BV Investment Partners has acquired a majority interest in RKD Group, a leading provider of omnichannel fundraising services for nonprofits, to capitalize on growth opportunities in the sector.

Information on the Target

RKD Group, LLC, headquartered in Dallas, is a prominent provider of omnichannel fundraising and marketing services tailored for the nonprofit sector. Founded with a commitment to enhancing fundraising efforts, RKD has successfully raised billions for its clients across various segments, including hospitals, social services, health research, animal welfare, and faith-based charities. Currently, RKD supports more than 260 nonprofit organizations by utilizing data-driven, omnichannel solutions designed to optimize revenue generation, facilitate accelerated growth, and foster enduring donor relationships.

Under the leadership of CEO Tim Kersten, RKD aims to empower nonprofits in building strong connections with their donors, thereby enabling these organizations to effectively fund their missions and create a lasting impact. The company's strategic offerings focus on enhancing both online and offline donor engagement, which is critical for success in the ever-evolving nonprofit landscape.

Industry Overview in the Target’s Specific Country

The nonprofit sector in the United States is vast and diverse, characterized by a growing reliance on innovative fundraising strategies to secure essential funding. With over 220,000 registered nonprofits in the U.S., the industry encompasses various charitable o