The Not-for-profit Investments Research Department. Tracking M&A and investments in the nonprofit & association technology market since 2016.
In July 2017, Advanced Solutions International, developers of the widely-used iMIS association management system, announced the acquisition of Internet Vision Technologies, an Australia-based AMS and nonprofit management software developer with 160 clients.
Click here for the press release.
ASI acquired a benefits administration software company in May 2017, and received a $26M round of growth equity funding in July 2016.
In May 2017, ASI International, creators of the iMIS AMS platform, acquired Innovative Software Solutions Inc. (ISSI), as a wholly-owned subsidiary. ISSI is a 160-staff company offering “benefit administration software and services to multi-employer/union affiliated benefit funds in North America.” Read the press release.
ASI International accepted $26M in growth equity funding in July 2016.
In July 2016, Advanced Solutions International, developers of the iMIS association management system, announced it accepted an $26M investment from equity firm Bregal Sagemount. Read about the announcement here. Read more about Advanced Solutions International on Crunchbase.