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Quorum Information Technologies

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uuid000392m

Namestring
Quorum Information Technologies
Legal namestring
Quorum Information Technologies Inc.
Company typeenum
Public
Founded yearint
1996
Descriptiontext

Quorum Information Technologies Inc. is a Calgary-based, TSX Venture Exchange (QIS) listed SaaS company founded in 1996 by Maury Marks that provides an integrated suite of 13 software solutions and managed services to over 1,400 franchised automotive dealerships across North America. Its portfolio spans five solution areas, namely Dealer Management (Quorum DMS, QAnalytics, Communicator), Customer Relationship Management (DealerMine CRM), Business Development Center services (BDC), Sales Retailing (Autovance desking, F&I menu, MyDeal digital retailing, Accessible Accessories, VINN Automotive marketplace), and Service Retailing (PowerLane, Online Scheduling, Declined Services, Tire Boost). The platform is delivered as cloud-based software, built on Microsoft Partner infrastructure, with open APIs that integrate into incumbent environments from CDK Global, Reynolds & Reynolds, DealerSocket, DealerTrack, VinSolutions, Xtime, and others.

The company generates revenue primarily through recurring SaaS subscriptions (CAD 28.8M in FY2024, up 2%) and managed BDC services (CAD 10.0M, down 8%), supplemented by professional services for implementation, training, and consulting. Pricing is quote-based and module-dependent, billed annually, reflecting an enterprise field sales motion targeting franchised dealerships of all sizes, from single rooftops to large multi-franchise groups. Quorum markets through industry trade shows (NADA, ACE, Mopar), content marketing, social channels, and partnerships with automotive technology providers.

Quorum employs over 420 staff across offices in Calgary, St. John's, and Saint John. In October 2025, the company filed a management information circular for a special shareholder meeting on November 26, 2025 to approve a proposed sale to an affiliate of Valsoft Corporation Inc., which would transition Quorum from a public company to a privately held portfolio entity. FY2024 total revenue was CAD 40.0 million (down 1%), with record Adjusted EBITDA of CAD 8.3 million (up 18%).

Short descriptiontext

Quorum Information Technologies provides an integrated suite of 13 cloud-based SaaS solutions and managed BDC services to over 1,400 franchised automotive dealerships across North America. Its products span DMS, CRM, digital retailing, service lane, and automotive marketplace capabilities.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersCalgary, Canada
HQ citystring
Calgary
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
dealer management software, automotive CRM software, digital retailing platform, service lane management, dealership SaaS solutions
Industry1 code
1B2B SaaS & Enterprise Personalization (CRM, Sales, Support)
CodeHDAAAGAJPrimaryYes
NAICS code1 code
  • Software Publishers513210
SIC code1 code
  • Services-Prepackaged Software7372
Product category
Dealership Management Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1SaaS Revenue
TypeSubscription Recurring
Description

Software-as-a-service subscription revenue from DMS, CRM, digital retailing, and other dealership software solutions. Revenue increased 2% to $28.8 million in fiscal year 2024 compared to 2023.

quoruminfotech.com
2BDC Services Revenue
TypeManaged Services
Description

Business Development Center managed services revenue providing outbound customer outreach, appointment setting, and service revenue optimization. Revenue was $10.0 million in fiscal year 2024, down 8% from 2023 due to BDC gross margin improvement plan.

quoruminfotech.com
3Professional Services
TypeProfessional Services
Description

Implementation, training, and consulting services supporting software deployment and customer success.

quoruminfotech.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Enterprise dealership software solutions - pricing based on dealership size and modules selected
ModelSubscriptionBilling cadenceAnnual
Notes

No specific pricing tiers publicly disclosed. Quote-based pricing model typical for enterprise SaaS dealership software.

quoruminfotech.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 5 records shown
1Quorum DMS
Description

Dealer Management System that automates, integrates, and streamlines key processes across departments in a dealership.

quoruminfotech.com
+4 more records
Core offering1 text field

Quorum Information Technologies provides an integrated cloud-based SaaS suite of software solutions for franchised automotive dealerships across North America. The portfolio spans dealer management systems (Quorum DMS), customer relationship management (DealerMine CRM), digital retailing (Autovance, Accessible Accessories), an automotive marketplace (VINN Automotive), and managed BDC services. The suite of 13 essential software solutions serves over 1,400 franchised dealership rooftops across Canada and the United States.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 11 values shown
  • Record Adjusted EBITDA of $8.3 million in 2024, up 18% year-over-year
+10 more records
Product overview1 text field

