# Blackbaud acquires social impact tech firm EVERFI

- Link: https://fundraising.co.uk/2022/01/06/blackbaud-acquires-social-impact-tech-firm-everfi/
- Published: 2022-01-06T10:20:36+00:00
- Author: Melanie May

**Blackbaud has announced its acquisition of global social impact technology firm
EVERFI, with the aim of working together in the technology and data-driven impact
space to help more organisations support the education of children in the UK.**

The deal saw a cash and stock transaction for approximately $750 million.

In the education sector, EVERFI’s presence in the public school space complements
Blackbaud’s presence in the private school and higher education markets. EVERFI 
works with roughly 90% of schools across the UK, and more than 45 million learners
globally with the support of private, public and social sector organisations, helping
schools expand children’s education to include life skills from managing finances
and digital wellness, to compassion, STEM careers and sustainability.

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Together, the organisations will work to help corporations drive meaningful social
impact across a large span of technology-enabled programme areas, from community
education to volunteering, grantmaking and philanthropy.

EVERFI’s executive team and CEO Tom Davidson will join Blackbaud with a focus on
accelerating expansion efforts.

Mike Gianoni, president and CEO, Blackbaud said:

> “As companies continue to invest further in ESG and CSR programs to both give 
> back and meet regulatory demands, they need a partner who can help connect their
> philanthropic goals to meaningful social impact opportunities. Blackbaud and EVERFI
> will work together to realise a shared vision of measurable social impact through
> technology.”

Tom Davidson, CEO, EVERFI added:

> “Blackbaud and EVERFI have similar cultures and a strong sense of purpose. EVERFI’s
> software powers some of the largest ESG and CSR initiatives in the world, and 
> this alignment will drive impact for millions of learners every year.”

Last year’s free [bbcon 2021 Virtual conference](https://fundraising.co.uk/2021/07/20/blackbauds-bbcon-returns-as-a-free-global-conference/)
included a number of sessions focusing on school and higher education.

 * **[Blackbaud to support Microsoft SQL Server 2000](https://fundraising.co.uk/2003/06/16/blackbaud-support-microsoft-sql-server-2000/)**(
   16 June 2003)
 * **[Blackbaud launch series of regular educational forums](https://fundraising.co.uk/2004/06/03/blackbaud-launch-series-regular-educational-forums/)**(
   3 June 2004)
 * **[Two free places on offer to Blackbaud's European Conference](https://fundraising.co.uk/2004/08/13/two-free-places-offer-blackbaud039s-european-conference/)**(
   13 August 2004)