Today has been an exciting day for QuickBase!
If you’ haven’t already heard the news, Welsh, Carson, Anderson & Stowe (WCAS), one of the oldest and most respected growth equity firms, announced it will acquire QuickBase.
Let me start off by saying how incredibly thrilled we are about this transaction.
As a result of the deal we will operate as a stand-alone company called QuickBase, Inc. I'm delighted to be staying on as CEO, bringing with me the team of talented employees and leaders you've been accustomed to working with. I'm also happy to share, that our relationship with Intuit does not end here and Intuit will become one of our largest customers.
We are proud to support your business and know the future holds great opportunity for QuickBase and for you, our customers and partners.
Now, you’re probably asking what this means for you. It’s business as usual. We don’t anticipate any change to how we operate or how we engage with you and we're working hard to ensure a seamless and transparent transition.
We will continue to focus on enabling and empowering citizen developers and their partners and will expand our investments in product development, to further scale our platform and accelerate our roadmap. We will also bolster our marketing and sales efforts to help us strengthen our ecosystem and serve you even better.
We’ll share more about these plans at our annual user conference, EMPOWER 2016 – including details on how we will invest in product development, doubling the funding in the next three years as compared to the prior three years. Be sure to register so you don’t miss out: www.empower2016.com.
We expect the sale to close in the next month, and we're already working hard to ensure a seamless and effective transition. If you have any questions, feel free to reach out to your QuickBase Account Manager, our Care team, or me, directly.
We also invite you to watch the following video from me, which provides additional details around today’s news as well as a brief message from Michael Donovan, the lead investor from WCAS.
This is the beginning of an exciting new chapter in QuickBase’s journey to bring you the best possible products and services.
Thank you for being a loyal QuickBase customer. We look forward to continuing to serve you.
Appointed CEO of QuickBase, Inc.