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GetBusy PLC on Thursday announced an acquisition to boost its product offering into the pricing and small-practice management space in the US market. The Cambridge, England-based document management and productivity software provider said it will buy SmartPath LLC, which is a pricing intelligence and revenue optimisation platform for the accounting industry. The acquisition is for an initial payment of $250,000. GetBusy will pay a further undefined sum in 2027, depending on the level of annual recurring revenue attributable to the SmartPath product at the end of 2026. GetBusy Chief Executive Officer Daniel Rabie said: ‘SmartPath’s unique, proprietary insights into pricing, built over 15 years of working with accounting firms, and the revenue optimisation base it has built offers an excellent opportunity for our installed base of over 6,000 US accounting firms to optimise their customer billing and make their firms more profitable.’ GetBusy shares were flat at 63.25 pence each on Thursday afternoon in London. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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