Not-for-Profit and Private Equity?

More and more, vendors are being asked in RFPs the question, "is your company funded by a venture capital?". Today I saw this press release:

ARC Solutions Inc., a Washington, D.C.- based provider of association management software, has raised $2 million from Advantage Capital Partners and Enhanced Capital Partners.

How do you feel about the relationship between not-for-profit vendors and private equity firms? There are a host of publicly traded companies these days in this space, Kintera and Blackbaud to name a few. Are there any feelings on these type of relationships and whether not it interferes with the interest of the community/client? Does anyone believe that this has any effect on an organization's decision to select their vendor?

4 thoughts on “Not-for-Profit and Private Equity?

    Interesting. We’ve been in this business for the last 5 years and the last few years are being asked this question more and more frequently. So for your financial disclosure, are you open about your state. Meaning, do you disclose gross or net revenues?

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