Kohlberg Kravis Roberts Buys Sage Nonprofit Solutions…but what is SNS?

SageOn February 15, 2013, it was announced that Accell-KKR, of Kohlberg Kravis Roberts is buying Sage Nonprofit Solutions. Kohlberg Kravis Roberts is a technology-focused private equity firm based in New York City. Accel-KKR’s funding of Swiftpage to acquire Sage ACT! and Sage SalesLogix will help Swiftpage’s strategy in the digital marketing platform.

John Oechsle, the CEO of Swiftpage stated that, “The acquisition of Sage ACT! and Sage SalesLogix is a game changer for Swiftpage, giving us a significant presence throughout North America and Europe with award-winning products for the small and medium-sized business markets. We would not have been able to complete this complex transaction without the assistance of the team at Accel-KKR. We look forward to working with Accel-KKR to aggressively pursue the many growth opportunities available to us.”

What is Sage Nonprofit solutions? SNS provides accounting, donor, grant management software, fundraising management, human resources, payroll, and more for non-profit and government organizations. Today, it is helping over 32,000 not-profit organizations increase their efficiency with these products they offer. They are based out of Austin, Texas.

Advertisements

About DevonJ140
I am currently an Accounting Director living in New York City. I love reading and learning more about business, finance, tech, and current events.

One Response to Kohlberg Kravis Roberts Buys Sage Nonprofit Solutions…but what is SNS?

  1. gratis sex says:

    You have a great site over here. I just wanna thank you for all the interesting information on it. I’ll follow your weblog if you keep up the good work!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: