The company has not decided where within the Dallas-Fort Worth area its office will be.
"The relocation of our corporate headquarters to the Dallas-Fort Worth area gives us a broader recruitment pool and better labor arbitrage, cost efficiencies, and improved mobility and access to our markets," Tony Aquila, CEO of Solera, said in a statement. "This will place us closer to main transportation arteries and allows us to share additional business hours with our customers and colleagues around the world."
Only a handful of Solera’s top executives are moving. The corporate headquarters relocation does not impact other U.S.-based operations.
The relocation includes the Solera senior executive team of Aquila, founder, president and chairman of the board in addition to CEO; John Giamatteo, chief operating officer; Renato Giger, chief financial officer; Abilio Gonzalez, senior vice president of Corporate Global Human Resources; Jason Brady, general counsel and corporate secretary; and Kamal Hamid, vice president of Investor Relations.
Solera Holdings, which makes claims software for auto insurers and collision repair shops, is active in more than 50 countries across six continents. Its companies include Audatex in the United States, Canada and more than 45 other countries, Informex in Belgium and Greece, Sidexa in France, ABZ and Market Scan in the Netherlands, HPI in the United Kingdom, Hollander serving the North American recycling market, and others.