Quiktrak
Quiktrak is a private financial services company that provides field-based asset inspections, floor plan audits, and collateral verification to equipment lessors, commercial lenders, floor plan financiers, and wholesale credit firms globally, delivered through its proprietary Revoquest and CHECKS technology platforms and a network of 1,500+ inspectors.
- Company typePrivate
- Founded1991
- HeadquartersBeaverton, United States
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Quiktrak does
Quiktrak, LLC is a Beaverton, Oregon-headquartered financial services company specializing in field-based asset verification, floor plan auditing, and collateral management for equipment lessors, commercial lenders, floor plan finance companies, wholesale credit firms, and — to a lesser extent — retail brands via mystery shopping services. Founded in 1991, the company has grown from a four-person leased-equipment inspection operation in California into a global service network of 1,500+ qualified inspectors conducting more than 400,000 audits per year across the United States, Canada, the United Kingdom, Ireland, Europe, Australia, New Zealand, and Southern Africa. Its customers are primarily enterprise financial institutions relying on periodic third-party verification to mitigate collateral risk, enforce borrower compliance, and monitor dealer inventory in verticals spanning auto, powersports, marine, RV, construction, agriculture, and manufactured housing.
The company's technology backbone consists of two proprietary platforms: the legacy Revoquest collateral management system (licensed in 32 countries and localized in 18 languages), and the CHECKS mobile-first, AI-driven audit and inspection suite acquired from Madrid-based TKS Group in March 2024 and positioned as Quiktrak's next-generation core platform. Quiktrak monetizes through three distinct go-to-market models — Full Service (Quiktrak-managed auditors using Revoquest/CHECKS), License Only (clients operating their own audit teams on the technology stack), and a Combination/hybrid model — typically structured as multi-year enterprise contracts on a quote-based pricing model with revenue generated per inspection, per audit, or per technology license.
Quiktrak is privately held by RCap Equity Partners, which acquired the company from Bureau Veritas in July 2023 and simultaneously merged it with RCap-owned Douglas-Guardian Services Corporation. The company is led by CEO Sudhakar Goverdhanam (founder and former CEO of Prime Technology Group) and President Rob Murphy, with Eric Lindstrom as VP of Technology overseeing the CHECKS transition. The company's strategic posture — two acquisitions within 14 months, a new technology-oriented CEO, a Madrid engineering center, and an active AI-branding campaign around CHECKS — points to a deliberate repositioning of the business from a traditional field-services franchise toward a software-enabled, AI-driven asset verification platform.
Quiktrak firmographics
Firmographics- Name
- Quiktrak
- Legal name
- Quiktrak Inc.
- Website
- https://quiktrak.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Quiktrak is a private financial services company that provides field-based asset inspections, floor plan audits, and collateral verification to equipment lessors, commercial lenders, floor plan financiers, and wholesale credit firms globally, delivered through its proprietary Revoquest and CHECKS technology platforms and a network of 1,500+ inspectors.
- Ownership category
- akta.pro rank
Quiktrak industry classification
Industry- Product category
- Asset Inspection & Floor Plan Auditing Services
- NAICS
- Testing Laboratories and Services (541380)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Due Diligence & Investigative Research (BPAHALAI)
- akta.pro secondary industry
- Compliance Technology, GRC Platforms & Controls Automation Advisory (BPAHAFAO)
Keywords
Where Quiktrak is headquartered
LocationHeadquarters
- HQ city
- Beaverton
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Quiktrak business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Inspection Services: Asset inspection and verification services including equipment inspections, site inspections, condition reports, real estate inspections, merchant site inspections, permit running, and specialty inspections for collateral, equipment, and property verification.
- Floor Plan Auditing: Dealer-level verification and inventory management for floor plan financing programs covering auto, powersports, marine, RV, construction, agriculture, lawn & garden, manufactured housing, and more. Conducted periodically as third-party auditor.
- Mystery Shopping Services: Customer experience auditing, location health & hygiene certification, and merchant cash verifications using global field auditor network.
