Scaleworks Acquires SearchSpring

February 4, 2021

Scaleworks, a San Antonio-based venture equity firm, has acquired SearchSpring, an 11-year-old provider of AI/ML-powered e-commerce site search and merchandising solutions. SearchSpring founder and CEO Gareth Dismore will depart and Scaleworks has named retail-technology veteran Peter Messana as CEO to accelerate product and go-to-market expansion for SMB and direct-to-consumer retailers.

Buyers
Scaleworks
Targets
SearchSpring
Industry
Cloud & SaaS
Location
Colorado, United States
Transaction Type
Buyout

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