Qology Direct, LLC
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Qology Direct, LLC - overview
Established
1996
Location
Margate, FL, US
Primary Industry
Marketing/Advertising
About
Qology Direct, LLC provides tailored software solutions that enhance operational efficiency, productivity, and customer engagement for various sectors. Their offerings are designed to resolve operational challenges faced by businesses. Established in 1996, Qology Direct, LLC operates from Margate, US, specializing in software solutions for businesses. The company was founded by Glenn Goad, who has a history of entrepreneurial ventures.
In January 2017, Qology Direct was acquired by Centerfield Media Holdings, a portfolio company of H. I. G. Capital, with the deal finalized in February 2017.
The company specializes in a range of products designed to meet the needs of businesses across various sectors. Their core offerings include innovative software solutions that streamline operations, enhance productivity, and improve customer engagement. These products address workflow inefficiencies and data management challenges, primarily serving small to medium-sized enterprises (SMEs) and large corporations. Qology Direct has successfully launched its products in multiple markets including North America, Europe, and parts of Asia, establishing a diverse client base across various industries.
The company's revenue model is primarily structured around a subscription-based framework, allowing clients to access their software on a monthly or annual basis. This approach ensures predictable revenue streams while offering clients continuous updates and support. Additionally, Qology Direct collaborates with resellers and distributors to broaden market access. Pricing plans are tailored based on deployment scale and service types, aiming to provide optimal client value.
The flagship products contribute significantly to the firm's revenue, reflecting commitment to meeting evolving market demands. Following the acquisition in February 2017, Qology Direct plans to leverage its resources for future growth by expanding its product offerings. The company is working on new software solutions set to launch by the end of 2023, addressing advanced data analytics and artificial intelligence capabilities. Additionally, Qology Direct targets expansion into the Asia-Pacific and Latin American markets by 2025, capitalizing on emerging business opportunities.
The recent acquisition funds are expected to support these initiatives, enhancing product development and market penetration strategies.
Current Investors
Centerfield Media Holdings, LLC
Primary Industry
Marketing/Advertising
Sub Industries
eMarketing/Digital Marketing, Search Engines
Website
www.qologydirect.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Qology Direct, LLC - 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 | Qology Direct, LLC | - | ||||||||
| Private Debt | Completed | Qology Direct, LLC | - |
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Qology Direct, LLC - employee data
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