ASI acquires Fisk Brett
Advanced Solutions International (ASI) has acquired fundraising software specialist Fisk Brett, producers of ProgressCRM. Fisk Brett becomes a wholly-owned subsidiary of ASI. The combined entity, which will be known as ASI, will have more than 3,000 fundraising and membership customers, and 210 employees in seven offices, worldwide.
Already nearly 3000 organisations use ASI’s iMIS not-for-profit management software system.
The acquisition is part of ASI’s plans to target aggressively the UK charitable sector. Managing director of ASI Europe Niroo Rad said: “By combining ASI’s membership heritage with Fisk Brett’s charity fundraising domain expertise, we are putting the foundations in place to become the UK’s leading not-for-profit technology expert and provider”.
The executive management team for ASI in Europe will be led by managing director Niroo Rad, with Fisk Brett co-founder and managing director Robin Fisk taking on responsibility for business development and Fisk Brett co-founder and technical director Ben Brett taking on a role in product development.
Robin Fisk, co-founder and managing director of Fisk Brett, said: “Together, we have more resources to develop, support and service our products, which means we have an exciting opportunity to build on the many trust-based customer relationships that we have established in the last 18 years.”
Ben Brett, co-founder and technical director of Fisk Brett added: “Software development is an expensive business and R&D costs have risen exponentially for all software companies in recent years. By combining our domain expertise with ASI’s development resources, we safeguard our customers’ technology investments, ensuring access to world-class technologies at an affordable price, today and in the future.”
Fisk Brett’s customers include Amnesty International, Sight Savers International, The British Heart Foundation and The Alzheimer’s Society.
Terms of the transaction were not disclosed, but integration is expected to be complete by the end of the year.
www.advsol.com