Quorum Information Technologies is a North American SaaS company providing an integrated suite of software solutions for automotive dealerships. The product portfolio comprises five core brands: Quorum DMS (dealer management system), DealerMine CRM (customer relationship management), Autovance (modern retailing platform), Accessible Accessories (accessories digital retailing), and VINN Automotive (automotive marketplace). These integrate across five solution areas: DMS, CRM, BDC Services, Sales Retailing, and Service Retailing. The suite of 13 essential software solutions works together to automate dealership processes, enhance customer relationships, and drive revenue. Quorum was founded in 1996 and is headquartered in Calgary, Alberta, with offices in St. John's and Saint John, serving over 1,400 franchised dealerships across North America.

Product and service6 records
1Quorum DMS
CategoryDealer Management System (DMS)
Description

Fully integrated dealer management system that automates, integrates, and streamlines key processes across all dealership departments including fixed operations, variable operations, accounting, communications, and analytics. Used by franchised automotive dealerships across North America.

2DealerMine CRM
CategoryCustomer Relationship Management (CRM)
Description

Sales and service customer relationship management system providing a 360-degree view of customer interactions, AI-powered marketing tools, and BDC services that drive more visits and maximize revenue at every dealership interaction.

3Autovance
CategoryDigital Retailing / Sales Retailing
Description

Modern retailing platform providing desking tools, F&I menu solutions, and digital retailing capabilities that help dealerships attract business, improve in-store profits, and maximize efficiency.

4Accessible Accessories
CategoryDigital Retailing / Accessories
Description

Digital retailing platform enabling franchised dealerships to efficiently increase vehicle accessories revenue through online and in-store sales with full catalog of manufacturer and aftermarket accessories.

5VINN Automotive
CategoryAutomotive Marketplace
Description

Premier automotive marketplace connecting buyers with dealerships, streamlining vehicle research and purchase process while generating high-quality leads with 85% pre-booked test drive rate.

6BDC Services
CategoryManaged Services / BDC
Description

Fully managed BDC service powered by DealerMine CRM that handles recruiting, training, and managing the entire BDC operation for franchised dealerships, with 99.9% uptime and 5 million calls handled annually.

Scale indicator13 records

Each record includes

Type, Value, Description, Source

Partnership7 partners
Strategic tierCoreTypeTechnology or Integration
Description

Technology integration partnership enabling interoperability between Quorum's dealership solutions and CDK's dealer management systems. Allows shared customers to leverage both platforms.

Strategic tierCoreTypeTechnology or Integration
Description

Technology integration partnership enabling Quorum solutions to work alongside Reynolds & Reynolds DMS products for dealerships using both platforms.

Strategic tierCoreTypeTechnology or Integration
Description

Integration partnership allowing interoperability with DealerSocket's CRM and dealership management solutions.

Strategic tierCoreTypeTechnology or Integration
Description

Technology integration enabling Quorum products to work with DealerTrack's F&I and inventory solutions.

Strategic tierCoreTypeTechnology or Integration
Description

Integration partnership with VinSolutions' CRM and desking solutions for seamless dealership workflows.

Strategic tierCoreTypeTechnology or Integration
Description

Technology integration for service scheduling and customer experience solutions.

Strategic tierCoreTypeTechnology or Integration
Description

Microsoft Partner Network membership indicating cloud infrastructure and technology stack integration.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

One of the two dominant North American dealer management system (DMS) vendors. CDK competes directly with Quorum's Quorum DMS, CRM, and digital retailing suite across the same franchised dealership customer base.

TypeDirect peer
Description

The other dominant North American DMS provider, with deep franchised dealership penetration. Reynolds competes head-to-head with Quorum DMS and integrates with Quorum's other modules as a complementary partner.

TypeEmerging player
Description

Cloud-native automotive DMS and retail platform that has rapidly gained traction with dealer groups seeking a modern alternative to legacy on-premise DMS systems. Directly competes with Quorum DMS for new-logo dealership wins, especially in the U.S.

TypeDirect peer
Description

Automotive CRM and desking solution that competes directly with DealerMine CRM and Autovance. VinSolutions is integrated with Quorum as a partner but competes for the same CRM and sales-retailing budgets.

TypeDirect peer
Description

CRM and dealership management software suite owned by Solera Holdings, competing directly with Quorum DMS and DealerMine CRM across franchised dealerships in North America.

