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New Deal


Announced

Completed

EverTrue completed the acquisition of Fundriver.

Financials

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

Tags

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Friendly

Completed

Majority

Private

Single Bidder

United States

software solutions

financial software

FinTech

Acquisition

Domestic

Synopsis

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EverTrue, a developer of an advancement platform, completed the acquisition of Fundriver, a firm which offers software solutions that fundamentally transform and automate the way fundraising teams manage donations and report on endowment details. Financial terms were not disclosed. “With Balance and Impact, Fundriver aimed to bridge those gaps. Now, by joining the EverTrue family, we have the opportunity to make the stewardship process even more seamless. This acquisition makes it possible to leverage Fundriver’s critical fund and Impact data with EverTrue’s insights, analytics, and outreach tools to provide a holistic fundraising solution--making impactful, personalized stewardship easier than ever. And the fact that EverTrue is focused on the employee experience as well as the customer one, just like Fundriver, made this a natural match," Steven Kapor, Fundriver President.

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