Waud Capital Partners-backed CyberGrants LLC has acquired software company JK Group Inc. from Susquehanna Growth Equity for an undisclosed amount. Waud Capital closed its fourth fund earlier in 2016.
JK Group, based in Princeton, New Jersey, provides software services that are used in employee giving, volunteering and disaster relief. The company works with Fortune 1000 business organizations. Susquehanna invested in JK 2010. CyberGrants claims the purchase will make it the world’s largest single platform provider of grants management and employee engagement software.