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Quiktrak Purchases TKS Group, Acquires CHECKS Auditing Software

byRita Garwood
March 27, 2024
in Deals, EF News
Reading Time: 1 min read
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Fresh off merging with Douglas-Guardian and leaving the Bureau Veritas Group in 2023, Quiktrak purchased the TKS Group, based in Madrid, Spain, effective March 8. The purchase brings TKS’s CHECKS software, a mobile-first, AI-driven technology stack, under the Quiktrak umbrella.

“We’re thrilled to move to the CHECKS platform,” Eric Lindstrom, vice president of technology at Quiktrak, said. “Luis Beneytez and the entire TKS team have developed a great software package, similar to how Quiktrak would go about it were my team to reimagine the ideal auditing and inspection software. Rather than updating our current platform, CHECKS is a ready-made suite of best-in-class tools. I can’t wait to introduce it to clients.”

Beneytez, who founded TKS in 2006, developed CHECKS in 2014 as an end-to-end technology solution for managing assets and audit processes.

“I couldn’t be happier to join forces with Quiktrak,” Beneytez said. “With Quiktrak’s extensive network of tenured inspectors and TKS’s CHECKS platform, we can provide advanced insights and risk management to customers anywhere in the world. I think it’s a game-changer for the industry.”

Founded in 1991 and acquired by Rcap Equity in 2023, Quiktrak delivers more than 40,000 audits annually utilizing its network of more than 1,500 qualified inspectors throughout the U.S., Canada, the UK, Ireland, Europe, Australia, New Zealand and Southern Africa.

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