M&A Deal Summary

Community Brands Acquires Abila

On April 7, 2017, Community Brands acquired software company Abila from Accel-KKR

Acquisition Highlights
  • This is Community Brands’ 1st transaction in the Software sector.
  • This is Community Brands’ 2nd transaction in the United States.
  • This is Community Brands’ 1st transaction in Texas.

M&A Deal Summary
Date 2017-04-07
Target Abila
Sector Software
Buyer(s) Community Brands
Sellers(s) Accel-KKR
Deal Type Add-on Acquisition

Target

Abila

Austin, Texas, United States
Abila, Inc. is a provider of software and services to associations and nonprofit organizations that help them improve decision-making, execute with greater precision, increase engagement, and generate more revenue. With Abila solutions association and nonprofit professionals can use data and personal insight to make better financial and strategic decisions, enhance member and donor engagement and value, operate more efficiently and effectively, and increase revenue to better activate their mission. Abila combines decades of industry insight with technology know-how to serve nearly 8,000 customers across North America.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Community Brands

St. Petersburg, Florida, United States
Category Company
Sector Software
DESCRIPTION

Community Brands is an end-to-end technology solutions provider for faith-based organizations, private education institutions and associations and has customers who benefit from a full suite of Community’s products including membership management software, an online/mobile payment platform, financial accounting software, background checks, messaging and mobile apps. Community Brands is based in St. Petersburg, Florida.

DEAL STATS #
Overall 2 of 18
Sector (Software) 1 of 3
Type (Add-on Acquisition) 2 of 17
State (Texas) 1 of 2
Country (United States) 2 of 16
Year (2017) 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-08 Diamond Mind

Potomac, Maryland, United States

Diamond Mind, Inc. is a provider of payment solutions for independent K-12 schools serving 850+ schools for over a decade. Diamond Mind offers credit and debit card processing, eChecks, purchase cards and payment software. The company’s suite of solutions are specifically tailored to allow school business managers to consolidate, streamline and reconcile payments across campus to reduce costs, minimize risk and improve the payment experience for parents, often leading to increased parental participation. Diamond Mind’s full spectrum of cost effective campus-wide payment solutions address tuition, online giving and donations, events, summer programs, admissions, enrollment, bookstore, and purchase card programs.chools.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-12 Ministry Brands

Lenoir City, Tennessee, United States

Ministry Brands is a provider of SaaS platforms for churches, parachurch ministries and other faith-based organizations in the United States and Canada. The company seeks to equip the 21stcentury church with technology that empowers pastors, church executives, technology professionals, and administrators to proactively carry out their Biblical mission with excellence, reverence, and efficiency. Its suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. Ministry Brands was founded in 2012 and is based in Lenoir City, Tennessee.

Buy -

Seller(S) 1

SELLER

Accel-KKR

Menlo Park, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2000
PE ASSETS 19.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Accel-KKR is a private equity firm that seeks control and growth-oriented investments in middle-market technology companies. The Firm targets investments in public and private companies with revenues ranging from $15 to $150 million. Accel-KKR pursues transactions across multiple segments of the technology industry, including software, hardware and internet technologies, and IT enabled services. Accel-KKR's first fund was created in 2000 by Accel Partners and Kohlberg Kravis Roberts & Co. to invest in technology assets and businesses that were outside of each firm's core focus. Accel-KKR is based in Menlo Park, California.

DEAL STATS #
Overall 16 of 54
Sector (Software) 8 of 23
Type (Add-on Acquisition) 13 of 29
State (Texas) 2 of 4
Country (United States) 15 of 44
Year (2017) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 FM:Systems

Raleigh, North Carolina, United States

FM:Systems is a provider of Integrated Workplace Management Systems (IWMS) and Computer-Aided Facility Management (CAFM) software. FM:Systems’ over 300 blue-chip customer base spans six continents and a diverse range of industries, including healthcare, higher education, technology, manufacturing, retail, banking and the public sector. FM:Systems is headquartered in Raleigh, North Carolina, and conducts business throughout the Americas, Africa, Europe and Asia Pacific.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-24 PrismHR

Hopkinton, Massachusetts, United States

PrismHR provides software and services, empowering human resource outsourcing service providers such as Professional Employer Organizations (PEOs) and Administrative Service Organizations (ASOs) to deliver world-class HR, benefits, and payroll to small and medium-sized businesses. PrismHR was founded in 1985 and is based in Hopkinton, Massachusetts.

Sell -
Mergr

Product

Company

Legal