- Risk Management Technology Licensing: Three business models: Full Service (Quiktrak auditors + Revoquest app), License Only (client uses own auditors with Revoquest technology), Combination (flexible hybrid approach).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Full Service - Complete managed auditing solution with Quiktrak field auditors |
| One time/ perpetual license | Multi-year contract | License Only - Technology licensing for client's own audit team |
| Hybrid | Multi-year contract | Combination - Flexible hybrid approach |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Quiktrak product offering
Product offeringCore offering
Quiktrak provides field inspections, verifications, inventory auditing, and property data collection services for the equipment leasing, commercial lending, wholesale credit, and floor plan financing industries. The company combines its proprietary Revoquest/CHECKS technology platform with a global network of 1,500+ qualified inspectors to deliver over 400,000 audits annually across 32 countries. It offers three engagement models: Full Service (managed auditing), License Only (technology licensing), and Combination (hybrid).
Product overview
Quiktrak operates as a unified platform combining proprietary technology with field inspection services. The core Revoquest platform (now transitioning to CHECKS following the 2024 TKS Group acquisition) serves as the central technology for conducting and managing audits and inspections. Field inspection services include asset inspections (equipment, site, condition, real estate, merchant site), floor plan auditing and inventory management, and mystery shopping. Risk management technology is offered through three business models: Full Service, License Only, and Combination. The company leverages its network of 1,500+ inspectors across 32 countries to deliver over 400,000 audits annually.
Differentiator
Problem solved
Functional benefit
Brands
- Revoquest: Proprietary risk management and collateral management software platform used by field auditors and inspectors.
- CHECKS
Products and services
- Revoquest Proprietary collateral management and risk management software platform used by Quiktrak's field auditors to remotely upload inspection and audit results, enabling near real-time reporting for clients in the equipment leasing, lending, and floor plan finance industries.
- CHECKS AI-driven, mobile-first technology platform for managing assets and audit processes, originally developed by TKS Group in 2014 as an end-to-end solution for the retail, financial, and automotive industries; serves as Quiktrak's primary auditing and inspection software suite following the 2024 acquisition.
- Inspection Services Asset inspection and verification services focusing on collateral, equipment, and property; includes equipment inspections, site inspections, condition reports, real estate inspections, merchant site inspections, permit running, and specialty inspections for equipment leasing companies and commercial lenders.
- Floor Plan Audit & Inventory Management Global floor plan auditing and integrated automotive inventory management services combining Revoquest/CHECKS technology with a global field auditor network to conduct periodic dealer-level inventory verifications and collateral audits for finance companies across auto, powersports, marine, RV, construction, agriculture, and manufactured housing verticals.
- Mystery Shopping Services Mystery shopping and customer experience auditing services leveraging the Revoquest platform and global field auditor network; includes customer experience audits, health and hygiene certification, merchant cash verifications, training compliance checks, and competitive benchmarking for retail, hospitality, and service brands.
- Risk Management Technology (Full Service / License Only / Combination) Risk management tools and consulting services offered through three business models: Full Service (Quiktrak field auditors with Revoquest), License Only (clients license Revoquest technology for their own audit teams), and Combination (hybrid approach mixing in-house and Quiktrak auditors).
Quantifiable outcome
- 400,000+ audits delivered annually
- +3 more outcomes
Companies that use Quiktrak
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles3 records
Quiktrak technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature3 records
Quiktrak partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- TKS GroupcoreQuiktrak purchased TKS Group (Madrid, Spain) in March 2024, acquiring the CHECKS software platform - a modern, mobile-first, AI-driven tech stack for asset management and audit processes. Luis Benitez (TKS founder since 2006) joined Quiktrak. CHECKS developed in 2014 for retail, financial, and automotive industries.
- Douglas-Guardian Services Corporation (DG)coreQuiktrak, acquired by RCap Equity Partners, merged with Douglas-Guardian Services Corporation effective July 20, 2023. DG, in business since 1932 and full-service collateral company since 1991, provides collateral management, leased equipment inspections, and floor plan inspection services in US and Canada. Bruce Lurie (former DG CEO) appointed to Quiktrak board.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Quiktrak competitors and assessment
Company assessmentBroad incumbents
- SGS SA: SGS is one of the world's largest TIC services companies, providing inspection, verification, testing, and certification across multiple industries. Its asset inspection and verification services overlap with Quiktrak's collateral and equipment inspection offerings, though as part of a global multi-vertical portfolio.
