ASI Acquires OpenWater, the Market-Leading Provider of Application & Review Software and Virtual Event Management Solutions
The Californer/10172135

ALEXANDRIA, Va. - Californer -- Advanced Solutions International (ASI), the provider of iMIS — the world's #1 SaaS solution for associations and non-profits — announced today that it has acquired Arlington, VA-based OpenWater. Terms of the deal were not disclosed; there will be no change in OpenWater's management, staffing, or day-to-day operations. Learn more at www.advsol.com/imisinspire.

OpenWater's platform is used by more than 500 associations to manage awards programs, fellowships, scholarships, and grants as well as accreditations, abstracts (call for papers), and hybrid/virtual events.

OpenWater has been an Authorized iMIS Product Partner for several years and integrates with all versions of iMIS. Data collected through OpenWater is available in iMIS, saving clients time, boosting productivity, and providing a single, comprehensive view of member activity.

"OpenWater has been a long-term partner with ASI and together we've provided innovative solutions for the association and non-profit communities," said Kunal Johar, Co-Founder of OpenWater. "We're looking forward to joining the ASI family to explore ways we can provide even greater value to our clients in the future."

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"I've always wanted to find the perfect home for OpenWater and I'm excited to have found that with ASI. I first met Bob Alves during 2019 and I've come to be impressed with how ASI has kept their foot on the accelerator after all these years. They continue to invest in their products and make sure their customers have top-level experiences. The culture fit between the two companies is obvious and I'm excited for what the future holds," said Timothy Spell, CEO of OpenWater.

"Over the years, we've been impressed with OpenWater's platforms, management team, corporate values, and commitment to client satisfaction," said Bob Alves, Chairman and CEO of Advanced Solutions International. "In partnership with them, we've been able to offer our clients best-of-breed application and review solutions and we can't wait to work even closer with them to find new ways to expand and enhance our offerings to clients."

About OpenWater
OpenWater is a software company based in Arlington, VA (Greater Washington, DC area) providing an application and review software that streamlines and simplifies award management. It also offers a virtual event platform to manage online, in-person, and hybrid conferences. Visit www.getopenwater.com for more information.

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About ASI
ASI is a leading global provider of cloud software and services for associations and non-profits. We help clients digitally transform, streamline operations, and grow revenue through industry expertise, best-practice advice, and high-quality SaaS solutions. Our portfolio of solutions includes iMIS — the only engagement management system (EMS) purpose-built for associations and non-profits — and TopClass LMS by WBT Systems — the #1 association and continuing education learning management system. Learn more at https://www.advsol.com.