Sage Acquires Fund Accounting Software Provider MIP

Sage, a leading U.S. provider of business management solutions for small and mid-sized businesses, has acquired not-for-profit accounting software giant, Micro Information Products (MIP).

MIP markets NPS Intro, NPS Pro, and the Advantage NonProfit Series. The MIP management team will remain in place, and the company will continue to be based in Austin, Texas.

"We're delighted to add MIP's market-leading products to our strong portfolio of business management solutions," said Ron Verni, CEO of Sage U.S. operations. "The MIP acquisition will add strategically important products in an area we currently do not serve - the non-profit and governmental accounting market."

"We're excited to be able to bring an entirely new market segment to Sage," said Kent Hollrah, President of MIP. "We look forward to tapping into the additional resources and expertise that Sage provides as we continue to build our business and serve our customers."

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.