Quorum Information Technologies Inc.
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Quorum Information Technologies Inc. - overview
Established
1996
Location
Calgary, AB, Canada
Primary Industry
Software
About
Based in Canada, Quorum specializes in providing comprehensive automotive dealership management solutions, enhancing operational efficiency and profitability through innovative software technologies. Founded in 1996, Quorum Information Technologies Inc. is a Canadian company based in Calgary that delivers automotive dealership management solutions. The company has successfully navigated the automotive software landscape, focusing on enhancing its offerings and adapting to industry needs.
In September 2025, Valsoft Corporation Inc. , a portfolio company of Viking Global Investors, Coatue Management, Round13 Capital, Power Corporation of Canada, and Portage Ventures, agreed to acquire Quorum Information Technologies Inc. for approximately CAD 60 million or CAD 0. 8 per share in cash, in a public-to-private transaction.
Quorum Information Technologies Inc. specializes in delivering a comprehensive suite of automotive dealership management solutions designed to enhance operational efficiency and profitability. Its core offerings include a Dealer Management System (DMS) that integrates essential functions such as accounting, fixed operations, and service management to automate and streamline dealership processes. The company also provides Customer Relationship Management (CRM) software to improve sales, prospecting, and client satisfaction, as well as Business Development Center (BDC) services aimed at attracting new customers.
Quorum's products cater to a diverse client base, including automotive dealerships across North America, specifically targeting markets like Canada and the United States. The solutions, released over several years, are specifically tailored to address the unique challenges of the automotive industry, enabling users to increase sales, enhance customer experiences, and optimize service operations. Quorum Information Technologies generates revenue primarily through subscription-based pricing models for its software solutions. The structure typically involves dealerships signing annual contracts for access to its DMS, CRM, and BDC services.
Clients may choose from different tiers based on their specific needs, with each tier providing varying features and levels of support. The transactions are B2B in nature, wherein the firm establishes partnerships with automotive dealerships that utilize its products to enhance their operational capabilities. Notably, flagship products like the Quorum DMS and DealerMine CRM play a significant role in driving revenue, as dealerships rely on these platforms for critical functionalities that support their daily operations. The revenue model is designed to foster long-term relationships with clients while ensuring continuous updates and support for the software provided.
Current Investors
Valsoft Corporation Inc.
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Application Integration Software, Customer Relationship Management, Sales & Marketing Software, Systems Management Software
Website
www.quoruminfotech.com
Verticals
Cloud Computing, Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Quorum Information Technologies 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, Public to Private | Completed | Quorum Information Technologies Inc. | - |
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