Vista-Backed Solera Said to Seek Up to $13 Billion Value in IPO

Vista Equity Partners-backed automotive data and software services provider Solera is set to seek a valuation of about $10 billion to $13 billion in its planned initial public offering, according to people familiar with the matter.

The company, which analyzes vehicle life-cycle data for clients including insurers and dealers, may file publicly for its US IPO as soon as this week, the people said. It could start marketing the deal to prospective investors as soon as mid-July, the people said, asking not to be identified as the information isn’t public.

Westlake, Texas-based Solera may seek as much as $1.5 ...