Insight Partners Said to Weigh $2 Billion Community Brands Sale

Insight Partners is exploring the sale of Community Brands, which makes software used for donations, peer-to-peer fundraising, admissions and events, among other purposes, according to people with knowledge of the matter.

The New York-based investment firm is working with FT Partners to solicit interest from potential suitors, which may include larger software vendors or private equity firms, said the people, all of whom requested anonymity discussing private information. Community Brands could fetch as much as $2 billion, including debt, in any transaction, the people said.

Representatives for Insight Partners and FT Partners declined to comment.

Community Brands, led by Chief ...