BQE, a leading cloud-based software provider to professional service firms, recently announced that the company received a significant investment from Serent Capital, a growth-focused private equity firm that invests in technology and tech-enabled software companies.
Since its founding in 1995 as a time billing and project management provider for professional services firms, BQE Software grew to include both architecture and engineering industries and added project accounting and human resource management to its list of offerings. In 2017, BQE launched BQE CORE, a comprehensive, cloud-native, business management platform.
BQE Core’s popularity and potential garnered the interest of private equity investors. “While BQE is already an exceptionally successful company, we are delighted to be partnering with Shafat (Qazi, CEO & Founder of BQE Software) and the entire BQE team to amplify that success to further grow the company,” stated Kevin Frick, Partner at Serent Capital.
Click here to learn more about BQE Software and BQE Core.