Intrepid Investment Bankers, a leading middle-market investment bank, announced today that it acted as the buyside advisor to RKD Group, a portfolio company of Incline Equity Partners, on its acquisition of Heller Consulting. RKD Group is North America’s leading fundraising and marketing solutions provider to hundreds of growth-focused nonprofit organizations. Leveraging technology, advanced data science and award-winning strategic and creative leadership to accelerate net revenue growth; RKD builds long-term donor relationships and drives the best return on investment.
Heller Consulting empowers nonprofit organizations with technology strategy, CRM planning, implementation and change management services. With three decades of experience, Heller leverages customized solutions to significantly expand the impact of their clients’ missions. Intrepid was retained by RKD Group to identify strategic acquisition candidates to strengthen their portfolio of solutions tailored to support nonprofit organizations.
“The combination of RKD and Heller directly addresses two common challenges for nonprofits: foundational technology and data practices, as well as the strategic use of that technology to drive improved fundraising outcomes,” said RKD Group CEO Chris Pritcher. “We are delighted to have supported Incline and RKD with the highly strategic acquisition of Heller and we look forward to RKD’s continued growth and success,” said Steve Nelson, Managing Director, Head of Financial Sponsor Coverage at Intrepid.
Incline Equity Partners is a leading private equity firm dedicated to investing across the middle-market in distribution, business services and manufacturing companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.