These functions consume a significant amount of time and attention from entrepreneurs who have a limited time and budget. ESM helps these small businesses manage their financial and CRM-related processes such as invoicing, expense management, booking appointments, automated customer communication, contract digital signing, embedded forms, notifications, and more. We expect this acquisition will provide significant benefits to small businesses, allowing them to streamline and automate their marketing and business processes, save time and money, and focus on growing their business."įounded in 2013, ESM has more than 150 customers, primarily comprised of small services-oriented businesses from various industries. ESM has built a comprehensive suite of complementary business productivity solutions which we believe our customers will derive tremendous value from as part of Wishpond's product offering.
We've begun to look at new tuck-in acquisition opportunities once again, and we are really excited about adding ESM as it furthers our mission to help small businesses grow and succeed. With this Acquisition, Wishpond has added another piece to its goal of offering a complete end-to-end customer lifecycle solution to small businesses which streamlines and automates their sales, marketing, and business management processes.Īli Tajskandar, Chairman and CEO of Wishpond, commented on the acquisition, "We are extremely happy to announce our first acquisition of the year and the sixth acquisition since going public in December of 2020. Based out of Wilmington, Delaware, ESM is a provider of business management software, including invoicing and customer relationship management (" CRM") solutions for small businesses in the services industry.
(TSXV: WISH) (OTCQX: WPNDF) (the " Company" or " Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce that it has completed the acquisition (the " Acquisition") of certain assets of Essential Studio Manager LLC ( "ESM"). VANCOUVER, BC, /PRNewswire/ - Wishpond Technologies Ltd. In addition to bringing more than 150 customers into the Wishpond family, the acquisition of Essential Studio Manager ("ESM") expands Wishpond's award-winning 'all-in-one' sales and marketing technology platform with additional new business management and CRM functionality.
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