Fishbowl Inventory

Fishbowl Inventory
TypePrivate
IndustrySoftware
Founded2001; 25 years ago (2001)
HeadquartersOrem, Utah, United States
ProductsInventory Management Software
Number of employees
150 (January 2018)
Websitefishbowlinventory.com

Fishbowl is a software company based in Orem, Utah. It develops and publishes Inventory management software that provides Inventory control features and integrates with accounting platforms such as Intuit QuickBooks and Xero.

History

Fishbowl was founded in 2001 by Chuck and Beverly Hale. In 2004, David K. Williams was appointed CEO and Fishbowl released an inventory management tool integrated with QuickBooks and Xero.

In May 2011, Fishbowl's management and employees completed a buyout of the founders' stake, financed by Zions Bank.

In December 2021, Fishbowl was acquired by Diversis Capital, a private equity firm. Following the acquisition, Fishbowl began to acquire other companies. In 2022, it purchased Red Salt, its Australian distribution partner, to serve as its Asia-Pacific headquarters. In early 2023, Fishbowl acquired Sellware, a multi-channel e-commerce platform.

Products

Fishbowl develops two main software products: Fishbowl Inventory and Fishbowl Manufacturing. Fishbowl Inventory provides businesses with real-time inventory tracking, order management, and warehouse tools. Fishbowl Manufacturing includes all features of Fishbowl Inventory, along with manufacturing-specific capabilities, and integrates with Intuit QuickBooks and Xero.

References

  1. ↑ "2013 Utah Valley Business Award winners".
  2. ↑ "Fastest-Growing Companies". Utah Valley BusinessQ. Spring 2008. Archived from the original on May 18, 2011.
  3. 1 2 3 4 Harvey, Tom (August 8, 2011). "Employee ownership key to software maker revival". The Salt Lake Tribune.
  4. ↑ "Fishbowl CEO: How We Survived a Series of Disasters".
  5. ↑ Wilkinson, Rhett (August 16, 2011). "CEO finds living in a Fishbowl has its rewards". Deseret News.
  6. ↑ Lee, Jasen (December 30, 2011). "Orem company Fishbowl celebrates success by paying back $1M loan". Deseret News.
  7. 1 2 3 Mitchell, Rick (December 3, 2021). "O'Melveny Helps Diversis Capital Buy Inventory Manager Fishbowl".
  8. ↑ "Fishbowl Inventory buys Red Salt". Salt Lake Business Journal. September 10, 2022.
  9. ↑ "PE firm buys Cary e-commerce company; CEO predicts new tech jobs". Triangle Business Journal. February 6, 2023.