On the Record · Blackbaud
Blackbaud acquisitions, on the record
The businesses Blackbaud bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
EVERFI, Inc.Word for word“Acquisitions could be difficult to consummate and integrate into our operations, and they could disrupt our business, dilute stockholder value or impair our financial results.” 10-K for 2023 | acquisition | — | — |
Kilter, Inc.Word for word“• Kilter, Inc. ("Kilter") on August 19, 2022 • EVERFI, Inc. on December 31, 2021” 10-K for 2023 | acquisition | August 19, 2022 | — |
EVERFIWord for word“This work resulted in the sale of EVERFI in December 2024 in exchange for nominal cash consideration (see page 40 below and Note 3 to our consolidated financial statements in this report for more information).” 10-K for 2024 | divestiture | December 2024 | nominal cash consideration |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $3.4 million | $0 | $2.3 million |
| 2017-12-31 | $146.8 million | $0 | — |
| 2018-12-31 | $44.9 million | — | $18.3 million |
| 2019-12-31 | $109.4 million | — | — |
| 2020-12-31 | $0 | $0 | — |
| 2021-12-31 | $419.1 million | $0 | — |
| 2022-12-31 | $20.9 million | $6.4 million | — |
| 2023-12-31 | $13,000 | $0 | — |
| 2024-12-31 | $0 | −$1.2 million | — |
| 2025-12-31 | $700,000 | — | — |
Deal filings since 2016
- 2024-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-01-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-10-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-06-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Blackbaud’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.