Friday, March 19, 2004

Kintera Buys Web Firm

San Diego-based Kintera (www.kintera.com) announced that it has acquired Carol/Trevelyan Strategy Group (CTSG), a provider of online tools for nonprofit organizations, political campaigns, and unions. The deal is worth roughly $5M in stock and $250K in cash. CTSG had 2003 revenues of $5.2M, and has 70 employees who will join Kintera.

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