GCR, Inc.
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GCR, Inc. - overview
Established
1979
Location
New Orleans, LA, US
Primary Industry
Software
About
GCR, Inc. is a technology firm that provides specialized software and services focused on improving the operational efficiency of public sector organizations in the United States. Founded in 1979, GCR, Inc. operates from its headquarters in New Orleans, US, delivering technology solutions primarily for government sectors.
The company was acquired by Hammond, Kennedy, Whitney & Co. in December 2017 from Clearview Capital. GCR, Inc. specializes in a comprehensive suite of software and services designed to enhance operational effectiveness for public sector organizations.
Key offerings include tools for election administration, ethics administration, grants management, community planning, and right-of-way management, all aimed at fostering transparency and efficiency in governmental operations. Their clientele primarily consists of state and local government entities across the United States, including major metropolitan areas, with products tailored to modernizing public sector systems. GCR, Inc. generates revenue through a model that encompasses subscriptions and service contracts with public sector clients, primarily working directly with government agencies.
Each partnership allows clients to select from GCR's diverse product offerings, which include platforms for election management and grants administration. The pricing typically involves annual subscriptions that ensure ongoing access to the software along with necessary support services, reflecting a focus on long-term relationships rather than one-time sales. Looking ahead, GCR, Inc. intends to expand its product line with new software solutions aimed at further enhancing public sector operations.
The company plans to target new markets, particularly focusing on regions seeking to modernize their public services by 2025. The recent acquisition by Hammond, Kennedy, Whitney & Co. will likely support these initiatives by providing the necessary resources to invest in product development and market expansion.
Current Investors
Hammond, Kennedy, Whitney & Co.
Primary Industry
Software
Sub Industries
Government, Consulting Services, Systems Management Software, Analytics & Performance Software, Accounting/Finance Software
Website
www.gcrincorporated.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
GCR, 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 | Completed | STR’s eGrantsPlus | - | ||||||||
| Add-on | Completed | MB3 Inc. | - | ||||||||
| Secondary Buyout | Completed | GCR, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | PCC Inc. | - | ||||||||
| Add-on | Completed | Quest Information Systems, Inc. | - |
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