Community Brands Acquires ProSoft Solutions

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Nettie Reynolds

November 9, 2021

    This recent acquisition creates new opportunities for fund accounting solution growth in serving more nonprofits and organizations with MIP’s award-winning fund software.

    Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and schools, today announced its acquisition of ProSoft Solutions, a leading software and service provider exclusively for nonprofit and government entities across North America. ProSoft serves organizations through the implementation and training of clients on the acclaimed MIP Fund Accounting system and its suite of complementary products.

    This acquisition enables ProSoft Solutions to work more closely with the MIP team as the specialized accounting technology needs for nonprofits and government entities continue to evolve. ProSoft will provide advanced services, training, and implementation support that enable client organizations to meet or exceed their mission goals.

    Comments on the News

    “We’ve made significant strides in our MIP strategy that have enabled us to accelerate the development of our MIP Cloud product as well as added enhancements to our client experience. Bringing ProSoft Solutions into our dynamic portfolio allows us to improve these customer relationships even further — by adding key subject-matter expertise and high-quality services to our team. I am thrilled that this acquisition provides new opportunities to our shared customers,” said Bethany Little, Managing Director, Education & NonProfit Solutions at Community Brands.

    “We are thrilled with this acquisition and look forward to better serving our shared customers as one team. Our staff of CPAs, MBAs, and training and implementation consultants have designed hundreds of ERP systems and are driven to amplify the mission and vision of our clients. With this acquisition, we know our customers will benefit from expanded, direct engagement and support from their technology vendor. We look forward to continued growth in ensuring clients are successful in their adoption and use of MIP,” said Calvin McEathron, CEO of ProSoft Solutions.

    To see the full press release go here .  To see the Community Brands announcement go here.

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