Columbia River Partners (“CRP”) is proud to announce its investment in Business Solution Partners (“BSP”), a software development firm and certified Oracle NetSuite Solution Provider Partner with a focus on financial automation. Servicing a dynamic global portfolio across an array of verticals, BSP has SaaS implementation and customization expertise with ERP, CRM, E-Commerce, Fintech and Martech solutions for scaling organizations. In addition to their core NetSuite practice, BSP maintains strong partnerships with Workday, HubSpot, Avalara, Bill.com, Divvy, FloQast and dozens of other full-stack SaaS solutions.
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Headquartered in New York, Business Solution Partners will remain under the helm of Chief Executive Officer David Smooha. “Throughout this process, Columbia River Partners has demonstrated their expertise and deep understanding of the external, internal and—most importantly—the technological drivers that shape our organization and those we serve,” said BSP’s CEO David Smooha, CPA. “CRP’s focus on and familiarity with technology, in particular their interest in NetSuite, is what stood out for us.”
Entering this partnership, BSP is excited to commit further resources to their proprietary verticalized solutions and high-value technology bundles for which the firm is known, as well as the opportunity to bring comprehensive technology solutions to new audiences in untapped markets.
Nathan Chandrasekaran and Pooneet Goel, Partners at Columbia River Partners added, “Through David’s leadership and dedication, BSP has grown into a leading player in the NetSuite ecosystem, plus adding new partners such as HubSpot and Adaptive. We look forward to partnering with BSP management to grow the business organically and through acquisitions.”
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Capital to support the transaction was provided by Centerfield Capital Partners and Everside Capital Partners. BSP was represented in this transaction by RoseBiz and Reitler Kailas & Rosenblatt LLP. CRP was represented by Holland & Knight LLP. Centerfield Capital Partners and Everside Capital Partners were represented by Ice Miller LLP.
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