Blackbaud Completes Acquisition of Convio : Page 1 of 2 : FundRaising Success

Blackbaud Completes Acquisition of Convio : Page 1 of 2 : FundRaising Success: harleston, S.C. (May 7, 2012) - BlackbaudOpens in a new window today announced that it has completed its acquisition of ConvioOpens in a new window, a leading provider of on-demand constituent engagement solutions. Under the terms of the merger agreement, Blackbaud paid an aggregate purchase price of approximately $325 million. Blackbaud financed the deal through a combination of cash and borrowings from its credit facility.