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New Deal


Announced

Completed

Blackbaud completed the acquisition of YourCause for $157m.

Financials

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Transaction Value£123m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Software

saas

Acquisition

Completed

Majority

Single Bidder

United States

software

Private Equity

Synopsis

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Blackbaud, the world’s leading cloud software company powering social good completed the acquisition of YourCause, a market leader in enterprise philanthropy, corporate social responsibility and employee engagement technology from Providence Strategic Growth Partners for $157m. The inspiration for YourCause began in 2007 with the story of a boy in war-torn Uganda who had suffered unimaginable tragedy, my desire to help and my realization that the tools to connect individuals like myself to the causes and organizations needing support across the globe were lacking. Joining Blackbaud, the leader in the social good software space, will enable us to connect enterprises, individuals, and nonprofits to more efficiently support social causes of every size, anywhere in the world," Matthew Combs, YourCause CEO.

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