Momentive Software Expands Association Management Software Portfolio with Acquisition of Cobalt
Summary
It includes software that improves efficiency, strengthens member and donor engagement, and offers access to data that tracks and reports on mission impact, ensuring that purpose-driven organizations can adapt and thrive in a rapidly changing environment. The acquisition of Cobalt expands Momentive’s depth of AMS and certification offerings to help associations of any size successfully manage business processes, membership engagement, credentialing, events and their overall impact. “Our focus is on how we can better support mission-driven organizations by simplifying the unique challenges they face, so they can concentrate on what matters most - advancing their mission and creating lasting impact,” said Mike Henricks, CEO of Momentive Software. “It’s exciting for us to be joining Momentive Software at a time when they are leading the way in innovation to meet the evolving needs of associations by supporting their ability to make a significant impact and drive meaningful change,” said Russell Inman, CEO of Cobalt. Built with reliability at the core and strategically focused on events, careers, fundraising, financials, and operations, our solutions suite is bound by a common purpose to serve the organizations that make our communities a better place to live.