BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has sold RKD Group, a provider of omnichannel fundraising and marketing services to the nonprofit sector, to Incline Equity Partners.
RKD Group, headquartered in Dallas, has raised billions of dollars for its clients and currently serves hundreds of nonprofit organisations, within segments such as food banks, health & disease, social service and animal welfare. Nonprofits rely on RKD’s data-driven, omni-channel solutions to generate net revenue, accelerate growth, build long-term donor relationships, and drive online and offline donor engagement. BV acquired a majority stake in RKD in 2019.
Baird served as the exclusive financial advisor to RKD Group on this transaction.
