Blackbaud buys Texas software firm for $157M
Daniel Island-based Blackbaud has acquired YourCause, a Plano, Texas, software company, for $157 million.
The deal closed Wednesday. YourCause is a software as a service provider focused on increasing corporate giving and volunteering for nonprofits and causes. Its portfolio includes Fortune 500 companies and small businesses.
Eight million people are currently on the YourCause platform, which processes more than $245,000 in donations every business hour and has tracked more than 30 million volunteer hours for its customers, according to the company.
