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Summary
- Wellness and health company to collaborate with beauty-based Company.
- The collaboration aims at creating better business for both the companies while serving the clients.
- The companies bounced back after COVID-ridden damage witnessed last year.
In a fresh move, it has been announced that New Zealand- based Timely was looking to be acquired by EverCommerce in the near future. Timely is a Company offering software for the beauty business, while EverCommerce is known to be a wellness-based organisation. The use of SaaS-based solutions such as the ones used in making bookings could save a lot of time and money for the Company and help it in earning better overall profits.
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Owners Will Berger, Ryan Baker, and Andrew Schofeild established this Company in the year 2011, growing from a start-up to a Company that works in more than 90 countries with over 50,000 professional beauty artists. With the help of their services, as many as over 30 million appointments are booked by people.
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EverCommerce targets bigger clients with better services
EverCommerce President, Mr.Matt Feirstein, is of the view that both the organisations are actively working with medium- and small-sized firms to help them attain the most suited experience according to their specific requirements. He further said that Timely’ s success was impressive and that he was happy to be associated with the company in the next phase of its upgradation.
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Timely and its COVID-19 story
On the other hand, Ryan Baker, the CEO of Timely, is of the view that he had been equally thrilled about associating with EverCommerce’s business. He was pleased with how the Company had done in the past decade or so and wanted to move on to the next level.
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Calling this the next step towards global expansion, he is of the view that this association will prove fruitful to both the Companies involved. It was further said that that was an opportunity to recover from the coronavirus pandemic-induced losses last year. The company said it had to slash employees’ salaries by 20% at the start of the year. However, things started looking up by the month of June and despite the pandemic, 100 new customers joined the league of their services. It will be interesting to see how these companies coming together as it will benefit the customers in terms of better services in the near future. It shall also be curious to see what kind of growth it brings to these organisations.
