AQS Holdings Inc.
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AQS Holdings Inc. - overview
Established
1979
Location
Hartland, WI, US
Primary Industry
Software
About
AQS Holdings Inc. specializes in providing innovative software solutions focused on enhancing operational efficiency for property and casualty insurance companies. AQS Holdings Inc. was founded in 1979 and is headquartered in Hartland, US.
The company is known for its software solutions tailored for the insurance sector. In March 2013, AQS was acquired by LexisNexis Insurance Software Solutions, a portfolio company of Genstar Capital Partners. The details of the financial deal were not disclosed. The current CEOs are Ali Shareef and Jong Lee.
AQS Holdings Inc. delivers cloud-based software solutions that cater specifically to property and casualty (P&C) insurance firms. Their primary offerings include a policy administration system equipped with integrated regulatory updates, facilitating compliance and operational efficiency. AQS supports over 500 clients, including carriers and managing general agents, across North America and select international markets.
Key products like AQS Premium Audit and AQS Analytics optimize critical processes, enabling insurers to launch new products in under 30 days, thereby expediting their market readiness. AQS Holdings Inc. generates revenue through structured subscription agreements with insurance companies and system integrators. Their offerings include software solutions encompassing policy management, billing, claims, and analytics, with pricing typically based on service scale and user count.
They have established partnerships with over 25 system integrators, enhancing their market reach and revenue potential. AQS Holdings Inc. intends to enhance its product offerings with new software solutions designed specifically for emerging trends in the insurance market, although no specific release dates have been mentioned. The company is also targeting expansion into new geographic regions to broaden its client base.
Recent funding from the acquisition in March 2013 will support these initiatives, enabling AQS to leverage its existing technology and expertise to capture additional market share.
Current Investors
Genstar Capital Partners, Insurity LLC
Primary Industry
Software
Sub Industries
Software
Website
www.aqssys.com
Verticals
Real Estate Tech
Company Stage
Add-on
Total Amount Raised
Subscriber access only
AQS Holdings Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | AQS Holdings Inc. | - | ||||||||
| Buyout | Completed | AQS Holdings Inc. | - |
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