Planet MicroCap Podcast | MicroCap Investing Strategies

Quorum Information Technologies (TSX-V: QIS) (OTC Pink: QIFTF): Product Suite for Franchised Automotive Dealerships Across North America


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My guest on the show today is Maury Marks, President and CEO of Quorum Information Technologies Inc. (TSX-V: QIS) (OTC Pink: QIFTF). Quorum is a North American SaaS Software and Services company providing essential enterprise solutions that automotive dealerships and Original Equipment Manufacturers (“OEMs”) rely on for their operations.

I've known of Quorum for a while now, and they recently jumped on my radar again when then announced a new addition to their Board of Directors, Damien Leonard, which we talk about today; so I invited Maury on to better understand the business, as well as:

  • Their five enterprise solutions: Quorum’s Dealership Management System (DMS), DealerMine CRM, Autovance, Accessible Accessories and VINN Automotive
  • Balancing their desire to accelerate organic growth in the business via cross selling their solutions to existing clients, and how that in turn speeds up their ability to be more acquisitive
  • Current market penetration; well-known in Canada and looking to expand further into the US, plus how they will do that, and;
  • Maury's 3-5 year vision for the company and inflection points that will get them there
  • With that, please enjoy my conversation with Maury Marks, President and CEO of Quorum Information Technologies Inc. For more information about Quorum Information Technologies, please visit: https://quoruminfotech.com/

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