#Canada #Toronto #Tequity #Kicksaw #Northbound

Northbound Joins Kicksaw to Transform Contract Automation

In a strategic move to enhance contract lifecycle management (CLM) capabilities, Tequity, a top North American M&A advisory firm, has facilitated the acquisition of Northbound by Kicksaw. This transaction marks Tequity's 29th engagement within the Salesforce ecosystem, underscoring their prominence in guiding technology firms toward successful mergers and acquisitions.

Enhanced CLM Solutions

Founded in 2018, Northbound has earned a reputation as a premier consulting partner in Contract Lifecycle Management (CLM). The firm specializes in harnessing the power of Salesforce to streamline contract workflows, reduce operational risks, and expedite revenue cycles for businesses across various industries. With a team of certified specialists, Northbound has become an invaluable ally for organizations wanting to modernize their contract management processes.

Chris Wierman, Co-Founder of Northbound, expressed enthusiasm over the acquisition, stating, "Joining Kicksaw allows us to maintain the personalized assistance our clients value while also gaining the considerable scale and innovation of a larger entity." This collaboration positions Northbound to further its mission of empowering clients to maximize their contracting efficiency.

Kicksaw's Strategic Growth

Kicksaw has made significant strides in the Salesforce consulting domain. Benefiting from a robust team of over 70 consultants spread across the U.S. and Canada, the Denver-based firm focuses on optimizing revenue operations using technology and data insights. With the acquisition of Northbound, Kicksaw strengthens its own CLM capabilities, ensuring that customers receive enhanced support throughout the quote-to-cash automation process.

Kenny Goldman, CEO of Kicksaw, articulated the goals of the merger by stating, "Customers desire contract management to mirror the automation seen in other facets of their revenue processes. By welcoming Northbound’s expertise, we provide clients with a seamless transition to innovative, secure contract management from the outset."

A Successful Partnership

Both firms acknowledged the instrumental role that Tequity played in this acquisition journey. Chris Wierman praised Tequity for their profound understanding of the Salesforce ecosystem, highlighting how their expertise significantly contributed to the deal’s success. “Working with Tequity was an exceptional experience. Their team's professionalism and dedication were integral to achieving a favorable outcome,” he noted.

Similarly, Paul Bennett, Vice President at Tequity Advisors, remarked, “Kicksaw's acquisition of Northbound is a significant milestone in the Salesforce ecosystem. Northbound's strong proficiency in CLM directly complements Kicksaw's vision for delivering cohesive quote-to-cash solutions.”

Looking Ahead

As Kicksaw integrates Northbound into its operations, clients can expect a more enriched service offering that promises to elevate contract management standards in their organizations. The fusion of these two esteemed companies signals a new era of streamlined contracting solutions, ensuring that businesses are prepared to meet the evolving demands of the marketplace.

This strategic acquisition not only highlights the robust capabilities of Northbound as a CLM leader but also reaffirms Kicksaw's commitment to enhancing its consulting services in the Salesforce domain. As both companies move forward, they stand poised to shape the future of contract management, ensuring businesses can navigate the complexities of legal agreements with greater agility and security.

Tequity Advisors continues to play an essential role in facilitating such partnerships that drive growth and innovation in the technology sector. Their extensive experience and industry insights make them a trusted advisor for companies seeking to leverage mergers and acquisitions as strategic tools for advancement.