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Abila, which makes nonprofit accounting and association management software, has been acquired by Community Brands. Community Brands was formed recently by combining Abila, Aptify and Your Membership into one company. Terms were not disclosed.
Based in Austin, Texas, Abila was created after the investment firm acquired MIP Funding and associated nonprofit software products from Sage in 2013.
A blog post by Mark Patterson, EVP and COO of Aptify, says the three brands will be run separately. “The intention behind Community Brands is not to merge, but rather to integrate where it makes sense,” Patterson wrote. The deal should provide increased research and development funding to support current initiatives and the company’s roadmap, he explained.
Jean-Paul Guilbault, CEO of Your Membership, was named president of Community Brands. Your Membership markets cloud-based association management applications. Abila fields the netForum association management platform and Aptify is in the same business.
Abila had changed leaders earlier this year. Krista Endsley, who had managed the company since its formation, was replaced as CEO by Craig Charlton in Feburary.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