TypeBroad incumbent
Description

Large automotive technology holding company that owns VinSolutions, Dealertrack, Xtime, Kelley Blue Book, and Autotrader. Competes with Quorum across CRM, digital retailing, inventory, and service-scheduling via its portfolio of brands.

TypeDirect peer
Description

Canadian DMS and dealership software vendor with strong Canadian dealership penetration similar to Quorum. Direct competitor in the Canadian franchised dealer market where Quorum has historical strength.

TypeDirect peer
Description

Cloud-based DMS vendor targeting franchised auto dealers with a modern, integrated platform. Competes directly with Quorum DMS, particularly for dealers seeking cloud-first DMS alternatives.

TypeDirect peer
Description

F&I and credit-application platform widely used in franchised dealerships. Competes with Quorum's DealerTrack-integrated F&I menu solutions for the dealership finance office workflow.

TypeDirect peer
Description

F&I, inventory, and dealer software platform owned by Cox Automotive. Directly competes with Autovance Menu and Autovance Desk for F&I menu and desking workflows at franchised dealerships.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability6 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles14 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds2 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors2 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Quorum Information Technologies

Dealership Management Softwarequoruminfotech.com

Quorum Information Technologies provides an integrated suite of 13 cloud-based SaaS solutions and managed BDC services to over 1,400 franchised automotive dealerships across North America. Its products span DMS, CRM, digital retailing, service lane, and automotive marketplace capabilities.

What Quorum Information Technologies does

Quorum Information Technologies Inc. is a Calgary-based, TSX Venture Exchange (QIS) listed SaaS company founded in 1996 by Maury Marks that provides an integrated suite of 13 software solutions and managed services to over 1,400 franchised automotive dealerships across North America. Its portfolio spans five solution areas, namely Dealer Management (Quorum DMS, QAnalytics, Communicator), Customer Relationship Management (DealerMine CRM), Business Development Center services (BDC), Sales Retailing (Autovance desking, F&I menu, MyDeal digital retailing, Accessible Accessories, VINN Automotive marketplace), and Service Retailing (PowerLane, Online Scheduling, Declined Services, Tire Boost). The platform is delivered as cloud-based software, built on Microsoft Partner infrastructure, with open APIs that integrate into incumbent environments from CDK Global, Reynolds & Reynolds, DealerSocket, DealerTrack, VinSolutions, Xtime, and others.

The company generates revenue primarily through recurring SaaS subscriptions (CAD 28.8M in FY2024, up 2%) and managed BDC services (CAD 10.0M, down 8%), supplemented by professional services for implementation, training, and consulting. Pricing is quote-based and module-dependent, billed annually, reflecting an enterprise field sales motion targeting franchised dealerships of all sizes, from single rooftops to large multi-franchise groups. Quorum markets through industry trade shows (NADA, ACE, Mopar), content marketing, social channels, and partnerships with automotive technology providers.

Quorum employs over 420 staff across offices in Calgary, St. John's, and Saint John. In October 2025, the company filed a management information circular for a special shareholder meeting on November 26, 2025 to approve a proposed sale to an affiliate of Valsoft Corporation Inc., which would transition Quorum from a public company to a privately held portfolio entity. FY2024 total revenue was CAD 40.0 million (down 1%), with record Adjusted EBITDA of CAD 8.3 million (up 18%).

Quorum Information Technologies firmographics

Firmographics
Name
Quorum Information Technologies
Legal name
Quorum Information Technologies Inc.
Website
https://quoruminfotech.com
Company type
Public
Founded year
1996
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Quorum Information Technologies provides an integrated suite of 13 cloud-based SaaS solutions and managed BDC services to over 1,400 franchised automotive dealerships across North America. Its products span DMS, CRM, digital retailing, service lane, and automotive marketplace capabilities.
Ownership category
akta.pro rank

Quorum Information Technologies industry classification

Industry
Product category
Dealership Management Software
NAICS
Software Publishers (513210)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
B2B SaaS & Enterprise Personalization (CRM, Sales, Support) (HDAAAGAJ)

Keywords

  • Dealer management software
  • Automotive CRM software
  • Digital retailing platform
  • Service lane management
  • Dealership SaaS solutions

Where Quorum Information Technologies is headquartered

Location

Headquarters

HQ city
Calgary
HQ country
Canada
HQ region
North America

Offices3 records

Markets served

Quorum Information Technologies business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. SaaS Revenue: Software-as-a-service subscription revenue from DMS, CRM, digital retailing, and other dealership software solutions. Revenue increased 2% to $28.8 million in fiscal year 2024 compared to 2023.
  2. BDC Services Revenue: Business Development Center managed services revenue providing outbound customer outreach, appointment setting, and service revenue optimization. Revenue was $10.0 million in fiscal year 2024, down 8% from 2023 due to BDC gross margin improvement plan.
  3. Professional Services: Implementation, training, and consulting services supporting software deployment and customer success.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise dealership software solutions - pricing based on dealership size and modules selected