- Intertek Group: Intertek is a major global TIC provider offering asset inspection, quality assurance, and risk-based inspection services. While broader in scope, its inspection capabilities compete with Quiktrak for enterprise clients needing independent field verification across multiple verticals.
- Bureau Veritas: Bureau Veritas is a global Testing, Inspection, and Certification (TIC) leader and Quiktrak's former parent (acquired 2014, divested 2023). It offers overlapping collateral verification and asset inspection capabilities as part of a much broader commodity, marine, and industrial TIC portfolio.
- Cobalt Holdings (now part of CoreLogic): Cobalt provided residential and commercial property inspection services for the mortgage industry before being absorbed by CoreLogic. Its property condition assessment work overlaps with Quiktrak's real estate inspection offering for commercial lenders.
- DEKRA: DEKRA is a leading TIC and certification organization operating worldwide. Its inspection and audit services for industrial, automotive, and consumer products create indirect overlap with Quiktrak's asset inspection and floor plan audit work.
Direct peers
- DataScan: DataScan is a direct competitor providing floor plan inventory auditing and dealer verification services for automotive, powersports, marine, and RV lenders. It overlaps directly with Quiktrak's core Floor Plan Audit & Inventory Management service line and serves the same captive and wholesale finance client base.
- Marston & Marston (Marston Group): Marston provides field investigations, collateral inspections, and asset recovery services for lenders, leasing companies, and floor plan financiers. It serves the same financial services client base as Quiktrak with comparable field-based verification offerings.
- Onicx Inspections: Onicx is a field inspection services firm providing asset verification, condition assessments, and on-site data collection for financial institutions, lenders, and equipment lessees — closely aligned with Quiktrak's Inspection Services line.
- Douglas-Guardian Services Corporation: Douglas-Guardian was a direct peer in collateral management and floor plan inspections before merging into Quiktrak in July 2023. It is listed here to reflect the legacy competitive overlap the merged entity consolidated.
- VRC Investigations: VRC provides mystery shopping, customer experience audits, and field verification services for retail, hospitality, and financial clients. It directly overlaps with Quiktrak's Mystery Shopping Services offering and shares the same enterprise client demographic.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Quiktrak social profiles
Digital presenceQuiktrak financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quiktrak leadership team
Management profileNumber of profiles
Profiles7 records
Quiktrak subsidiaries and ownership
Company hierarchySubsidiaries2 records
Quiktrak funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quiktrak M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Quiktrak
What does Quiktrak do?
Quiktrak provides field inspections, verifications, inventory auditing, and property data collection services for the equipment leasing, commercial lending, wholesale credit, and floor plan financing industries. The company combines its proprietary Revoquest/CHECKS technology platform with a global network of 1,500+ qualified inspectors to deliver over 400,000 audits annually across 32 countries. It offers three engagement models: Full Service (managed auditing), License Only (technology licensing), and Combination (hybrid).
Is Quiktrak a public or private company?
Quiktrak is a private company. It is classified as private equity controlled and is currently operating.
When was Quiktrak founded?
Quiktrak was founded in 1991. It employs 251 to 500 people.
Where is Quiktrak based?
Quiktrak is headquartered in Beaverton, United States, in the North America region.
How does Quiktrak make money?
Four revenue lines are on record. Inspection Services are the primary driver. The others are floor Plan Auditing, mystery Shopping Services and risk Management Technology Licensing.
Who are Quiktrak's main competitors?
Broad incumbents on record are SGS SA, Intertek Group, Bureau Veritas, Cobalt Holdings (now part of CoreLogic) and DEKRA. Direct peers are DataScan, Marston & Marston (Marston Group), Onicx Inspections, Douglas-Guardian Services Corporation and VRC Investigations.
Does Quiktrak have an API?
No public API is recorded for Quiktrak.
What industry is Quiktrak in?
Quiktrak's product category is Asset Inspection & Floor Plan Auditing Services. Its primary akta.pro industry code is BPAHALAI, Due Diligence & Investigative Research, with a secondary code of BPAHAFAO, Compliance Technology, GRC Platforms & Controls Automation Advisory. Its NAICS code is 541380 and its SIC code is 8742.