Blackbaud completed the acquisition of EVERFI for $754m from TPG Capital.

Blackbaud, a cloud software company powering social good, completed the acquisition of EVERFI, an international technology company driving social impact through education to address the most challenging issues affecting society ranging from financial wellness to mental health to workplace conduct and other critical topics, for $754m from TPG Capital, a private equity investment firm. “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. Blackbaud and EVERFI will work together to realize a shared vision of measurable social impact through world-class technology,” Mike Gianoni, Blackbaud president and CEO.