FORM.com Acquires GoSpotCheck in Carveout

Gemspring Capital Acquires Trax's Image Recognition Business and Combines It with FORM (GoSpotCheck)

February 12, 2026

AI & Machine Learning

Trax Ltd. has divested its non-China Image Recognition (IR) business to an affiliate of Gemspring Capital. The acquired unit will be merged with FORM (creators of GoSpotCheck and FORM OpX) to form a combined company focused on retail execution and shelf intelligence, while Trax Ltd. retains Shopkick, Survey and LenzTech and pursues a more focused portfolio strategy.

Gemspring Capital Acquires FORM and Trax Retail and Merges Them into a Global Retail Execution Leader

February 4, 2026

Cloud & SaaS

Gemspring Capital has acquired both FORM and Trax Retail and is merging the two companies to create a combined global provider of retail execution, image recognition, and shelf-level insights. The merged company will integrate Trax's AI-powered image recognition with FORM's GoSpotCheck and FORM OpX products to expand capabilities, accelerate innovation, and broaden geographic reach for CPG and retail customers.

Diversis Capital Acquires WorldAPP (Form.com & Key Survey)

December 23, 2019

Cloud & SaaS

Diversis Capital Partners I LP, a Los Angeles-based private equity firm, has acquired WorldAPP, the Braintree, Massachusetts provider of the Form.com mobile workflow platform and Key Survey enterprise survey software. Diversis will supply growth capital and operational support to extend WorldAPP's platform capabilities and accelerate market penetration across industries such as oil & gas, financial services, retail, and restaurants.

Visiqua Acquires FlipForms

July 19, 2021

Cloud & SaaS

Visiqua, a Boulder-based performance marketing company, has acquired FlipForms, a lead form builder and automation management platform launched in 2019. The acquisition integrates FlipForms' multi-step form, A/B testing and enterprise lead-management capabilities into Visiqua's offering to provide end-to-end campaign creation and access to Visiqua's private lead-generation marketplace.

Formstack Acquires Formsite

December 11, 2023

Cloud & SaaS

Formstack, a PSG- and Silversmith-backed workflow automation SaaS provider, has acquired Formsite, a Chicago-area online forms and surveys provider. The acquisition expands Formstack’s data-capture and forms capabilities, giving Formsite customers access to Formstack’s broader workflow automation, document generation, and eSignature tools.

NetApp Acquires Spot

June 3, 2020

Cloud & SaaS

NetApp has entered into a definitive agreement to acquire Spot (formerly Spotinst), a provider of cloud compute management and cost-optimization software, to establish leadership in Application Driven Infrastructure. The acquisition pairs NetApp’s shared storage platform with Spot’s continuous optimization platform to help customers reduce cloud compute and storage costs and accelerate public cloud adoption; the deal is expected to close in the first half of NetApp’s fiscal year subject to customary approvals.