Cordance Strengthens Portfolio with Acquisition of DQ Technologies

Strategic acquisition expands Cordance’s capabilities in logistics, fleet management, and mobile workforce solutions for the wholesale distribution industry.

Raleigh, NC – July 17, 2025 – Cordance today announced the acquisition of DQ Technologies, a long-established provider of logistics and fleet operations software. The acquisition strengthens Cordance’s ability to serve the industrial distribution industry and adjacent sectors.

DQ Technologies offers a suite of integrated tools—including order tracking, real-time GPS monitoring, vehicle maintenance management, and mobile workforce applications—designed to optimize logistics and fleet operations. The company’s solutions integrate seamlessly with ERP and POS systems, enhancing efficiency and customer satisfaction.

“I couldn’t be happier to welcome DQ Technologies to the Cordance family,” said Caroline Morris, Chief Executive Officer at Cordance. “Their deep expertise in fleet and delivery operations has long delivered proven results for distributors—helping them improve accuracy, reduce costs, and reinvest in their own growth. We’re looking forward to working side by side with the DQ team to serve our industrial and wholesale customers even better, and to expand access to a tool we truly believe in.”

“Joining Cordance marks a significant milestone for DQ Technologies,” said Charlie Hansen, President of DQ Technologies. “We’re excited about the opportunities ahead to scale our impact, innovate faster, and bring even greater value to the customers we’ve served for over three decades.”

The acquisition reinforces Cordance’s commitment to investing in high-impact software solutions for wholesale and industrial distributors. By integrating DQ Technologies’ delivery, fleet, and workforce management capabilities, Cordance will offer distributors a more holistic platform to streamline operations, reduce complexity, and improve customer satisfaction.

About DQ Technologies
Founded in 1992, DQ Technologies delivers end-to-end logistics and field operations software—including delivery tracking, GPS fleet monitoring, vehicle maintenance, and mobile workforce tools. Its platform is trusted across the automotive aftermarket, building materials, wholesale distribution, and public sector industries to improve efficiency and elevate service performance. Learn more at DQTech.co

About Cordance:
Cordance is a collective of quality products that acquire and accelerate the growth of vertically-focused, B2B SaaS companies by investing in their products, processes, and people—for the long-term. Cordance seeks businesses with strong teams we can partner with to drive long-term success, while continuing to prioritize and deeply care about the needs of our customers. Cordance’s community of vertical software and subject-matter experts solve the needs that horizontal providers cannot. Visit Cordance.co to learn more.