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RKD Group acquires Whiteboard for enhanced creativity

PRIVATEJul 27, 202613 days ago

Acquiring Company

RKD Group

Acquired Company

WORQ

PlanoMalaysia

Description

RKD Group has acquired Whiteboard, an award-winning agency, to bolster its conceptual creative capabilities. The acquisition allows RKD to offer an enhanced suite of services to its clients, leveraging Whiteboard's expertise in storytelling and technology. Whiteboard will continue to operate under its brand while collaborating closely with RKD's teams. This merger aims to bring innovative ideas to the philanthropic space.

Company Information

Company

RKD Group

Location

Plano, Texas, United States

About

RKD Group is North America's leading fundraising and marketing solutions provider to hundreds of growth-focused nonprofit organizations. With five decades of experience, RKD leverages technology, advanced data science and award-winning strategic and creative leadership to accelerate net revenue growth, build long-term donor relationships and drive the best return on investment.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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