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Quorum Information Technologies product offering

Product offering

Core offering

Quorum Information Technologies provides an integrated cloud-based SaaS suite of software solutions for franchised automotive dealerships across North America. The portfolio spans dealer management systems (Quorum DMS), customer relationship management (DealerMine CRM), digital retailing (Autovance, Accessible Accessories), an automotive marketplace (VINN Automotive), and managed BDC services. The suite of 13 essential software solutions serves over 1,400 franchised dealership rooftops across Canada and the United States.

Product overview

Quorum Information Technologies is a North American SaaS company providing an integrated suite of software solutions for automotive dealerships. The product portfolio comprises five core brands: Quorum DMS (dealer management system), DealerMine CRM (customer relationship management), Autovance (modern retailing platform), Accessible Accessories (accessories digital retailing), and VINN Automotive (automotive marketplace). These integrate across five solution areas: DMS, CRM, BDC Services, Sales Retailing, and Service Retailing. The suite of 13 essential software solutions works together to automate dealership processes, enhance customer relationships, and drive revenue. Quorum was founded in 1996 and is headquartered in Calgary, Alberta, with offices in St. John's and Saint John, serving over 1,400 franchised dealerships across North America.

Differentiator

Problem solved

Functional benefit

Brands

  • Quorum DMS: Dealer Management System that automates, integrates, and streamlines key processes across departments in a dealership.
  • DealerMine CRM
  • Autovance
  • Accessible Accessories
  • VINN Auto

Products and services

  • Quorum DMS Fully integrated dealer management system that automates, integrates, and streamlines key processes across all dealership departments including fixed operations, variable operations, accounting, communications, and analytics. Used by franchised automotive dealerships across North America.
  • DealerMine CRM Sales and service customer relationship management system providing a 360-degree view of customer interactions, AI-powered marketing tools, and BDC services that drive more visits and maximize revenue at every dealership interaction.
  • Autovance Modern retailing platform providing desking tools, F&I menu solutions, and digital retailing capabilities that help dealerships attract business, improve in-store profits, and maximize efficiency.
  • Accessible Accessories Digital retailing platform enabling franchised dealerships to efficiently increase vehicle accessories revenue through online and in-store sales with full catalog of manufacturer and aftermarket accessories.
  • VINN Automotive Premier automotive marketplace connecting buyers with dealerships, streamlining vehicle research and purchase process while generating high-quality leads with 85% pre-booked test drive rate.
  • BDC Services Fully managed BDC service powered by DealerMine CRM that handles recruiting, training, and managing the entire BDC operation for franchised dealerships, with 99.9% uptime and 5 million calls handled annually.

Quantifiable outcome

  • Record Adjusted EBITDA of $8.3 million in 2024, up 18% year-over-year
  • +10 more outcomes

Companies that use Quorum Information Technologies

Customer profile

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Quorum Information Technologies technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature8 records

Quorum Information Technologies partnerships and signals

Strategic signal

Partnerships

Seven partnerships are on record, tiered core.

  • CDK GlobalcoreTechnology or IntegrationTechnology integration partnership enabling interoperability between Quorum's dealership solutions and CDK's dealer management systems. Allows shared customers to leverage both platforms.
  • Reynolds & ReynoldscoreTechnology or IntegrationTechnology integration partnership enabling Quorum solutions to work alongside Reynolds & Reynolds DMS products for dealerships using both platforms.
  • DealerSocketcoreTechnology or IntegrationIntegration partnership allowing interoperability with DealerSocket's CRM and dealership management solutions.
  • DealerTrackcoreTechnology or IntegrationTechnology integration enabling Quorum products to work with DealerTrack's F&I and inventory solutions.
  • VinSolutionscoreTechnology or IntegrationIntegration partnership with VinSolutions' CRM and desking solutions for seamless dealership workflows.
  • XtimecoreTechnology or IntegrationTechnology integration for service scheduling and customer experience solutions.
  • Microsoft PartnercoreTechnology or IntegrationMicrosoft Partner Network membership indicating cloud infrastructure and technology stack integration.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Quorum Information Technologies competitors and assessment

