REQUORDIT
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REQUORDIT - overview
Established
1997
Location
Fort Lauderdale, FL, US
Primary Industry
Business Support Services
About
Based in the US, REQUORDIT specializes in digital transformation, providing document management and automation solutions that enhance operational efficiency for businesses across various sectors. Founded in 1997 and headquartered in Fort Lauderdale, US, REQUORDIT focuses on streamlining document workflows and automation processes. The company has engaged in 1 deal, with its most recent transaction occurring on August 5, 2025, signifying its ongoing evolution in the tech landscape. The company's founder has not been disclosed.
REQUORDIT offers a comprehensive suite of document management and automation solutions aimed at improving operational efficiency for businesses across various industries. The core product offerings include document management systems, workflow automation tools, and accounts payable process automation, which facilitate the centralization and efficient handling of documents, ensuring compliance and streamlining approvals. Their solutions are designed to convert paper documents into secure digital formats, optimize business processes through automation, and enhance data capture using their Online OCR service. REQUORDIT's services cater to a diverse client base, including sectors such as construction, government, and insurance, primarily in Latin America but also extending to other international markets.
By leveraging their innovative technology, REQUORDIT addresses the complex challenges of managing large volumes of data and documents, empowering organizations to maximize their human potential through software automation. REQUORDIT's revenue model is primarily based on B2B transactions, wherein businesses subscribe to their suite of services tailored to their industry-specific needs. Clients typically engage in long-term partnerships, utilizing REQUORDIT's cloud-based solutions and integrated consulting services for implementation and ongoing support. The company's flagship products, including CloudPAYit and OnBase, are offered under subscription arrangements that provide clients access to continuous updates and support.
Revenue is generated through these subscription fees, along with additional consulting and implementation charges that ensure the successful deployment of automation solutions. These structured transactions facilitate a predictable revenue stream while allowing REQUORDIT to maintain a robust relationship with its customer base, ensuring that their specific needs are met effectively. In August 2025, Willcrest Partners acquired REQUORDIT, a move that will enhance the company's CloudOCR and CloudPAYit software offerings. The acquisition is anticipated to support the launch of new products designed to optimize document management further and facilitate operational efficiency.
REQUORDIT is also planning to expand into new geographic regions, specifically targeting Latin America, with an emphasis on deeper market penetration by 2026. The strategic funding from the acquisition will enable enhanced development of existing products and the introduction of innovative features to meet evolving customer needs.
Current Investors
Willcrest Partners
Primary Industry
Business Support Services
Sub Industries
Consulting Services, Offshore IT Services/IT Outsourcing
Website
www.requordit.com
Verticals
Cloud Computing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
REQUORDIT - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | REQUORDIT | - |
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