Fishbowl Inventory, a desktop, online manufacturing, and warehouse managment service provider and portfolio company of Diversis Capital Management, has acquired Red Salt.
Red Salt is the exclusive distribution partner of Fishbowl across Australia, New Zealand, and Singapore. The deal combines Fishbowl’s units and its business for inventory management software for small businesses.
“Red Salt, led by its founder Simon Jupe, has been an integral partner for us, having served as our exclusive distributor in the Asia-Pacific region since 2011,” said Peter Osberg, CEO of Fishbowl. “We couldn’t be happier to have Red Salt join the Fishbowl Family. The addition of Red Salt will allow us to more closely coordinate our efforts to better serve customers in that region, and expand our market-leading position.”