Community Brands to acquire ProSoft Solutions.

Community Brands, a provider of cloud-based software to associations and nonprofits, agreed to acquire ProSoft Solutions, a software and service provider exclusively for nonprofit and government entities. Financial terms were not disclosed. "We've made significant strides to accelerate the development of our MIP Cloud product as well as added enhancements to our client experience this year. Bringing ProSoft Solutions into our dynamic portfolio allows us to deeper our 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," Bethany Little, Community Brands Managing Director.