CPE News (11/26/2020) – FastSpring, a portfolio company of Accel-KKR, has acquired SalesRight. The transaction closed in early November and financial terms were not disclosed.
Founded by Bill Wilson and Taylor Bond, Halifax, Nova Scotia based SalesRight helps SaaS sales teams close deals faster with Interactive Live Quotes.
SalesRight had been backed by Concrete Ventures
Santa Barbara, California based FastSpring is a leading full-service ecommerce partner for software and SaaS companies.
In February 2018 Accel-KKR, acquired a majority stake in FastSpring.
photo credit: SalesRight
FastSpring Acquires SalesRight to Support Next Generation of Software Ecommerce
The full-service ecommerce provider expands its commerce capability with the acquisition of SalesRight, a SaaS solution for B2B sales teams, to deliver a unified software ecommerce solution for B2C and B2B businesses.
SANTA BARBARA, California – November 19, 2020 – FastSpring, the leading full-service ecommerce partner for software and SaaS companies, today announced its acquisition of SalesRight, a SaaS solution that provides interactive quoting and digital signature tools for B2B sales teams. The addition of SalesRight enables FastSpring to expand its capabilities with a unified ecommerce solution for B2C and B2B software businesses.
“As we welcome SalesRight to FastSpring, we believe this acquisition supports our vision and strategy to broaden our solution and be the leading ecommerce solution for software companies selling to both businesses and consumers,” said David Nachman, CEO, FastSpring.
SalesRight was founded in 2018 by SaaS industry veterans Bill Wilson and Taylor Bond to address complex SaaS pricing with intelligent pricing solutions. SalesRight’s interactive quoting and digital signature tools help sales reps simplify and accelerate the sales process which in turn increases productivity and effectiveness of sales teams overall.
“Bringing SalesRight and FastSpring together is a game-changer for SaaS companies,” said Bill Wilson, Co-Founder and CEO of SalesRight. “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 ecommerce platform for software companies.”
FastSpring is a trusted ecommerce partner for companies that sell software around the world. Companies using FastSpring’s full-service ecommerce solution sell more, stay lean, and compete big. Founded in 2005, FastSpring is a privately owned company headquartered in Santa Barbara with an office in Amsterdam. For more information, visit https://www.fastspring.com.
SalesRight helps SaaS sales teams close deals faster with Interactive Live Quotes. Quotes provide prospects with interactive buying experiences backed by sales psychology, while serving up the analytics sales teams need to accelerate the deal to close. Sales reps save 10+ hours a month by replacing pricing spreadsheets, slide decks and proposals with SalesRight. For more information, visit https://www.salesright.co.