Solera and GTCR to Acquire Claims Services Group from Automatic Data Processing, Inc.

Solera, Inc., a provider of consulting, outsourced services, andstrategic technology solutions focused on the claims process,announced today a definitive agreement to acquire Automatic DataProcessing, Inc.'s (NYSE:ADP) Claims Services Group (CSG), for $975million in cash. CSG is the largest global provider of automotiveclaims solutions. Solera was formed by industry veteran Tony Aquila,in partnership with GTCR Golder Rauner, one of the nation's leadingprivate equity firms with over $6 billion of committed capital.

With revenue in excess of $410 million, an unparalleled expandingglobal network of approximately 50,000 customers, and approximately2,000 world-class associates across 26 countries, CSG is the clearglobal leader in providing integrated end-to-end claims processingsolutions. The company's products cover all touch points from the timeof an automobile accident to the resolution of associated claims. Itstechnology, products and services help insurance carriers, collisionrepair shops, and automotive recyclers automate their core businessprocesses, streamline their workflows with industry partners, andmanage and optimize their performance.

"We view this deal as the critical first step in achieving ourlong term objective of enabling our customers to increase theiroperational visibility and profitability through the use of betterdata analytics throughout the claims process," commented Tony Aquila,chief executive officer of Solera. "CSG's world class associates haveconsistently delivered industry leading products, supported by theindustry's best customer service. Its solid pipeline of nextgeneration solutions and services will further increase the valuedelivered to customers across the claims process."

"GTCR's investment in Solera is an excellent example of ourstrategy of partnering with an industry-leading executive and thenpursuing platform acquisitions as a strategic buyer," commented GTCRPrincipal Philip Canfield. "We are committed to ensuring that thebusiness continues to grow by continuing to invest in new productdevelopment and by bringing innovative and unique solutions to ourcustomers."

"The ADP Claims Services Group represents the premium franchise inthe industry with the largest global reach. It serves as the idealplatform for an integrated set of technology solutions and outsourcedservices, all designed to drive greater value and improvedefficiencies for all participants in the claims process," added GTCRPrincipal Craig Bondy.

The transaction, which represents the largest acquisition in theautomotive claims solutions industry to date, is subject to regulatoryreview and is expected to close within ninety days.

About Solera, Inc.

Based in San Diego, California, Solera is a consulting, outsourcedservices, and technology solutions company focused on the autophysical damage insurance claims processing industry. For moreinformation visit www.solerainc.com.

About GTCR Golder Rauner LLC

Founded in 1980, GTCR Golder Rauner LLC is a leading privateequity investment firm and long-term strategic partner for outstandingmanagement teams. The Chicago-based firm pioneered the investmentstrategy of identifying and partnering with exceptional executives toacquire and build companies through a combination of acquisitions andstrong internal growth. GTCR currently manages more than $6 billion ofequity capital invested in a wide range of companies and industries.More information can be found at www.gtcr.com.