FES Tech leader expands to Atlanta to support rapid growth
ATLANTA and JACKSONVILLE, Fla., (Oct. 19, 2020) – AutoQuotes, the leader in technology and software for the foodservice equipment and supplies industry (FES), recently opened a new office in Atlanta to accommodate the tech company’s growth and leverage the city’s high-tech talent pool. This expansion will allow AQ to expedite the continued development of its cutting-edge technology solutions that create order, reduce friction, and make connections for its customers.
Since its 2018 acquisition by Luminate Capital Partners, AQ‘s accelerated growth has required additional resources to meet the growing demand from AQ’s 900 manufacturers and more than 22,000 subscribers. In addition to the corporate headquarters in Jacksonville, Florida, and its established office in Birmingham, U.K. that serves the UK and Europe, the newly renovated space in Atlanta’s Buckhead area adds 4,250 square feet to AQ’s footprint. The new office is adjacent to Atlanta’s Tech Village and a short drive from leading higher education institutions like the Georgia Institute of Technology.
“This represents an exciting time of growth and rapid product development at AQ. Our team has grown exponentially in the last year and this was a necessary step to support AQ’s current trajectory,” said Jim Contardi, CEO of AQ. “The Metro Atlanta area is rich with talent and we’ve chosen a space recognized as the epicenter of technology innovation in Atlanta.”
Christian Devlin, Senior Vice President with CBRE, brokered the deal on behalf of AQ.
“This expansion is a testament to the strength of Atlanta’s tech talent base,” said Mr. Devlin. “AQ’s new office in Buckhead is located in an area well known for its early and growth-stage tech companies, and further solidifies the importance of co-location in the pockets of the city where tech companies thrive.”
The expansion follows recent company milestones, including AQ’s 30th anniversary and the recent launch of several new products aimed at reducing friction in the FES industry, including the AQ Products API and AQ Pay. AQ Pay, powered by Currency, is a new no-cost FinTech solution that expedites the payments and financing process for AQ dealers by providing their customers access to instant payment options and equipment financing right from an AQ quote.
To learn more about AQ, visit www.AQ-FES.com.
3525 Piedmont Rd. NE, Bldg. 8, Suite 520
Atlanta, GA 30305
AutoQuotes, LLC is the leading provider of technology solutions and services for the foodservice equipment and supplies industry, including an online CPQ platform for quotation and design applications, along with industry-leading data and integration products. With offices in Atlanta and Jacksonville in the U.S. and Birmingham in the U.K., the company serves customers throughout the Americas, the United Kingdom, and Europe. AQ is a portfolio company of Luminate Capital Partners. Learn more at www.AQ-FES.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction, and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.