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JMT Consulting Group Signs Letter of Intent to Acquire NFP Consultants

JMT Consulting Group, a leading consulting firm serving nonprofits, has announced they have signed a letter of intent to acquire NFP Consultants, an award-winning value added reseller supporting tribal and government organizations along with the nonprofit community.


"This acquisition marks an important step in JMT's strategy of being the leading resource for nonprofits, said Jacqueline Tiso, CEO and founder of JMT Consulting Group. Bringing these two great companies together will allow us to transcend what we have accomplished as separate businesses into one superior consultancy.

NFP Consultants, based in St. Louis, Missouri, has been supporting the nonprofit community with technology consulting for over 16 years. NFP has earned top honors from Accounting Technology and Sage Software, including the coveted Business Partner of the Year for Sage Nonprofit Solutions, for seven consecutive years.

This is an amazing opportunity for us to join forces with JMT Consulting Group, said John Francis, president and founder of NFP Consultants. Our combined expertise and employee talent is unmatched in the industry, making us the clear partner of choice for the nonprofit community.

Mr. Francis will be joining the executive team at JMT Consulting Group as vice president of business development to support the company in this new venture, as well as future growth plans.

I have known Jacqueline Tiso and John Francis professionally for over 10 years and both are extremely dedicated to serving the nonprofit community, said Kent Hollrah, president of JMT Consulting Group. Combining our businesses and best practices, we can do even more together to help nonprofit organizations do what they do best.

Closing of this transaction is subject to customary conditions and is expected to close in approximately 60 days.

About JMT Consulting Group
Since our founding in 1991, JMT Consulting Group has specialized in fund accounting and fundraising solutions for nonprofit organizations exclusively. JMT was founded on the vision that superior client support is the most important service we can provide. Whatever technology a nonprofit organization needs assistance with, JMT takes the time to understand the organization's current systems and processes and where they can benefit from a new solution before a recommendation is even made. Learn more about JMT at www.jmtconsulting.com or contact us at (888) 368-2463.

About NFP Consultants, Inc.
NFP Consultants, Inc. has been providing information system solutions to nonprofits for over 16 years. Their experience, along with a commitment to service, makes them a top choice for nonprofit professionals. NFP Consultants, Inc. has been the Sage Partner of the Year for the Nonprofit Division for the past seven years, member of the Sage President's Circle for four of the last five years, and an Accounting Technology Pacesetter for the past three years. Sage products implemented and supported include: Sage MIP Fund Accounting, Sage Fund Raising Solutions, Sage Abra HR and Payroll Software, Sage FAS Fixed Assets, Microix Sage MIP Addon Solutions, Integration and Networking Support Service, and Support and Training on all software packages. With offices in St. Louis, Chicago, Atlanta, Tampa Bay, Austin, and Ponce, Puerto Rico, NFP Consultants provides a complete solution for all of your administrative needs. Learn more about NFP at www.nfpconsultants.com or contact us at (800) 632-6372.
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