Blackbaud, Inc. · NASDAQ:BLKB
Blackbaud — Merger or Acquisition (January 2012)
9 slides from Blackbaud's merger presentation, Jan 17, 2012
Slide 1: Blackbaud Announces Agreement to Acquire Convio
Exhibit 99.3 BlackbaudAnnounces Agreement to AcquireConvio Accelerates Multi-Channel Supporter Engagement January 17, 2012
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains “forward-looking statements” relating to the acquisition of Convio by Blackbaud and the companies’ potential combined business. Those forward-looking statements are based on current expectations and involve inherent risks and uncertainties, inclu
Slide 3: Who Is Blackbaud?
WHO IS BLACKBAUD? • Leading supplier of software and services to the non profit sector • Founded 1981 • IPO 2004 • 25,000+ nonprofit customers in 60 countries • 2,200+ employees worldwide • 12 global offices • Headquarters in Charleston, SC • TTM revenue ended 9/30/11: Blackbaud’s Purpose - ~$363 mi
Slide 4: Acquisition Strategic Rationale
ACQUISITION STRATEGIC RATIONALE Highly complementary solutions • Convio’s SaaS-based capabilities for large events, advocacy and federated organizations complement our current solutions • Enables us to offer a comprehensive set of multi-channel supporter engagement solutions to nonprofit organizatio
Slide 5: Key Transaction Terms
KEY TRANSACTION TERMS • On January 16, 2012, Blackbaud entered into a definitive merger agreement to acquire Convio • The acquisition is structured as a cash tender offer Transaction • All Convio directors and officers and certain of its affiliates (representing over 30% of the outstanding shares in
Slide 6: Convio Overview
CONVIO OVERVIEW Convio at a Glance (1) Revenue (1) Convio provides on-demand constituent engagement $69.7 solutions that enable non-profit organizations to raise funds, $57.0 $63.1 $60.0 $52.8 advocate for change and cultivate relationships with $43.1 donors, activists, volunteers, alumni and other
Slide 7: Well Positioned in Large and Growing Segment
WELL POSITIONED IN LARGE AND GROWING SEGMENT Online Giving Rapidly Growing (1) New fundraising and communication $25 channelsare expanding, not $20 replacing traditional channels $15 $10 Online fundraising and advocacy are $5 important and growing components $0 2006 2007 2008 2009 2010 of thetotal s
Slide 8: Appendix
>» APPENDIX 8 blackbaud
Slide 9: Reconciliation of GAAP to Non-GAAP Financial Measures
RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES Blackbaud, Inc. Reconciliation of GAAP to Non-GAAP financial measures (Unaudited) Twelve months ended September 30, 2011 (in thousands) Blackbaud Convio Pro Forma Combined Total GAAP revenue $ 363,165 $ 76,933 $ 440,098 Reconcilation of net incom