Apax-backed CyberGrants to merge with EveryAction and Social Solutions in a $2bn deal.

Apax-backed CyberGrants, an online grantmaking space, agreed to merger with EveryAction, a software provider, and Social Solutions, a provider of cloud software for nonprofit and public sector social service organizations, in a $2bn deal. “The social good community will benefit from this combination of best-in-class solutions, and by connecting non-profits with a large network of givers. Apax is the perfect partner to help us collectively Do Good and Do Well, given their outstanding track-record as a tech investor and their focus on impact,” Stu Trevelyan, EveryAction CEO.