Quire, the best-in-class technical report writing platform, announced today a significant growth investment from SSM Partners, a Memphis-based growth equity firm with extensive experience partnering with and scaling innovative technology businesses. The additional capital will enable Quire to elevate its report writing platform by accelerating its investment in product innovations, customer service, and market expansion.
Quire’s technical reporting software automates report generation for industry-leading consulting firms across dozens of industries, including environmental consulting, commercial real estate, engineering and construction, insurance, and financial services. The intuitive platform uses template optimization tools, workflow automations, and time-saving features to streamline report writing, reducing report generation time by an average of 40%. Companies that adopt Quire improve efficiency, compliance, and profitability while elevating report quality. Since its founding in 2011, Quire has partnered with thousands of report writers to deliver hundreds of thousands of critical reports.
“Quire has always been committed to innovating and enhancing the technical report platform our clients love and value,” said Kelly L. Stratton, Quire founder and CEO and a recognized leader and influencer in the sector. “We’re excited to take the next step in aggressively investing in our business, leveraging SSM’s years of experience scaling software companies to speed up our product innovations and bring the power of the Quire report writing ecosystem to more users and more service lines. The industries we serve are at a technological tipping point and Quire will allow them to put their best, most competitive foot forward.” New product investments will span the entire range of Quire capabilities, including QuireSight, its powerful analytics platform.
“The Quire team is clearly committed to delivering the number one technical report writing software and has already built a strong, loyal base of customers who love the product and value continued enhancements,” said Hunter Witherington, partner at SSM Partners. “Given that the challenges of labor constraints and increasing reporting requirements are not going away any time soon, we know there is a large, growing market for a best-in-class report writing platform. We look forward to partnering with Kelly and the Quire team to enhance this industry-leading solution and greatly expand its adoption.”
Fairmount Partners served as the exclusive financial advisor to Quire.
About Quire
Quire is the premier technical report writing software and is trusted by thousands of consultants around the globe and across dozens of industries. Quire’s intuitive platform streamlines the report writing process to ensure consistent, high-quality report deliverables. Quire’s innovative tools help relieve existing pain points, while its staff of industry experts work closely with clients to evolve their workflow processes, thus saving hours of time on each report. Additionally, Quire’s Big Data metrics reveal valuable insights into Clients’ report editing times versus industry benchmarks, allowing for data-driven decisions that improve the bottom line. Find out how Quire is driving the future of technical report writing to meet evolving industry demands by visiting http://www.openquire.com.
About SSM Partners
SSM invests in rapidly growing companies within software and tech-enabled services across B2B and healthcare. The growth equity firm has partnered with talented entrepreneurs for more than 20 years. Starting with a relationship built on trust, SSM makes strategic growth investments and offers its partners a thorough understanding of the growth company lifecycle and a collaborative approach to building great businesses. For more information, please visit http://www.ssmpartners.com.
About Fairmount Partners
Fairmount Partners (www.fairmountpartners.com) is an independent merger and acquisition advisory firm focused on emerging growth and middle-market companies. Fairmount helps its clients complete mergers and acquisitions, raise funds for growth, acquisitions and liquidity, and design and improve their corporate development strategies. Fairmount’s clients include successful entrepreneurs, private equity-sponsored enterprises, and global public companies. Since 2003, Fairmount has completed more than 270 transactions, representing over $15 billion in aggregate value, in 22 countries throughout North and South America, Europe, Asia and Australia.
