Fishbowl Inventory Acquires Sellware

Fishbowl, an Orem, UT-based provider of ERP Software for small-to-mid and mid-to-enterprise sized businesses, and a portfolio company of Diversis Capital, acquired Sellware, a Cary, NC-based provider of an international multi-channel e-commerce for small-to-mid sized businesses.

The amount of the deal was not disclosed.

With the acquisition, Fishbowl will address the e-commerce needs of its current customers and expand into new markets for future growth. Current users of Sellware can expect no changes in the day-to-day utilization or functionality of the software.

Led by Anthony Musselwhite, Founder and CEO, Sellware provides inventory management and order management systems, paired with a marketplace listing solution, helping clients grow revenue at scale and streamlining day-to-day operations across ecommerce shopping carts, marketplaces, and ERP systems.

Founded in 2001 and led by Peter Osberg, CEO, Fishbowl Inventory is a flexible and affordable ERP software solution for small-to-mid and mid-to-enterprise sized businesses. The company offers both SaaS and desktop software solutions with hosted capabilities, robust accounting integrations, and embedded payment processing. Over the last 22 years, Fishbowl has served businesses across hundreds industries efficiently manage inventory, warehousing, and manufacturing processes in a single platform.

Last year, Fishbowl acquired Red Salt, its largest distribution partner located in Brisbane, Australia.

FinSMEs

05/02/2023