M&A Deal Summary

EverTrue Acquires Fundriver

On August 16, 2022, EverTrue acquired software company Fundriver

Acquisition Highlights
  • This is EverTrue’s 2nd transaction in the Software sector.
  • This is EverTrue’s 4th transaction in the United States.
  • This is EverTrue’s 1st transaction in Ohio.

M&A Deal Summary

Date 2022-08-16
Target Fundriver
Sector Software
Buyer(s) EverTrue
Deal Type Add-on Acquisition

Target

Fundriver

Cincinnati, Ohio, United States
Fundriver provides nonprofits of all sizes to track and manage endowment and other restricted funds seamlessly. The endowment accounting and donor stewardship solutions make it easy for all stakeholders to access donor, fund, awardee, and financial data in one simple web-based platform. Fundriver was founded in 2002 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

EverTrue

Boston, Massachusetts, United States

Category Company
Founded 2010
Sector Software
DESCRIPTION

EverTrue is a software, data, and services empower higher education and independent school advancement teams to create personalized experiences for donors. EverTrue was founded in 2010 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 4 of 4
Sector (Software) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (Ohio) 1 of 1
Country (United States) 4 of 4
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-28 Pledgemine

Warrenville, Illinois, United States

Pledgemine provides cutting-edge ideas, inspiration, and high-quality communication solutions to facilitate donor engagement and loyalty. Their robust on-demand ordering and segmentation software empowers fundraising departments to connect faster and smarter with their audience. Pledgemine is based in Warrenville, Illinois.

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