Who did Blackbaud acquire?

Who did Blackbaud acquire?

EVERFI
Charleston, S.C. and Washington, D.C. (January 3, 2022) — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced it has acquired global social impact technology leader EVERFI in a cash and stock transaction for approximately $750 million, subject to certain customary …

Who is Blackbaud owned by?

In late 1999, San Francisco-based Hellman & Friedman LLC acquired 62.5 percent of the company while JMI Equity Fund, L.P. took a smaller stake. Bakker and his family retained a 14.3 percent interest, and he continued to serve as a director on Blackbaud’s board.

What does Blackbaud company do?

Blackbaud is the world’s leading cloud software company powering social good. Leading uniquely at the intersection point of technology and social good, we provide cloud software, services, expertise, and data intelligence that empower and connect people to drive impact for social good.

Is Blackbaud a Fortune 500?

One-third of Fortune 500 companies trust Blackbaud as their CSR technology partner, and in 2019 alone, YourCause solutions processed over $1 billion dollars in donations and grants which benefited over 170,000 social good organizations.

Where did Blackbaud move to?

Charleston
The firm relocated to the Charleston area from New York City in 1989. It was founded in 1981 and went public in 2004. “For nearly 30 years we’ve called South Carolina home, and we’re proud to deepen our roots in this great state with this generational investment,” according to President and CEO Mike Gianoni.

What companies does Blackbaud own?

Other products and services include Blackbaud Enterprise CRM, Altru, Financial Edge, Education Edge, Blackbaud NetCommunity, eTapestry, Luminate Online, Luminate CRM, Friends Asking Friends. In addition, Blackbaud offers consultancy services to nonprofit organizations.

How big is Blackbaud?

With a valuation of $2.7 billion, Blackbaud is South Carolina’s third largest publicly traded company. Blackbaud has outgrown the current Daniel Island facility where it’s been since 2000. The firm relocated to the Charleston area from New York City in 1989. It was founded in 1981 and went public in 2004.

Is Blackbaud similar to Salesforce?

Just like Salesforce, Blackbaud also analyzes the constituent information they store. However, this CRM software doesn’t analyze data to increase profits. Instead, this data is used to understand and increase the contact’s interaction with the organization. More than constituent information is stored by Blackbaud.

Is Blackbaud a good investment?

Great news for investors – Blackbaud is still trading at a fairly cheap price. According to my valuation, the intrinsic value for the stock is $95.88, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.

What is the difference between financial edge and financial edge NXT?

Financial Edge NXT is the web view accessed from your web browser, and The Financial Edge is the database view accessed through Citrix. You can move seamlessly back and forth between these two interfaces to access the same underlying information, as we continue to extend the functionality of Financial Edge NXT.

Is blackbaud a non profit?

Blackbaud (NASDAQ:BLKB) is a cloud computing provider that serves the social good community—nonprofits, foundations, corporations, education institutions, healthcare organizations, religious organizations, and individual change agents….Blackbaud.

Is Raiser’s Edge like Salesforce?

Raiser’s Edge is a fundraising-specific product, while Salesforce offers a platform on which fundraising (and many other) products are built.

Is Blackbaud publicly traded?

(Nasdaq: BLKB), the leading global provider of software and related services to the nonprofit industry, today announced the public offering by selling stockholders of 8.1 million shares of common stock at a price of $8 per share.

How much does blackbaud NXT cost?

Pricing for Blackbaud Raiser’s Edge NXT starts at $4000.00/year.

What is Fe NXT?

How many employees does Blackbaud have?

3,100
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Is Blackbaud like Salesforce?

Did Blackbaud buy EverFi?

Charleston, S.C. and Washington, D.C. (January 3, 2022) — Blackbaud (NASDAQ: BLKB), the world’s leading cloud software company powering social good, today announced it has acquired global social impact technology leader EVERFI in a cash and stock transaction for approximately $750 million, subject to certain customary adjustments.

How many acquisitions has Blackbaud made?

A total of 5 acquisitions came from private equity firms. Blackbaud’s largest acquisition to date was in 2022, when it acquired EverFi for $750M. Blackbaud has acquired in 11 different US states, and 3 countries.

What is the Blackbaud portfolio?

The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics.

Why do companies want to partner with Blackbaud?

“As companies continue to invest further in ESG and CSR programs to both give back and meet regulatory demands, they need a partner who can help connect their philanthropic goals to meaningful social impact opportunities,” said Mike Gianoni, president and CEO, Blackbaud.