QRC, LLC

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.

QRC, LLC - overview

Established

1987

Location

Fredericksburg, VA, US

Primary Industry

Hardware

About

QRC, LLC specializes in advanced Radio Frequency (RF) solutions, providing tailored technology for government, military, and law enforcement sectors, focusing on network characterization and spectrum management. Founded in 1987 and headquartered in Fredericksburg, US, QRC Technologies, LLC is involved in advanced RF technology services. In July 2019, Parsons Corporation acquired QRC from DC Capital Partners to enhance its defense and intelligence technology portfolio. The company has engaged in two significant deals, with the most recent occurring in 2019.


The CEO, Larry Swift, leads the company in its strategic operations. QRC Technologies, LLC, a Parsons Company, provides sophisticated RF solutions mainly for government and military applications. Their core offerings include advanced network characterization tools for passive data collection on cellular, Bluetooth, and Wi-Fi networks, along with Software Defined Radio Platforms (SDRP) that capture a wide spectrum of RF signals. Their spectrum awareness tools monitor and manage RF activity, serving clients in the United States and expanding into European and Asian markets.


QRC Technologies generates revenue through specialized RF product sales and integrated solutions for governmental and military clients. Their business model includes B2B transactions with direct contracts for technology deployment, encompassing one-time equipment sales and ongoing support. Pricing is tailored based on specific project requirements without disclosing standard rates. Post-acquisition by Parsons Corporation in July 2019, QRC aims to leverage its advanced hardware and intellectual property to drive growth in defense technology sectors.


Plans for future product launches and expansions into new markets will focus on enhancing capabilities in intelligence technology. The recent acquisition is anticipated to support these initiatives, targeting increased transactional revenue growth and improved profit margins.


Current Investors

Acuity Technologies Holding Company, LLC

Primary Industry

Hardware

Sub Industries

Electronics, Storage, Analytics & Performance Software, Monitoring & Security Software, Storage Management Software

Website

www.qrctech.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

QRC, LLC - 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)
Trade SaleCompletedQRC, LLC-
Add-onCompletedQRC, LLC-

Displaying 1 - 2 of 2

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.