ClearCourse Partnership LLP, which is backed by Aquiline Capital Partners, said May 16 that it acquired instaGiv. Financial terms weren’t announced. InstaGiv, of the U.K., provides mobile and digital fundraising solutions.
ClearCourse acquires mobile and digital fundraising company instaGiv
London | 16 May 2019 – ClearCourse Partnership LLP (“ClearCourse” or “the Partnership”), a group of innovative technology companies providing software, services and digital capabilities to the membership, events & bookings and sports & leisure sectors, today announces its acquisition of instaGiv (“the company”), one of the UK’s leading providers of mobile and digital fundraising solutions for UK-registered charities. The deal represents an expansion of the fast-growing Partnership’s offering into fundraising and donations.
Established in 2010, instaGiv offers a range of mobile and digital fundraising solutions. With a core focus on SMS donations, instaGiv has developed a range of products and services for fundraising, donor engagement and recruitment, including SMS donation processing, interactive voicemail capabilities and competition hosting. It works with over 300 UK-registered charities, including Macmillan Cancer Support, Tearfund and Amnesty international, to help facilitate their mobile fundraising. To date, instaGiv has helped raise over £7.5 million.
instaGiv is ClearCourse’s eighth acquisition since its foundation in October 2018. The Partnership seeks to acquire innovative technology companies that provide software and services to a variety of membership organisations including non-profits, trade associations, trade unions, sporting bodies and charities. The expansion of ClearCourse into donations and fundraising, through its acquisition of instaGiv, means that the Partnership will be able to provide an extended range of highly complementary products and services to its existing companies’ clients, many of which have fundraising requirements. In turn, ClearCourse will support the continued development of instaGiv through the provision of operational and financial resource as well as commercial and operational synergies from across the Group.
Gerry Gualtieri, CEO of ClearCourse, commented: “As one of the market leaders in the mobile donations and fundraising space, instaGiv is an excellent addition to the ClearCourse Partnership. It brings exceptional new products and services to the group that will significantly enhance our group offerings for clients with fundraising requirements. The strategic acquisition will also allow our existing companies to target the fundraising and charity sector with a combined complementary solution incorporating instGiv’s capabilities.”
Michael Carlin, Managing Director and Founder of instaGiv, said: “Becoming part of the ClearCourse Partnership is a truly exciting step in instaGiv’s development. Our mission is to build the best products and services for our clients, helping them raise money to make a difference. The resources we will have access to as part of the Partnership, as well as the opportunities for operational and commercial synergies with ClearCourse’s other companies, will help us deliver on this commitment. We look forward to working with Gerry and the team as we take our business into the next chapter.”
The financial terms of the deal are undisclosed.