Reeher

Canaccord Genuity is pleased to announce that its client, Reeher LLC (“Reeher”), the industry leader in fundraising performance management for higher education, announced on May 1, 2018 that it has been acquired by Blackbaud, Inc. (NASDAQ: BLKB) (“Blackbaud”).

Reeher is a leading developer of cutting-edge software services to improve the efficiency and effectiveness of higher education fundraising efforts. Its signature Reeher Platform provides university development leaders at institutions of all sizes with tools to track and measure effectiveness, discover new opportunities, engage constituents and improve ROI. Based in St. Paul, Minn., Reeher works with leading universities across the country.

Blackbaud is the world’s leading cloud software company powering social good. Serving the entire social good community—non-profits, foundations, corporations, education institutions and individual change agents—Blackbaud connects and empowers organizations to increase their impact through software, services, expertise and data intelligence. Blackbaud is headquartered in Charleston, South Carolina and has operations in the United States, Australia, Canada, Ireland and the United Kingdom.

Canaccord Genuity acted as exclusive financial advisor to Reeher in connection with the transaction.