Gemspring Capital acquired Shelfwise and WorldappUA (FORM) from Worldapp.

Gemspring Capital, a private equity firm completed the acquisition of Shelfwise, an AI-driven retail technology company and WorldappUA (FORM) from Worldapp, a company providing enterprise data collection and retail audit platforms. Financial terms were not disclosed. “Adding ShelfWise to our portfolio of best-in-class solutions is a critical development in fulfilling our product vision. As the Digital Assistant for the Frontline, today we’re giving field teams more power, more visibility, and more insight than they’ve ever had before,” Ali Moosani, FORM CEO