Qualified Systems Contracting 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.
Qualified Systems Contracting Inc. - overview
Location
Tampa, FL, US
Primary Industry
Defence
About
Qualified Systems Contracting Inc. specializes in technology solutions that enhance operational efficiencies for businesses across various sectors, focusing on advanced software applications for data management and process automation. Founded in Tampa, US, Qualified Systems Contracting Inc. offers technology solutions aimed at optimizing business operations.
The company was acquired by Convergint Technologies LLC, a portfolio company of KRG Capital, in October 2013, marking a pivotal moment in its operational strategy. Qualified Systems offers a range of technology solutions designed to optimize operational efficiencies for businesses in various sectors. Their core product suite comprises advanced software applications that facilitate data management, process automation, and customer relationship management. These solutions are tailored to address specific industry challenges, enhancing productivity and streamlining workflows.
The end users primarily include small to mid-sized enterprises, particularly in sectors such as healthcare, finance, and manufacturing, which require robust systems to handle complex data processes. Qualified Systems has positioned itself in key geographical markets across North America and Europe, providing essential tools that empower organizations to improve decision-making and strategic planning. Qualified Systems generates revenue through a subscription-based model that allows clients to access their software solutions on a recurring basis. The firm establishes partnerships with businesses to deliver customized service packages, facilitating B2B transactions that ensure ongoing support and updates.
Clients typically engage in multi-year contracts which include various pricing tiers based on the scale of deployment and the specific features utilized. While flagship products serve as the centerpiece of their offerings, the company's pricing structure is designed to accommodate diverse client needs, promoting scalable adoption across different sizes of enterprises. This revenue model not only secures steady cash flow but also fosters long-term relationships with clients who rely on Qualified Systems for their operational technology needs. Qualified Systems is currently focused on developing new software solutions that aim to enhance data analytics capabilities, with plans to launch these products by the end of 2024.
The company is also exploring expansion into the Asia-Pacific market, seeking to establish a presence in Australia and New Zealand by 2025. The funding received from Convergint Technologies will be utilized to support these initiatives, particularly in enhancing product development and market entry strategies.
Current Investors
Convergint Technologies LLC
Primary Industry
Defence
Sub Industries
Security Services, Defence, Computer & Related Peripherals
Website
www.qualifiedsystems.net
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Qualified Systems Contracting 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 | Completed | Qualified Systems Contracting Inc. | - |
Displaying 1 - 1 of 1

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.