PDQ.com, a Salt Lake City, UT-based provider of IT asset management software for small and medium-sized businesses, received an investment from TA Associates.
The amount of the deal was not disclosed.
TA, together with the PDQ founders and executive management team, plan to accelerate PDQ’s growth as the company aims to expand its portfolio of easy-to-use IT asset management and scanning software solutions.
Founded in 2001 by Shane Corellian and Shawn Anderson, PDQ provides software for system administrators and IT professionals. The company’s primary products are PDQ Deploy, an automated patch management, software update and endpoint communications application; and PDQ Inventory, an endpoint information collection and reporting application for software, hardware and Windows configuration data. The company serves more than 18,000 customers across a variety of industries, including education, technology, manufacturing, and government.
PDQ has 80 employees.
About PDQ.com
Through its PDQ Deploy and PDQ Inventory products, PDQ helps system administrators keep machines up to date so they can focus their time and energy where it’s needed most. PDQ Deploy helps automate patch management without bothering end users, while PDQ Inventory tracks and organizes hardware, software, and Windows configuration data. Founded in 2001, PDQ.com is headquartered in South Salt Lake, Utah. For more information, please visit .
About TA Associates
TA is a leading global growth private equity firm. Focused on targeted sectors within five industries – technology, healthcare, financial services, consumer and business services – the firm invests in profitable, growing companies with opportunities for sustained growth, and has invested in more than 550 companies around the world. Investing as either a majority or minority investor, TA employs a long-term approach, utilizing its strategic resources to help management teams build lasting value in high quality growth companies. TA has raised $47.5 billion in capital since its founding in 1968 and is committing to new investments at the pace of over $3 billion per year. The firm’s more than 100 investment professionals are based in Boston, Menlo Park, London, Mumbai and Hong Kong. More information about TA can be found at www.ta.com.
Stephen Fishleigh
Director