Craft brewery and distillery management software developer FIVE x 5 Solutions has joined the Volaris Group.

Under the deal, FIVE x 5 Solutions has expanded Volaris Group’s portfolio of companies in the global drinks vertical.

FIVE x 5 Solutions’ software as a service (SaaS) solution helps distillers and brewers manage processes ranging from recipe development and inventory tracking to reporting and compliance. The company has more than 430 customers worldwide.

FIVE x 5 Solutions president and founder Jason Lippa said: “Our customers are passionate about the products they create. Likewise, we are just as passionate about this industry and helping our customers succeed.

“Volaris enables us to retain our independence, while investing in our technology and people.”

“Volaris is different. The company doesn’t buy businesses to sell them on again in the future. In addition, Volaris enables us to retain our independence, while investing in our technology and people.”

Volaris’ other businesses include enterprise resource planning (ERP) solutions provider Gaina and bulk inventory and distillery warehouse management software DRAMS, which concentrates on managing stock holdings for mature spirits brands.

Lippa further added: “The opportunity to collaborate and share best-practices with other like-minded companies servicing the global drinks industry can only be positive for our customers.”

FIVE x 5 Solutions will now be able to bring new products to market and deliver value to its customers.

Over the past few years, the craft beverage industry has experienced considerable growth due to increasing consumer demand for high-quality, locally produced artisan products.

FIVE x 5 Solutions helps producers become efficient in a highly regulated market with its craft brewery and distillery management software, even when there is a flood of new entrants into the market.