Pensacola, Fla. (Sept. 5, 2002) -- Best Software, best known for developing technology products for the general business market, has acquired CPASoftware, primarily known for developing systems for accounting professionals.CPASoftware, based in Pensacola, Fla., will continue operating and its president Mark Fenimore will report to Best Software executive vice president Nina Smith. As part of the deal, CPASoftware products will be marketed to the 20,000-plus CPAs who serve as consultants and resellers of Best's products. Financial terms of the deal were not released.
"Traditionally, we have partnered with CPAs who have helped expand our business by recommending and reselling our products to their clients. This acquisition enables us to further build on these established relationships," said Smith.
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