SmartVault has been acquired by Sydney, Australia-based technology solutions provider Reckon Limited, SmartVault CEO Eric Pulaski announced in a statement to customers.
The SaaS provider of online document management and client portal solutions will complement the product and market strategies of Reckon, which provides technology solutions for businesses, accountants and bookkeepers, Pulaski wrote.
SmartVault and Reckon will work together to provide solutions for this market of accountants, bookkeepers and accountants, and SmartVault will continue to exist and operate as it does today.
Pulaski said his management team will continue to guide the company’s strategy and day-to-day operations and “remain firmly dedicated to our customers’ overall success.”
“Reckon's acquisition model is to acquire leading companies and operate them independently, as wholly owned subsidiaries,” Pulaski continued. “SmartVault will continue to operate under its own brand and will maintain its employee base and corporate offices in Houston, Texas. In short – no impact to our customers or our employees.”
Pulaski added that the decision came after careful thought and the transaction will strengthen the SmartVault platform and accelerate the company’s roadmap.
