Quorum Information Technologies Overview
- Year Founded
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1996
- Status
-
Acquired/Merged
- Employees
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80
- Latest Deal Type
-
Buyout/LBO
- Financing Rounds
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5
- Investments
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6
Quorum Information Technologies General Information
Description
Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company operates in three segments, Software as a saas, business development centre, and service and one-time. Its geographical segments are Canada and the United States.
Contact Information
Website
www.quoruminformationsystems.com(Operating Subsidiary)
Corporate Office
- B28, 6020
- 2nd Street Southeast
- Calgary, Alberta T2H 2L8
- Canada
Corporate Office
- B28, 6020
- 2nd Street Southeast
- Calgary, Alberta T2H 2L8
- Canada
Quorum Information Technologies Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Quorum Information Technologies Comparisons
Industry
Financing
Details
Quorum Information Technologies Competitors (3)
One of Quorum Information Technologies’s 3 competitors is Elva DMS, a Corporation company based in Riga, Latvia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Elva DMS | Corporation | Riga, Latvia | ||||
| OneDealer | Private Debt Financed | Koblenz, Germany | ||||
| Tekion | Private Equity-Backed | Pleasanton, CA |
Quorum Information Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Quorum Information Technologies Investments & Acquisitions (6)
Quorum Information Technologies’s most recent deal was a Merger/Acquisition with VINN Automotive Technologies for . The deal was made on 23-Jun-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| VINN Automotive Technologies | 23-Jun-2023 | Merger/Acquisition | Automotive | ||
| Quorum Sales Solutions | 01-Apr-2022 | Merger/Acquisition | Application Software | ||
| Oasis Auto Complete Systems | 02-Jan-2019 | Merger/Acquisition | Business/Productivity Software | ||
| Quorum Information Technologies (Advantage Complete Dealership Management System Software) | 01-Jan-2019 | Corporate Asset Purchase | Business/Productivity Software | ||
| DealerMine (Media and Information Services (B2B)) | 31-Oct-2018 | Merger/Acquisition | Media and Information Services (B2B) |
Quorum Information Technologies Exits (1)
Quorum Information Technologies’s most recent exit was on 01-Jan-2019 from Quorum Information Technologies (Advantage Complete Dealership Management System Software). The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Quorum Information Technologies (Advantage Complete Dealership Management System Software) | 01-Jan-2019 | Completed |
|
Quorum Information Technologies Affiliates
Subsidiaries (5)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| VINN Automotive Technologies | Vancouver, Canada | 2018 | |
| Autovance Technologies | Calgary, Canada | 2010 | |
| Quorum Sales Solutions | Calgary, Canada | 2003 | |
| DealerMine (Media and Information Services (B2B)) | Calgary, Canada | 1999 | |
| Quorum Information Technologies (Advantage Complete Dealership Management System Software) | Calgary, Canada |
Quorum Information Technologies FAQs
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When was Quorum Information Technologies founded?
Quorum Information Technologies was founded in 1996.
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Where is Quorum Information Technologies headquartered?
Quorum Information Technologies is headquartered in Calgary, Canada.
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What is the size of Quorum Information Technologies?
Quorum Information Technologies has 80 total employees.
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What industry is Quorum Information Technologies in?
Quorum Information Technologies’s primary industry is Business/Productivity Software.
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Is Quorum Information Technologies a private or public company?
Quorum Information Technologies is a Private company.
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What is the current valuation of Quorum Information Technologies?
The current valuation of Quorum Information Technologies is .
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What is Quorum Information Technologies’s current revenue?
The current revenue for Quorum Information Technologies is .
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How much funding has Quorum Information Technologies raised over time?
Quorum Information Technologies has raised $11.2M.
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Who are Quorum Information Technologies’s competitors?
Elva DMS, OneDealer, and Tekion are competitors of Quorum Information Technologies.
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When was Quorum Information Technologies acquired?
Quorum Information Technologies was acquired on 10-Dec-2025.
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Who acquired Quorum Information Technologies?
Quorum Information Technologies was acquired by Valsoft.
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