June 23, 2024

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Epicurean computer & technology

AuctionIQ, a Leading Technology Enabled Cost Management and Profitability Improvement Company, Announces Investment from Copley Equity Partners

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Investment gives development funds to go on to scale business and increase functions.

SALT LAKE Town & DENVER, April 19, 2022–(BUSINESS WIRE)–AuctionIQ (AIQ), a foremost technologies enabled price administration and profitability improvement enterprise, declared today that it had received an investment decision from Copley Equity Associates, a private expenditure organization targeted on furnishing money and sources to center marketplace corporations with strong advancement opportunities. Phrases of the transaction ended up not disclosed.

The financial commitment by Copley will permit AIQ to accelerate its growth and continue to invest in equally procedures and men and women. Copley also brings a monitor file of helping equivalent companies construct out the useful areas needed to scale a technological innovation enabled providers business.

“We are enthusiastic to husband or wife with Copley to propel our business to the up coming phase of development even though continuing to produce exemplary personal savings and provider to our consumers and deliver gratification at business-main concentrations,” said Brad Buxton Founder and Chief Govt Officer of AuctionIQ. “We’ve grown so significantly about the past couple of many years centered only on the referrals of our consumers and the dedication and quality target of our crew. We come to feel that we are poised to provide our companies to a broader team of customers based mostly on the strong response from our latest shoppers – and Copley is the suitable associate to assist us to do that.”

Jan Prokop, a Principal at Copley Fairness Companions, who will be a part of AIQ’s Board of Administrators, commented: “The AIQ team has completed an great occupation at providing a differentiated company giving and hugely impactful final results for shoppers as very well as offering field leading customer company. We are enthusiastic to assistance the Business continue on to increase its client foundation and establish out its team to aid this development.”

About AuctionIQ

For over 35 a long time, the AIQ crew has served clientele maximize their profitability and organization value by materially minimizing expenditures and bettering scalability. AIQ specializes in creating business-main cost savings on a world-wide scale, impacting the value and performance of know-how-centric IT companies in about a hundred groups, this kind of as cloud, SaaS, digitization, and huge data through the application of its exceptional resources and business processes. It is patented technologies and business course of action system makes sure utmost cost savings for customers, though measurably enhancing excellent, support ranges, and specifications. www.AIQ.co

About Copley Equity Companions

Founded in 2012, Copley is a non-public investment decision agency with offices in Denver and Boston. Copley partners with rising, lower-middle marketplace non-public organizations. The firm invests out of an evergreen, one household office environment funds foundation and is snug in both of those majority and minority possession positions. Copley’s patient and versatile cash foundation lets the agency to provide every single portfolio organization considerable help submit financial commitment. www.copleyequity.com

Look at source model on businesswire.com: https://www.businesswire.com/news/home/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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