Quasar Business Solutions 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.

Quasar Business Solutions Inc. - overview

Established

1998

Location

North Vancouver, BC, Canada

Primary Industry

Business Support Services

About

Quasar Business Solutions Inc. is a Canadian company specializing in advanced business intelligence and analytics solutions that empower organizations to harness their data effectively. Founded in 1998 and headquartered in North Vancouver, Canada, Quasar Business Solutions Inc. focuses on delivering data-driven insights and strategies to clients across various sectors.


The company was established by Mkhavele Humphrey, who has a background in technology and consultancy. Quasar has engaged in one notable deal, which took place in January 2019, when Blue Delta Capital Partners acquired a 30% minority stake in the firm, providing it with essential resources for expansion and development. Quasar Business Solutions Inc. specializes in a range of advanced business intelligence, analytics, and machine learning solutions that empower organizations to extract greater value from their data.


The company’s core offerings include data analytics, visual intelligence, predictive analytics, and customized workshops designed to enhance clients' capabilities in self-service business intelligence. Quasar serves a diverse clientele across various industries, including finance, healthcare, technology, and government, with notable clients such as Coca-Cola, Bank of America, and the US Department of Energy. Their products and services cater primarily to customers in North America, while also extending their reach globally, promoting a strong focus on market intelligence and data-driven decision-making. Quasar Business Solutions Inc.


generates revenue through multiple transaction structures, including B2B services and direct partnerships with clients. The company engages in contractual agreements for consulting services, project-based work, and subscription models for ongoing data management and analytics support. Clients can access custom training workshops and advanced analytics solutions through tailored packages designed to facilitate their understanding and utilization of data analytics technologies. Quasar’s pricing plans are structured to align with the specific needs of their clients, allowing for flexibility in service delivery and reinforcing long-term client relationships.


In the first quarter of 2019, Quasar Business Solutions Inc. received an investment from Blue Delta Capital Partners, which acquired a 30% minority stake in the company. This strategic investment aims to support the company's growth initiatives. While specific details about future product launches were not disclosed, the company is focused on enhancing its offerings in business intelligence and analytics.


Quasar is expected to explore expansion into additional North American markets, bolstering its client base and geographic reach.


Current Investors

Blue Delta Capital Partners

Primary Industry

Business Support Services

Sub Industries

Consulting Services, eMarketing/Digital Marketing, Education & Training Services, Education & Training Website, Analytics & Performance Software

Website

www.quasarinc.com

Verticals

Cloud Computing, EdTech

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Quasar Business Solutions 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)
GrowthCompletedQuasar Business Solutions 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.