements
This press release contains forward-looking statements, including statements about: the benefits of the acquisition of AutoMate (the “Acquisition”), including but not limited to the benefits and value of products and services to Solera’s, Autodata’s and AutoMate’s customers, either alone or in conjunction with the products and services of other Solera group companies. These statements are based on Solera’s current expectations, estimates and assumptions and are subject to many risks, uncertainties and unknown future events that could cause actual results to differ materially. Actual results may differ materially from those set forth in this press release due to the risks and uncertainties inherent in transactions of this nature, and Solera’s, Autodata’s and AutoMate’s respective businesses, including, without limitation: the failure to realize the expected benefits of the Acquisition; risks associated with and possible negative consequences of acquisitions, investments, joint ventures and similar transactions; successfully integrating AutoMate’s solutions with or into Autodata’s or other Solera group offerings, including but not limited to, continued adoption of AutoMate’s Autodata’s and the Solera group’s products and services; effects of competition on product and service pricing and AutoMate’s, Autodata’s and the Solera group’s business; Solera’s ability to obtain additional financing as necessary to support its business or operations; rapid technology changes in Solera’s industry; and effects of security breaches on Solera’s business and reputation. Solera is under no obligation to (and specifically disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise.