Fishbowl lnventory, a provider of enterprise resource planning software for small-to-enterprise-sized businesses and a portfolio company of Diversis Capital, has announced that it has acquired Sellware, a leader in international multi-channel e-commerce for small and mid-sized businesses based in Cary, North Carolina. Fishbowl is headquartered in Orem.
Founded in 2001, Fishbowl Inventory offers both SaaS and desktop software solutions with hosted capabilities, accounting integrations and embedded payment processing. It serves diverse industries with{mprestriction ids="1,3"} inventory management, warehousing and manufacturing.
Founded in 2004, Sellware provides inventory management and order management systems, paired with a marketplace listing solution.
“The acquisition of Sellware will enable Fishbowl to promptly address the e-commerce needs of our current customers and swiftly expand into new markets for future growth,” said Peter Osberg, CEO of Fishbowl.
Last year, Fishbowl acquired Red Salt, its largest distribution partner, located in Brisbane, Australia.
Anthony Musselwhite, founder and CEO of Sellware and now a member of the Fishbowl senior management team, said, “This is an exciting opportunity to accelerate innovation and increase the value of the Sellware platform for our customers and partners worldwide. We are thrilled to join the talented team at Fishbowl and partner with Diversis Capital to further expand the capabilities of our industry-leading solution.”
Fishbowl said current users of Sellware can expect no changes in the day-to-day utilization or functionality of the software.{/mprestriction}
