Next Gear Solutions, Inc.
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Next Gear Solutions, Inc. - overview
Established
2009
Location
Oxford, MS, US
Primary Industry
Software
About
Founded in 2009 by Garret Gray (CEO), and based in Oxford, US, Next Gear Solutions, Inc. designs, develops, and markets job management and workflow software to manage repair networks, franchisors, contractors, and insurance carriers. In September 2021, CoreLogic, Inc. , a portfolio company of Insight Partners and Stone Point Capital, along with the company's management acquired Next Gear Solutions, Inc.
from Serent Capital. As of February 2023, the firm operates from over 22 states in North America and serves over 8700 clients including contractors and carriers. The firm offers a suite of cloud-based products, such as DASH, QA Assist, MICA, Luxor CRM, ProAssist, BI Reporting, SettleAssist, and FieldAssist that offer services such as sales management, job management and communications, inspection and scoping, estimate reviews, and various other analytics and reporting services.
Current Investors
Insight Partners, Stone Point Capital, CoreLogic, Inc.
Primary Industry
Software
Sub Industries
Consulting Services, Systems Management Software, Analytics & Performance Software
Website
www.nextgearsolutions.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Next Gear Solutions, 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 | Next Gear Solutions, Inc. | - | ||||||||
| Add-on | Completed | Accurence, Inc. | - | ||||||||
| Add-on | Completed | Moisture Mapper International, Inc. | - | ||||||||
| Add-on | Completed | MICA Software, LLC | - | ||||||||
| Add-on | Completed | Luxor CRM | - |
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Next Gear Solutions, Inc. - employee data
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