Formstack Acquires Formsite
Summary
Formstack, a Boston, MA-based software-as-a-service (SaaS) company that provides a no-code suite to create and orchestrate workflow with custom forms, documents, and eSignatures, acquired Formsite, a Chicago, IL-based online forms and surveys platform provider. With this acquisition, Formstack will reach a wider audience to offer a broader range of solutions, strengthening its position in the market. Backed by PSG Equity and Silversmith Capital Partners, Formstack is a versatile no-code suite that simplifies data management and makes building automated workflows accessible to everyone. Designed for both non-technical users and developers, it offers drag-and-drop functionality, open API, and seamless integrations to streamline data collection, document generation, eSignature, and more. Over 20,000 organizations, including Advent Health, Virgin Galactic, and Netflix the suite of products to collect and manage data.