Blackbaud, Inc. (NasdaqGS:BLKB) will look for acquisitions. President, Chief Executive Officer Michael Gianoni said, "We are now actively evaluating opportunities as acquisitions remain an important element of our growth strategy going forward. I'll remind you that with the combination of organic growth and M&A, we have a history of double-digit revenue growth".

Executive Vice President of Finance Anthony Boor said, "We will also continue executing against our capital deployment strategy, which calls for ensuring access to adequate levels of capital to grow the business through balance sheet management, rigorous oversight of investments in the business, including acquisitions and identifying and efficiently returning excess capital to shareholders, including the option for additional share repurchases".