QRC, LLC
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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 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | QRC, LLC | - | ||||||||
| Add-on | Completed | QRC, LLC | - |
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