Company assessment

Direct peers

  • CDK Global: One of the two dominant North American dealer management system (DMS) vendors. CDK competes directly with Quorum's Quorum DMS, CRM, and digital retailing suite across the same franchised dealership customer base.
  • Reynolds & Reynolds: The other dominant North American DMS provider, with deep franchised dealership penetration. Reynolds competes head-to-head with Quorum DMS and integrates with Quorum's other modules as a complementary partner.
  • VinSolutions (Cox Automotive): Automotive CRM and desking solution that competes directly with DealerMine CRM and Autovance. VinSolutions is integrated with Quorum as a partner but competes for the same CRM and sales-retailing budgets.
  • DealerSocket (Solera): CRM and dealership management software suite owned by Solera Holdings, competing directly with Quorum DMS and DealerMine CRM across franchised dealerships in North America.
  • PBS Systems: Canadian DMS and dealership software vendor with strong Canadian dealership penetration similar to Quorum. Direct competitor in the Canadian franchised dealer market where Quorum has historical strength.
  • Dominion DMS: Cloud-based DMS vendor targeting franchised auto dealers with a modern, integrated platform. Competes directly with Quorum DMS, particularly for dealers seeking cloud-first DMS alternatives.
  • RouteOne: F&I and credit-application platform widely used in franchised dealerships. Competes with Quorum's DealerTrack-integrated F&I menu solutions for the dealership finance office workflow.
  • Dealertrack (Cox Automotive): F&I, inventory, and dealer software platform owned by Cox Automotive. Directly competes with Autovance Menu and Autovance Desk for F&I menu and desking workflows at franchised dealerships.

Emerging players

  • Tekion: Cloud-native automotive DMS and retail platform that has rapidly gained traction with dealer groups seeking a modern alternative to legacy on-premise DMS systems. Directly competes with Quorum DMS for new-logo dealership wins, especially in the U.S.

Broad incumbents

  • Cox Automotive: Large automotive technology holding company that owns VinSolutions, Dealertrack, Xtime, Kelley Blue Book, and Autotrader. Competes with Quorum across CRM, digital retailing, inventory, and service-scheduling via its portfolio of brands.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Quorum Information Technologies social profiles

Digital presence

Quorum Information Technologies financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Quorum Information Technologies leadership team

Management profile

Number of profiles

Profiles14 records

Quorum Information Technologies subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Quorum Information Technologies funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Quorum Information Technologies M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quorum Information Technologies

What does Quorum Information Technologies do?

Quorum Information Technologies provides an integrated cloud-based SaaS suite of software solutions for franchised automotive dealerships across North America. The portfolio spans dealer management systems (Quorum DMS), customer relationship management (DealerMine CRM), digital retailing (Autovance, Accessible Accessories), an automotive marketplace (VINN Automotive), and managed BDC services. The suite of 13 essential software solutions serves over 1,400 franchised dealership rooftops across Canada and the United States.

Is Quorum Information Technologies a public or private company?

Quorum Information Technologies is a public company. It is classified as public and is currently operating.

When was Quorum Information Technologies founded?

Quorum Information Technologies was founded in 1996. It employs 501 to 1,000 people.

Where is Quorum Information Technologies based?

Quorum Information Technologies is headquartered in Calgary, Canada, in the North America region.

How does Quorum Information Technologies make money?

Three revenue lines are on record. SaaS Revenue is the primary driver. The others are BDC Services Revenue and professional Services.

Who are Quorum Information Technologies's main competitors?

Direct peers on record are CDK Global, Reynolds & Reynolds, VinSolutions (Cox Automotive), DealerSocket (Solera), PBS Systems, Dominion DMS, RouteOne and Dealertrack (Cox Automotive). Tekion is listed as an emerging player. Cox Automotive is listed as a broad incumbent.

Does Quorum Information Technologies have an API?

No public API is recorded for Quorum Information Technologies.

What industry is Quorum Information Technologies in?

Quorum Information Technologies's product category is Dealership Management Software. Its primary akta.pro industry code is HDAAAGAJ, B2B SaaS & Enterprise Personalization (CRM, Sales, Support). Its NAICS code is 513210 and its SIC code is 7372.

