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Announced

Completed

Blackbaud completed the acquisition of Kilter.

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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Domestic

Acquisition

Completed

Majority

mobile app

Online and Social Platforms

United States

Single Bidder

Friendly

Private

engagement app

Synopsis

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Blackbaud, a cloud software company, completed the acquisition of Kilter, an intuitive, gamified, activity-based engagement app boasting virtually limitless activity type choices. Financial terms were not disclosed. "Blackbaud powers many of today's largest and most complex activity-based fundraising events through Blackbaud TeamRaiser and enables Fortune 500 companies to engage employees through YourCause CSRconnect. This acquisition reflects our commitment to bring innovative capabilities and a leading mobile app experience to our customers—delivering solutions that help them reach their goals as quickly as possible," Jerry Needel, Blackbaud vice president of innovation and incubation.

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