Solutions360 receives strategic growth investment from Northrim Horizon

NEWMARKET, Ontario—Solutions360, a provider of business management software to the systems integration market, announced it has received a strategic growth investment from Northrim Horizon, an Arizona-based permanent capital investment firm.

For more than two decades, Solutions360 has been a trusted platform for systems integrators, offering a suite of products that unify accounting, project management, sales, purchasing and service operations.

With this investment, Solutions360 will accelerate the release of new artificial intelligence and automation capabilities, extend its platform into additional modules that address evolving customer needs, and broaden its network of technology and integration partners to accelerate innovation for customers.

In connection with the transaction, Solutions360 has appointed Nate Gardner to chief executive officer, who brings extensive experience guiding software companies through stages of rapid growth and transformation. Gardner's background includes executive roles across operations, sales and finance in high-growth technology companies.

Founder Brad Dempsey will continue in an active leadership role as chief technology officer, guiding product vision and innovation.

"Northrim is a true buy-and-hold firm, focused on long-term growth and innovation, which opens up incredible opportunities for us to accelerate the impact of our ERP platform for integrators worldwide, while staying true to the values and long-term vision that have driven our success," Dempsey said. "We are aggressively investing in the Q360 product across multiple dimensions simultaneously, something that wasn't possible before this partnership." 

"I'm thrilled to be joining Solutions360 at such a dynamic time for the industry," noted Gardner. "Brad and the team have built an exceptional business – one defined by product depth, industry expertise, and a deep commitment to customer success. That foundation gives us the ability to accelerate innovation, bringing AI and automation that help integrators operate smarter and more profitably. With decades of data and expertise, Solutions360 is uniquely positioned to define the next generation of ERP for integrators."

"Solutions360 is an exceptional company and we're proud to invest in its success," added Tyler Duke, partner at Northrim Horizon. "Brad and his team have created a truly differentiated and specialized business, and with Nate's leadership, we see tremendous opportunity to scale the company's impact and accelerate its growth trajectory."