1-requested desktop and online manufacturing and warehouse management solution for QuickBooks, as well as a popular standalone solution for organizations or enterprises looking to track assets. Now Capital Advisors, LLC acted as the sell-side advisor to Fishbowl through the transaction.īased in Orem, Utah, Fishbowl is the No. This transaction is a great validation of our people, platform and market leadership and will help us accelerate product investment to meet growing customer demands." John David King, CEO of Fishbowl, said, "While we were not actively seeking to sell the company we were approached by Diversis and were impressed by their team's knowledge of our business and enthusiasm to invest in our products, our team, and our customers to bring our solutions to more companies around the globe. In addition, we are actively identifying strategic add-on acquisitions to broaden the product portfolio." We also see significant opportunities to build Fishbowl internationally by accelerating the launch of new SaaS product offerings, focusing on e-commerce, and growing the hosting business.
FISHBOWL INVENTORY FORUM SOFTWARE
Based in Orem, Utah, the company has over 200 employees.ĭiversis Co-Founder and Managing Partner, Ron Nayot, said, "Over the past 20 years, the team has built Fishbowl into a leading provider of inventory management software and we are anxious to further build the manufacturing and warehouse businesses. Fishbowl also offers a remote server-hosting solution allowing users to view inventory data from any location. Fishbowl Warehouse helps automate order creation, control inventory flow, manage multiple warehouses Fishbowl Manufacturing provides complete manufacturing inventory management to maximize efficiency in the production process and Fishbowl Online inventory management software includes stock alerts, reordering and other tools to maximize production efficiency. Its core products include – Fishbowl Warehouse, Fishbowl Manufacturing, and Fishbowl Online. 1-requested automated solution for QuickBooks users.įounded in 2001, Fishbowl is the #1 desktop inventory management software for QuickBooks customers. 1, 2021 /PRNewswire/ - Diversis Capital Management, LP ("Diversis" or the "Firm"), a Los Angeles-based private equity firm focused on investing in software and technology-enabled services organizations, today announced that it has acquired Fishbowl, the No. Diversis Capital Announces Acquisition of Fishbowlĭiversis Capital Announces Acquisition of Fishbowl Solutions Automate Warehouse Operations, Manufacturing Inventory Management, And Maximize Production Efficiency