Vista-Backed Auto Data Firm Solera Files Publicly for US IPO

Vista Equity Partners-backed automotive data and software services provider Solera Corp. has filed publicly for a US initial public offering, as the market for first-time share sales shows little sign of slowing into the summer.

The filing with the US Securities and Exchange Commission, confirming an earlier Bloomberg News report, didn’t include the price range and number of shares, which are expected to be disclosed in a future filing. Solera may seek to raise as much as $1.5 billion at a valuation of about $10 billion to $13 billion, people familiar with the matter have said.

The company, ...