Quorum, a software firm specializing in public affairs solutions, has partnered with Serent Capital to accelerate growth through enhanced operational support and strategic acquisitions.
Information on the Target
Quorum is a prominent software company co-founded by Alex Wirth and Jonathan Marks, specializing in solutions for public affairs teams. The company focuses on legislative tracking, grassroots advocacy, and stakeholder engagement, positioning itself as a critical resource in the government technology sector. Under the leadership of Wirth and Marks, Quorum has seen significant growth, expanding its workforce to over one hundred employees.
As Quorum faced increasing operational challenges, the need for partnership became clear. The co-founders sought to bring on a strategic partner to facilitate their next phase of growth and development. Serent Capital emerged as the ideal ally, offering extensive resources and expertise tailored to scaling businesses like Quorum.
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Industry Overview in the Target’s Specific Country
Quorum operates within the government technology industry, a sector experiencing robust growth as public affairs increasingly rely on technology for efficiency and effectiveness. In the United States, where Quorum is based, the
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Quorum
invested in
CisionPAC
in 2023
in a Growth Equity & Expansion Capital deal