Qmerit Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
65
- Latest Deal Type
-
M&A
- Financing Rounds
-
5
- Investments
-
5
Qmerit General Information
Description
Provider of installation services intended for the renewable energy equipment implementation lifecycle. The company offers a network of contractors, independent certified partners, and certified installers who are skilled in system implementation and integration as well as ongoing support and maintenance, thereby enabling clients to deliver customers an unmatched quality experience related to electric vehicle charging stations, battery storage systems, solar system integration, and microgrid services.
Contact Information
Website
www.qmerit.com(Operating Subsidiary)
Corporate Office
- 2 Venture
- Suite 550
- Irvine, CA 92618
- United States
Corporate Office
- 2 Venture
- Suite 550
- Irvine, CA 92618
- United States
Qmerit Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Qmerit Comparisons
Industry
Financing
Details
Qmerit Competitors (2)
One of Qmerit’s 2 competitors is Lee Industrial Contracting, a Corporation company based in Pontiac, MI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Lee Industrial Contracting | Corporation | Pontiac, MI | ||||
| Industrial Maintenance Solutions | Corporation | Edinburg, VA |
Qmerit Patents
Qmerit Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220405706-A1 | System and method providing an improved, automated procurement system using artificial intelligence | Active | 26-Sep-2019 | ||
| WO-2021061663-A1 | System and method providing an improved, automated procurement system using artificial intelligence | Inactive | 26-Sep-2019 | ||
| US-20160132816-A1 | Unified workforce platform | Inactive | 11-Nov-2014 | ||
| US-20190073623-A1 | Unified workforce platform | Inactive | 11-Nov-2014 | ||
| WO-2016077390-A1 | Unified workforce platform | Inactive | 11-Nov-2014 | G06Q10/063112 |
Qmerit Signals
Qmerit Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Qmerit Investments & Acquisitions (5)
Qmerit’s most recent deal was a Merger/Acquisition with Switch Electric Home Energy. The deal was made on 01-Nov-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Switch Electric Home Energy | 01-Nov-2023 | Merger/Acquisition | Other Commercial Services | ||
| Wells Electrical | 03-Mar-2023 | Merger/Acquisition | Construction and Engineering | ||
| C.W. Fischer Electric | 06-Sep-2022 | Merger/Acquisition | Other Commercial Services | ||
| Hegge Electric | 04-Oct-2021 | Buyout/LBO | Other Commercial Services | ||
| Capital City Electrical Services | 04-Jan-2021 | Merger/Acquisition | Construction and Engineering |
Qmerit Affiliates
Subsidiaries (4)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Switch Electric Home Energy | Monroe, WA | 2009 | |
| Wells Electrical | San Francisco, CA | 1992 | |
| Capital City Electrical Services | Norcross, GA | 1990 | |
| C.W. Fischer Electric | Pompano Beach, FL | 1968 |
Qmerit FAQs
-
When was Qmerit founded?
Qmerit was founded in 2015.
-
Where is Qmerit headquartered?
Qmerit is headquartered in Irvine, CA.
-
What is the size of Qmerit?
Qmerit has 65 total employees.
-
What industry is Qmerit in?
Qmerit’s primary industry is Other Commercial Services.
-
Is Qmerit a private or public company?
Qmerit is a Private company.
-
What is Qmerit’s current revenue?
The current revenue for Qmerit is .
-
How much funding has Qmerit raised over time?
Qmerit has raised $20.8M.
-
Who are Qmerit’s investors?
Climate Tech Capital, Colle Capital Partners, , Future Energy Ventures, and GIC Private are 5 of 10 investors who have invested in Qmerit.
-
Who are Qmerit’s competitors?
Lee Industrial Contracting and Industrial Maintenance Solutions are competitors of Qmerit.
-
When was Qmerit acquired?
Qmerit was acquired on 20-Dec-2021.
-
Who acquired Qmerit?
Qmerit was acquired by Schneider Electric.
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