Simplus, a Sandy-based provider of quote-to-cash software solutions, has acquired business consulting firm Basati of Orlando, Florida, in an effort to increase implementation support in the financial services industry, the company has announced.
“This acquisition will expand our presence in the Southeast, both in Florida and Atlanta,” said Ryan Westwood, CEO of Simplus. “We have already seen a large impact on the growth of our managed services business.”
Tim Smith, CEO of Basati, will join Simplus as a senior account executive.
“I am excited to work with Simplus, especially because of the industry expertise, customer service focus and resources of the implementation team,” said Smith. “We can now serve our current Basati clients even better and do more for the industry because we have the talent and backing of the Simplus team.”
Since receiving funding last year, Simplus has continued to see strong growth with its previous acquisitions of BaldPeak and EDL Consulting. The company has also recently opened an international office in the Philippines and has announced the creation of 100 more jobs.
