Blackbaud (Nasdaq: BLKB) is buying MicroEdge LLC from private-equity backers Vista Equity Partners and Bregal Sagemount for $160 million.

MicroEdge, headquartered in New York, provides software services to foundations, corporations, government agencies, donors, advisers and financial institutions to help them raise, manage and award charitable donations.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.