Thanks for the replies and suggestions.
bitflipper: I thought of using Pro-C's side chain filter, but isn't that controlling the part of the (in my case) kick that activates the compression the bass: eg, if its high-passed, then it will compress the bass less, but it will still compress all of the bass? When actually what I need is to compress only part of the bass frequency, but not all of it. Or did I misunderstand the Pro-C's side chain filter? If I understood right, then Pro-MB would logically be the right tool, I can set just one band of it to control exactly which frequency range in the bass I want compressed when the kick hits.