Blackbaud buys Campagne Associates

Published on January 25, 2006

Blackbaud, a leading provider of software for nonprofits, has purchased Campagne Associates for $6 million in cash, possibly more if certain performance goals are met over the next two years. Campagne, a privately-held company that provides fundraising services and software, is based in Manchester, N.H., and has about 2,000 customers. Blackbaud will continue to provide support for clients using Campagne’s GiftMaker Pro product and will offer Campagne clients an upgrade to Blackbaud’s fundraising product, The Raiser’s Edge. Blackbaud does not expect the purchase to affect its 2006 financial performance significantly.Prior to the acquisition, Blackbaud had about 13,000 clients.

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