Monday, February 23, 2009

IQNavigator Claims Record Growth

Denver-based IQNavigator, which develops software and services geared towards managing outsourced labor, is reporting this morning that it had "record results" in 2008, with a 52 percent increase in its revenues over 2007. Actual financial were not released by the privately held firm. The firm said that the growth came from both new client wins in 2008, as well as increase in spend by its existing clients. IQNavigator is owned by private equity firm GTCR Golder Rauner LLC, which purchased the firm in June of 2008.