Blackbaud Completes Acquisition of Convio
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Blackbaud<%2Fa>%20today%20announced%20that%20it%20has%20completed%20its%20acquisition%20of%20Convio<%2Fa>,%20a%20leading%20provider%20of%20on-demand%20constituent%20engagement%20solutions.%20Under%20the%20terms%20of%20the%20merger%20agreement,%20Blackbaud%20paid%20an%20aggregate%20purchase%20price%20of%20approximately%20$325%20million.%20Blackbaud%20financed%20the%20deal%20through%20a%20combination%20of%20cash%20and%20borrowings%20from%20its%20credit%20facility.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fblackbaud-completes-acquisition-convio%2F" target="_blank" class="email" data-post-id="4661" type="icon_link">
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Easter Seals, an organization focused on providing exceptional services, education, outreach, and advocacy to people living with autism and other disabilities, has worked closely with both Blackbaud and Convio for nearly a decade. "In that time, each company has developed core, and in many cases distinct strengths, in the fundraising and marketing arenas," said Steve Bergman, Easter Seals' CIO. "Blackbaud's acquisition of Convio will hasten the creation of new products that could enhance the effectiveness of nonprofits like Easter Seals."
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