Bloomerang has acquired Qgiv to enhance its fundraising solutions for nonprofits, aiming to create a unified platform that improves donor engagement and fundraising outcomes.

Information on the Target

Bloomerang, an Indianapolis-based company, has successfully acquired Qgiv, a prominent provider of fundraising technology solutions. This acquisition marks a significant step for Bloomerang in enhancing its offering as a comprehensive donor and volunteer relationship management platform tailored for small and medium-sized nonprofits. With this strategic move, Bloomerang aims to integrate Qgiv's advanced fundraising capabilities into its existing framework to better serve the nonprofit sector.

The acquisition is driven by the need to address evolving challenges faced by nonprofits, such as decreased donor engagement and fragmented technology solutions. By combining their resources, Bloomerang and Qgiv are set to deliver a powerful, unified platform that not only streamlines fundraising efforts but also enriches donor relationships.

Industry Overview in the Target’s Specific Country

The nonprofit sector in the United States has undergone substantial changes in recent years, particularly since the onset of the COVID-19 pandemic. Many organizations face declining donations and increasing operational costs, which necessit