GCR, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSTR’s eGrantsPlus-
Add-onCompletedMB3 Inc.-
Secondary BuyoutCompletedGCR, Inc.-
Add-on, Trade SaleCompletedPCC Inc.-
Add-onCompletedQuest Information Systems, Inc.-

Displaying 1 - 5 of 6

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.