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Announced

Apax Partners to acquire Network for Good.

Synopsis

Apax Partners, a leading global private equity advisory firm, agreed to acquire Network for Good, a pioneer in the digital fundraising space and has enabled thousands of nonprofits to raise billions of dollars. Financial terms were not disclosed. "We've been on a 20-year mission to make fundraising easy for small and mid-sized nonprofits. I am extremely proud of the work we have accomplished to date, and I believe that by partnering with Erin and team we will expand our ability to help nonprofits enhance relationships with their supporters and grow their missions. This is a great home for Network for Good, with its kindred focus on impact, and we are excited to leverage the combined Company's leading software solutions to the benefit of our customers and the sector," Bill Strathmann, Network for Good CEO.

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