Givecampus Acquires Community Funded, Expanding Its Impact On Educational Fundraising
Jun 08, 2023•about 2 years ago
Acquiring Company
GiveCampus
Acquired Company
Community
Description
GiveCampus, the premier fundraising platform for nonprofit educational institutions, announced today that it has acquired Community Funded, a leading provider of giving day and crowdfunding technology. The combination of these two highly-regarded, mission-driven companies will expand the reach and power of social fundraising to even more schools to help them reach, engage, and mobilize their communities. This is GiveCampus’s first acquisition and leverages a $50 million growth investment that the company announced last year.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed