O’Melveny Helps Diversis Capital Buy Inventory Manager Fishbowl

O’Melveny & Myers said it advised Diversis Capital Management on its acquisition of Fishbowl, an inventory management software provider.

No financial details were disclosed for the transaction.

Fishbowl is an inventory management system used with QuickBooks, the small-business accounting software program made by Intuit Inc.

The software provider said its core products include Fishbowl Warehouse, Fishbowl Manufacturing, and Fishbowl Online. The Orem, Utah-based company, founded in 2001, has over 200 employees.

“We are anxious to further build the manufacturing and warehouse businesses,” said Ron Nayot, co-founder and managing partner of Diversis, a Los Angeles-based private equity firm . “We also ...