In July 2019, AMS platform MemberSuite acquired event management system EventFarm. Terms were not disclosed. Read the news story.
MemberSuite has raised over $15M in funding since 2016.
The Not-for-profit Investments Research Department. Tracking M&A and investments in the nonprofit & association technology market since 2016.
In July 2019, AMS platform MemberSuite acquired event management system EventFarm. Terms were not disclosed. Read the news story.
MemberSuite has raised over $15M in funding since 2016.
Euclid, makers of the ClearVantage AMS platform, was acquired by Fullsteam in March 2019. Read the press release.
In November 2018, Personify announced that it had acquired a2z, a leading events management technology company. Read the press release.
Personify’s current private equity firm, Pamlico, took over from Rubicon in September 2018, which likely gave Personify additional funding for more acquisitions.
In November 2018, Memberclicks acquired LMS platform UpAbility. Read the press release.
In June 2018, Community Brands announced the acquisition of ExpoLogic, a leading event technology company, providing event registration, lead retrieval and trade show services. ExpoLogic has an estimated annual revenue of $10M.
Thanks to last year’s acquisition of Wild Apricot, Personify is poised to lead the pack on blockchain technology in the AMS market. Why?
Dmitry Buterin, the founder of Wild Apricot happens to be the father of Vitalik Buterin, co-creator of Ethereum, which is widely acknowledged as the second most valuable cryptocurrency behind Bitcoin. Dmitry is a blockchain enthusiast, and left his position at Wild Apricot to pursue business ventures in blockchain.
And although the elder Buterin has moved on from his post at Wild Apricot, he still serves in an advisory role at Personify, and the Wild Apricot technical team remains highly interested in how blockchain could be applied to associations.
So if you’re curious to see how blockchain applications make their way into the association market, keep your eye on Wild Apricot and Personify.
Ssshhhhh! There’s a secret about one of last year’s acquisitions in the association technology market. One that gives the acquiring company a significant advantage over its competitors on an emerging technology that many futurists predict will revolutionize the business world and transform society.
That emerging technology is called Blockchain, and I’ll reveal the secret connection (and the vendor that stands to benefit from it) during an Association Trends webinar next week, called Bitcoin, Blockchain & Cryptocurrencies: What are they and how will they affect your association?
My co-presenter is anti-money laundering expert Doug McCalmont, founder of BlocAlt Consulting, which specializes in helping nonprofit organizations leverage blockchains to achieve their missions.
In December 2017, Community Brands announced the “addition of 501 Auctions and Gesture to the company, and an agreement in principle to acquire GiveSmart.”
I’m preparing for a couple of presentations on consolidation in the association technology sector (including at AMS Fest, November 13-14 in Washington, DC), and wanted to share this visualization in my slide deck of how technology companies are aligning, and which ones have taken investments. This isn’t a complete view of the activity, and covers about a two year period, but it should help you grasp the extent of the consolidation. If you’re reading this in your email inbox, download the images, or click through to see the visualization.