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Live signals
GlobeNewswireQuorum Information Technologies Announces Effective Date of Delisting From the TSX Venture ExchangeQuorum Information Technologies Inc. announced the delisting of its common shares from the TSX Venture Exchange, effective December 18, 2025, following the completion of a statutory plan of arrangement. Under the arrangement, 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc., acquired all outstanding common shares for cash consideration of $0.80 per share, closing on December 10, 2025, making Quorum wholly owned by the Purchaser. The Company will also apply to cease being a reporting issuer in all applicable Canadian jurisdictions.GlobeNewswireQuorum Information Technologies Announces Closing of ArrangementQuorum Information Technologies Inc. has completed its acquisition by 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc., at $0.80 per share in cash. The company expects to delist its Common Shares from the TSX Venture Exchange on or about December 10, 2025, and will apply to cease being a reporting issuer in Canada. Quorum is a North American SaaS software and services company providing enterprise solutions to automotive dealerships and OEMs, including DMS, CRM, digital retailing, and marketplace platforms.NewswireValsoft Corporation Announces Closing of Previously Announced Acquisition of Quorum Information Technologies in an All-Cash TransactionValsoft Corporation completed its acquisition of Quorum Information Technologies with an all-cash transaction valued at approximately $60 million. Quorum shareholders received $0.80 per share, with the company continuing operations under its current management while joining Valsoft's decentralized group. The deal was approved by Quorum shareholders, regulatory authorities, and involved delisting from the TSX Venture Exchange.GlobeNewswireQuorum Information Technologies Receives Shareholder Support for Proposed Arrangement and Announces Final Order Approving ArrangementQuorum Information Technologies shareholders approved a statutory plan of arrangement with 2745122 Alberta Inc., an affiliate of Valsoft Corporation, with 79.55% voting in favor. The Alberta Court of King's Bench granted a final order approving the arrangement, subject to remaining conditions including TSX Venture Exchange approval. Closing is expected in early December 2025.GlobeNewswireQuorum Information Technologies Receives Shareholder Support for Proposed Arrangement and Announces Final Order Approving ArrangementQuorum Information Technologies Inc. shareholders have approved a statutory plan of arrangement under which 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc., will acquire the company, with 97.65% of votes cast in favor of the special resolution. The Court of King's Bench of Alberta has granted final court approval for the arrangement, with closing expected in early December 2025 subject to TSX Venture Exchange final approval. Quorum provides SaaS enterprise solutions for automotive dealerships, including its Dealership Management System, DealerMine CRM, Autovance, Accessible Accessories, and VINN Automotive platforms.GlobeNewswireQuorum Announces Q3 2025 Results Release Date, Conference Call and Webcast DetailsQuorum Information Technologies will release its Q3 2025 results after markets close on Wednesday, November 19, 2025. The company will hold a conference call with CEO Maury Marks and CFO Marilyn Bown on Thursday, November 20, 2025, at 11:00 am MT. An updated investor presentation and call replay will be available on the company website.GlobeNewswireQuorum Information Technologies Files Management Information Circular for November 26, 2025, Special Meeting and Encourages Shareholders to Access Meeting Materials ElectronicallyQuorum Information Technologies Inc. has filed its management information circular for a special shareholder meeting scheduled for November 26, 2025, where shareholders will vote on a statutory plan of arrangement proposed by 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc., under an arrangement agreement dated September 22, 2025. The Board of Directors unanimously recommends that Quorum shareholders vote in favor of the arrangement resolution. Quorum is a North American SaaS software company providing enterprise solutions for automotive dealerships, including its Dealership Management System, DealerMine CRM, and Autovance platforms.GlobeNewswireQuorum Information Technologies Announces Definitive Agreement to be Acquired by Valsoft Corporation in an All-Cash TransactionQuorum Information Technologies agreed to be acquired by a Valsoft affiliate in an all-cash deal at $0.80 per share, a 14% premium to the last trading price. The transaction values Quorum at about $60 million and is expected to close in Q4 2025, with a shareholder meeting in November 2025.AInvestQuorum Information Technologies: Strategic Debt Reduction and Software Integration Fuel Long-Term SaaS GrowthQuorum Information Technologies reduced its debt-to-EBITDA ratio from 3.7x to 1.0x by repaying $800,000, freeing capital for reinvestment. SaaS revenue grew 1% year-over-year to $7.2 million, while cross-selling 13 integrated platforms unlocks $54 million in embedded revenue potential. AI-driven software integration boosted recurring revenue growth by 3% amid macroeconomic risks.GlobeNewswireQuorum Announces Q2 2025 Results Release Date, Conference Call and Webcast DetailsQuorum Information Technologies will release its Q2 2025 results after markets close on August 27, 2025, and hold a conference call on August 28. The call will be led by CEO Maury Marks and CFO Marilyn Bown, with dial-in and webcast details provided.