Solera Holdings, Inc., has completed the acquisition of Inpart Servicos Ltda. (Inpart), a leading electronic exchange for the purchase and sale of vehicle replacement parts in Brazil.

Inpart has developed an extensive network of parts suppliers as well as a customer list that includes some of Brazil’s leading insurance companies and collision repair facilities.

"We are very excited about the accomplishments already achieved by the Inpart team in the Brazilian market,” said Tony Aquilla, Solera CEO and chairman. “In addition, we’ll be exploring the opportunity to expand the Inpart offering to other Latin American markets that we already service.”

“This acquisition is a key milestone for Inpart and will help extend our success in helping insurance companies and collision repair shops work better together by bringing purchasing efficiency to parts procurement in the collision repair process,” said Edgard Lobo Baptista Pereira, one of the co-founders of Inpart. “With the scale, domain expertise and relationships Solera brings to the table, we believe we can take Inpart to the next level.”