Apax Partners

Canaccord Genuity acts as Financial Advisor to Apax Partners, a leading global private equity advisory firm, on its acquisition of Network for Good

On January 4, 2022, the social good software platform backed by Apax Partners and formed through the combination of CyberGrants, EveryAction, and Social Solutions (“the Company”), announced that they have reached an agreement to acquire Network for Good, a leading provider of cloud-based fundraising software for nonprofits.

Network for Good, which will be the first acquisition for the recently formed Company, helps small and mid-sized nonprofits cultivate donor relationships with a unified donor management and fundraising software platform. A mission-driven organization, Network for Good has been a pioneer in the digital fundraising space and has enabled thousands of nonprofits to raise billions of dollars. Network for Good is headquartered in Washington D.C.

CyberGrants, EveryAction, and Social Solutions combined in September 2021 to create the second-largest and fastest-growing social good software company in the world. The Company's differentiated, end-to-end solutions collectively support a unique network of 650,000 nonprofit organizations, many of the most respected companies and foundations in the world, including half of the Fortune 100, and over 38 million donors and volunteers.

Apax Partners is a leading global private equity advisory firm. The firm invests in companies across four global sectors of Tech, Services, Healthcare, and Internet/Consumer.

The Canaccord Genuity team consisted of Andrew Pojani, Geoff Rhizor, and Isaac Porter.