Qualified Systems Contracting Inc.

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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 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)
Add-onCompletedQualified Systems Contracting Inc.-

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