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Solera sells US assets of Actual Systems

Pinnacle Conference
Back in April we covered Pinnacle's UK conference but where do we go from here?
Last year Actual Systems of America, Inc. along with the UK side of the business was acquired by Solera Holdings, Inc. Recently Solera sold back Actual Systems of America, Inc. back principally to Peter Riddle, the founder and CEO of Actual Systems prior to the acquisition. So where does this leave Pinnacle users in the UK?

In the short term, all remains as is but the longer term picture is not so clear. The UK base has now become Hollander International and retains all the rights to Pinnacle here but this raises a number of questions which we have had no answers from Solera, the holding company. Why they are keeping so quiet is supposition as we have no facts, but one can assume they are in a state of planning after the forced sale of the USA Pinnacle interests and don’t want to reveal their intentions.

What is known is that Pinnacle USA from now on is being developed separately form Pinnacle rest of world (which includes UK). I am supposing again, but with the naming of the UK division Hollander International I would anticipate that the Pinnacle name is set to disappear in the UK and the Pinnacle product be absorbed into their Hollander product.

As I say this is all supposition as the company are not talking about anything but dismantlers who have invested in Pinnacle need to know that their product will be correctly supported. Hollander have never had a foothold in this country so it is hard to see any gain from moving Pinnacle users over to a Hollander system over a period of time.

What Solera has got is Audatex, the bodyshop system that has almost blanket coverage here and rightly or wrongly, it has been assumed that Solera’s interest was to marry green parts stock from Pinnacle users with body shops to open up this underdeveloped side of the business. This would add up when one sees major players such as Hills recently changing to Pinnacle. This is the level of stock (and more) that would be required to offer any sort of volume.

Again this is all speculation, but one thing is for sure, times are a ‘changin’ on the technology front and with no one company having a big foothold in the UK market everything is up for grabs!

September 2013

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