FPX, the B2B selling cloud vendor, has acquired Intelliquip, the front-end sales CPQ (Configure, Price and Quote) solutions developer for the fluid handling equipment industry.
In acquiring Intelliquip, FPX broadens its offering of purpose-built solutions that simplify the selling of complex manufactured goods and adds more than 70 customers worldwide.
Founded in 2000 and based in Bethlehem, Pennsylvania, Intelliquip deploys its front-end software solutions for manufacturers of pumps, valves, blowers, exchangers, compressors, chillers, actuators, filters, couplings, expanders, fans and gears.
“Intelliquip is a best-in-class solution provider for fluid handling equipment manufacturers,” said Richard Hearn, CEO of FPX. “Just as important, we share tremendous synergies. Our firms began working together nearly 20 years ago when Intelliquip chose FPX as its CPQ technology foundation. We are thrilled to welcome our new colleagues and their deep domain expertise to the FPX team.”
“Dave Brockway, Dave Tress, and I started Intelliquip nearly 20 years ago, building from decades of combined experience automating the front-end sales process of pumping systems manufacturers,” said Tryg Dahl, who is now FPX’s VP and GM of Fluid Handling Solutions. “Joining FPX seems a natural and exciting next step in our evolution, allowing us to work more closely with our underlying technology platform and with an organization we’ve long respected for its technology leadership and ability to simplify the complex when it comes to manufacturing selling automation.”