FastSpring, a Santa Barbara, Calif., provider of e-commerce solutions for software-as-a-service companies, is buying SalesRight, a Halifax startup that offers tools for business-to-business sales teams.
Terms of the deal were not disclosed.
David Nachman, CEO of FastSpring, said in a news release Thursday that the acquisition supports the firm’s vision and strategy.
SalesRight was founded in 2018 by industry veterans Bill Wilson and Taylor Bond. Its interactive quoting and digital signature tools help simplify and accelerate the sales process, which the company claims increases the productivity and effectiveness of sales teams.
FastSpring is a privately owned company with an office in Amsterdam.
"Bringing SalesRight and FastSpring together is a game changer for SaaS companies," said Wilson, CEO of SalesRight, in the release.
"Not only does SalesRight's powerful quoting and digital signature solution perfectly complement the FastSpring offering, but we're completely aligned in building the most complete e-commerce platform for software companies."
FastSpring was founded in 2005 by Dan Engel, Jason Foodman, Ken White and Ryan Dewell as an e-commerce solution for companies selling desktop software.
The addition of SalesRight enables FastSpring to expand its capabilities with a unified e-commerce solution for certain software businesses, according to the release.
“As we welcome SalesRight to FastSpring, we believe this acquisition supports our vision and strategy to broaden our solution and be the leading e-commerce solution for software companies selling to both businesses and consumers,” said Nachman.
