Apax Funds Combine EveryAction, Social Solutions and CyberGrants into $2B Social Good Software Platform
August 4, 2021
Funds advised by Apax (the "Apax Funds") agreed to acquire EveryAction from Insight Partners and Social Solutions from Vista Equity Partners and will combine those assets with CyberGrants (recently acquired by Apax) to form a next-generation social good SaaS platform with an expected enterprise value of $2 billion. The combined company will bring together omni-channel engagement, case management, and corporate philanthropy solutions to serve nonprofits, public-sector agencies and corporate donors, with combined revenue expected above $200 million.
- Buyers
- Funds advised by Apax
- Targets
- EveryAction, Social Solutions, CyberGrants
- Sellers
- Insight Partners, Vista Equity Partners
- Industry
- Software
- Location
- United States
- Transaction Type
- Buyout
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