Blackbaud Inc

+0.12 (+0.17%)
Other Pre-Announcement, Mergers / Acquisitions

Blackbaud Acquires Everfi

Published: 01/03/2022 21:45 GMT
Blackbaud Inc (BLKB) - Blackbaud Acquires Everfi, a Saas Leader Powering Corporate Esg and Csr Initiatives That Reach Millions of Learners Each Year.
Blackbaud Inc - Cash and Stock Transaction for Approximately $750 Million.
Blackbaud Inc - Everfi's Executive Team Led by Founder and CEO Tom Davidson to Join Blackbaud.
Blackbaud Inc - Deal Consideration is About $450 Million in Cash and 3.8 Million Shares.
Blackbaud Inc - Everfi is Expected to Be Immediately Accretive to Blackbaud's Revenue Growth Profile.
Blackbaud Inc - Cash Portion Was Financed With a Combination of Cash on Hand and New Borrowing Under Co's Credit Facilities.
Blackbaud Inc - Reiterates Its Full Year 2021 Outlook Provided Nov.
3, 2021.