Transaction

Clearwater advises Advent and Leetchi on its acquisition of iRaiser

Transaction

Leetchi acquired iRaiser

Buy-side

Undisclosed

Role

Adviser to Advent and Leetchi on its acquisition of iRaiser

Sector

Consumer
Tech & Tech Services

Region

France & Belgium

We have advised Leetchi, group gifting and personal fundraising website, and Advent on the acquisition of iRaiser.

Since its establishment in 2009, Leetchi has revolutionised generosity by offering a simple and secure online crowdfunding platform. Over the past 15 years, it has collected more than €2bn and built a loyal user base of 15 million active individuals. From group gifting to shared events and charitable donations, Leetchi has become a trusted platform for facilitating generosity at scale.

Leetchi and iRaiser have joined forces to create Donora, a newly formed group with the ambition to lead Europe in digital solutions for generosity. This union capitalises on the strengths of both companies: iRaiser’s industry-leading B2B SaaS solutions, trusted by Europe’s foremost NGOs, and Leetchi’s well-recognised and respected B2C brand.

With a combined history spanning 15 years, €4.5bn raised, and operations in 18 countries, Donora is uniquely positioned to tap into Europe’s €50bn charitable giving market. The group will support non-profits, foundations, healthcare organisations, and individual change-makers, offering an unparalleled suite of solutions for fostering generosity.

Advent hands people

This acquisition symbolises the union of common values and the synergy of our respective skills. Leetchi and iRaiser share an aligned vision of solidarity and generosity. By combining our strengths, we will not only grow our businesses but also provide even more powerful solutions to support charitable initiatives.

JEROME DAGUET, CEO, Leetchi

Advisers

Transactions