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Expenditure delivers progress funds to go on to scale company and develop operations.
SALT LAKE Town & DENVER, April 19, 2022–(Small business WIRE)–AuctionIQ (AIQ), a main technological innovation enabled value management and profitability advancement firm, declared these days that it experienced acquired an investment decision from Copley Equity Associates, a private investment business centered on giving cash and resources to center industry businesses with robust development opportunities. Terms of the transaction were not disclosed.
The expense by Copley will permit AIQ to speed up its progress and continue on to commit in both equally processes and people. Copley also provides a track history of helping very similar providers build out the purposeful areas vital to scale a technological know-how enabled solutions enterprise.
“We are psyched to husband or wife with Copley to propel our small business to the upcoming stage of growth while continuing to deliver exemplary discounts and service to our consumers and present fulfillment at market-main amounts,” stated Brad Buxton Founder and Chief Govt Officer of AuctionIQ. “We’ve developed so much in excess of the past couple of many years primarily based solely on the referrals of our consumers and the perseverance and excellent concentration of our staff. We come to feel that we are poised to provide our services to a broader group of clientele primarily based on the powerful response from our current shoppers – and Copley is the right partner to help us to do that.”
Jan Prokop, a Principal at Copley Fairness Companions, who will be a part of AIQ’s Board of Directors, commented: “The AIQ team has finished an superb career at delivering a differentiated provider giving and very impactful success for customers as perfectly as offering market top client provider. We are excited to help the Organization continue on to improve its client foundation and establish out its crew to help this expansion.”
About AuctionIQ
For above 35 a long time, the AIQ staff has assisted shoppers enhance their profitability and enterprise price by materially minimizing prices and increasing scalability. AIQ specializes in making marketplace-foremost cost savings on a worldwide scale, impacting the price tag and effectiveness of engineering-centric IT companies in around a hundred categories, this sort of as cloud, SaaS, digitization, and significant information by means of the software of its exceptional instruments and company processes. It is patented technological know-how and company system system makes certain most discounts for customers, while measurably bettering quality, support amounts, and technical specs. www.AIQ.co
About Copley Equity Partners
Proven in 2012, Copley is a non-public financial commitment agency with offices in Denver and Boston. Copley partners with escalating, decreased-center current market non-public firms. The organization invests out of an evergreen, one family office environment cash foundation and is relaxed in each the vast majority and minority possession positions. Copley’s individual and versatile money base allows the firm to give just about every portfolio organization sizeable support submit expenditure. www.copleyequity.com
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20220419005101/en/
Contacts
AuctionIQ
Brad Buxton, (844) 282-8466
[email protected]
Copley Fairness Partners
Jan Prokop, (720) 439-8499
[email protected]
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