Blackbaud Acquires YourCause for $157M
January 2, 2019
Blackbaud, Inc. acquired YourCause, a Plano, Texas-based provider of corporate social responsibility and employee engagement SaaS, for approximately $157 million. The acquisition, which closed January 2, 2019, will expand Blackbaud's product capabilities in corporate philanthropy, workplace giving and volunteer management and adds roughly 155 employees and a large enterprise customer base to its portfolio.
- Buyers
- Blackbaud, Inc.
- Targets
- YourCause
- Sellers
- Providence Strategic Growth (PSG), Providence Equity Partners, YourCause shareholders
- Industry
- Cloud & SaaS
- Location
- Texas, United States
- Transaction Type
- Buyout
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