Blackbaud’s US$750 Million Acquisition of EVERFI

Sidley Austin advised Blackbaud on the deal.

Blackbaud Inc. announced its US$750 million acquisition of EVERFI. EVERFI is an international technology company driving social impact through education to address challenging issues affecting society, ranging from financial wellness to mental health to workplace conduct, and other critical topics. Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise, and data intelligence.

The Sidley team is being led by Martin Wellington (Picture) and Sara Garcia Duran (M&A and Private Equity), and includes Jocelyne Kelly, Eryn Berquist, and Ashley Rogers (M&A and Private Equity); Rachel Kleinberg and Eric Grosshandler (Tax); Matt Johnson and Susan Delgado (Executive Compensation and Transactional Employee Benefits); Karen Kazmerzak and Jamie Sadler (Antitrust/Competition); Sarah Preisler, Andy Dykstra, and Ida Ebeid (Technology and IP Transactions); Heather Palmer and Allen Braddock (Environmental); Terri Reuter, Vera Iwankiw, Peter McCorkell, and Maeve Gillespie (Labor and Employment); Clayton Northouse and Mark Prior (Privacy and Cybersecurity); Jen Fernandez and Kayla Scott (Trade Compliance); and David Silva (FCPA).

Involved fees earner: Eryn Berquist – Sidley Austin LLP; Allen Braddock – Sidley Austin LLP; Ida Ebeid – Sidley Austin LLP; Jen Fernandez – Sidley Austin LLP; Sara Garcia Duran – Sidley Austin LLP; Eric Grosshandler – Sidley Austin LLP; Vera Iwankiw – Sidley Austin LLP; Matthew Johnson – Sidley Austin LLP; Karen Kazmerzak – Sidley Austin LLP; Jocelyne Kelly – Sidley Austin LLP; Rachel D. Kleinberg – Sidley Austin LLP; Peter McCorkell – Sidley Austin LLP; Clayton Northouse – Sidley Austin LLP; Heather Palmer – Sidley Austin LLP; Mark Prior – Sidley Austin LLP; Teresa Reuter – Sidley Austin LLP; Ashley Rogers – Sidley Austin LLP; Jamie Sadler – Sidley Austin LLP; Kayla Scott – Sidley Austin LLP; David Silva – Sidley Austin LLP; Martin Wellington – Sidley Austin LLP;

Law Firms: Sidley Austin LLP;

Clients: Blackbaud, Inc.;