M&A Deal Summary

Arreva Acquires Heritage Designs

On May 20, 2019, Arreva acquired software company Heritage Designs

Acquisition Highlights
  • This is Arreva’s 2nd transaction in the Software sector.
  • This is Arreva’s 3rd transaction in the United States.
  • This is Arreva’s 1st transaction in Arizona.

M&A Deal Summary

Date 2019-05-20
Target Heritage Designs
Sector Software
Buyer(s) Arreva
Deal Type Add-on Acquisition

Target

Heritage Designs

Phoenix, Arizona, United States
Heritage Designs LLC developers of MatchMaker Fundraising software. Heritage Designs LLC design, develop and market fundraising/donor management software for nonprofit organizations and to provide the necessary ancillary services.

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Buyer(S) 1

Buyer

Arreva

Fort Lauderdale, Florida, United States

Category Company
Sector Software
DESCRIPTION

Arreva Software Offer Donor Management and Online Fundraising Solutions that Scale from the Small Nonprofit to the Enterprise. Arreva will be headquartered in Fort Lauderdale and also maintain its existing sales and support operations at its offices in Palo Alto, California.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Arizona M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-18 Telosa Software

Palo Alto, California, United States

Telosa Software provides premier information management solutions that enable nonprofit organizations to develop high touch relationships with donors, volunteers and other constituents.

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