DC US served as financial advisor to Blackbaud (NASDAQ:BLKB, the “Company”) in its acquisition of Smart Tuition. Blackbaud is the leading provider of software and services for the worldwide philanthropic community. The Company works in over 60 countries to power the passions of more than 30,000 customers, including nonprofits, K-12 private and higher education institutions, healthcare organizations, foundations and other charitable giving entities, and corporations.
The Company offers a full spectrum of cloud and on premise solutions, as well as a resource network that empowers and connects organizations of all sizes. Blackbaud’s portfolio of software and services support nonprofit fundraising and relationship management, eMarketing, advocacy, accounting, payment and analytics, as well as grant management, corporate social responsibility, and education. The acquisition of Smart Tuition expands Blackbaud’s footprint in the tuition management market and positions the Company to offer more comprehensive solutions to K-12 private schools.