INSIGHTS
Beyond the Stigma: Reframing Nonprofit Mergers
Nonprofit mergers: a powerful tool for collaboration and impact. Learn how these partnerships differ from for-profit acquisitions and how to achieve success.
Congratulations to Advocates, HMEA, and Family Continuity on their groundbreaking nonprofit merger!
Advocates, HMEA, and Family Continuity's groundbreaking merger marks a significant milestone in human services in Massachusetts and Rhode Island. By combining their strengths, this unified organization is poised to make a profound impact on the lives of over 40,000 individuals, setting a new standard for comprehensive care. This strategic alliance is a testament to the power of collaboration and shared vision, promising to transform the landscape of care in the region.
Congratulations to Venture Community Services and Life-Skills, Inc. on their momentous nonprofit merger.
On behalf of Curtis Strategy, we extend our warmest congratulations to Venture Community Services and Life-Skills, Inc. on their momentous merger! By joining forces, you are amplifying your impact and creating a powerful synergy that will undoubtedly elevate the standard of care for individuals with intellectual and developmental disabilities across Massachusetts.
Partnerships Aren't Perfect: How to Overcome the Obstacles in Nonprofit Partnerships
While strategic partnerships offer numerous benefits to nonprofits, the process of forming them can be daunting due to perceived hurdles such as identifying the right partner, creating agreements, and managing the collaboration. However, these challenges can be overcome with careful planning and execution.
Northern Virginia Affordable Housing Alliance and Alliance for Housing Solutions Merge
Curtis Strategy is pleased to announce the successful merger of the Northern Virginia Affordable Housing Alliance (NVAHA) and the Alliance for Housing Solutions (AHS) effective January 1, 2024. This transaction will create a unified voice for affordable housing advocacy in Northern Virginia.
The merger will bring together the strengths of both organizations, and create a regionally united and locally responsive impact strategy in solving the affordable housing crisis.
CUNA and NAFCU Merge to Form America's Credit Unions
Our consulting firm is proud to announce the successful merger of CUNA and NAFCU to form America's Credit Unions. This is a landmark transaction that will create the largest credit union advocacy and service organization in the United States. Together, America's Credit Unions will be able to provide even more comprehensive resources and support to credit unions of all sizes.
We are confident that this merger will be a positive development for the credit union industry and will help to ensure that credit unions continue to thrive and serve their members in the years to come.
Merger Messaging: A Strategic Approach to Communications Planning for Nonprofit Mergers
Nonprofit mergers in health and human services, associations, credit unions, and many other sectors can be complex and challenging, but they can also present significant opportunities for organizations to amplify their impact, enhance their efficiency, and serve their communities more effectively. However, for a merger to be successful, it is essential to have a strong communications plan in place. We have the steps you need to develop and implement a strong communications plan, to ensure that all stakeholders are informed about the merger, that any concerns are addressed, and that excitement and momentum are built for the new organization.
Nonprofit Merger: Connecting Due Diligence and Integration Planning
Connecting due diligence and integration planning can help to minimize disruptions to operations, ensure a smooth transition for staff and clients, and maximize the benefits of a nonprofit merger. Get tips from our team of nonprofit consultants on how to better connect due diligence and integration planning in the nonprofit merger process.
The Secret to a Successful Nonprofit Merger
In recent years there has been a massive upswing in the number of nonprofit mergers and affiliations throughout the country. As a nonprofit consulting firm that has facilitated a number of merger transactions for our clients, we have seen firsthand the factors that contribute to deal success. A nonprofit merger or affiliation (M&A) is weighted heavily on the relationships that exist between two organizations. Meaning, the currency of a nonprofit deal is the relationship that exists between the two organizations, which means the progress of the deal will move at the speed of trust.
Benefit Strategy: Keep, Cut, Create, and Communicate!
A benefits package is a great way to demonstrate how much you value your nonprofit employees. An effective benefits strategy is one that meets your employees’ needs while staying within your budget. A great benefits strategy combines employee needs, business needs, and aligns with your culture. If a merger isn’t in your future, it’s still important to reevaluate your benefits package regularly and remember to balance employee needs with the organization’s culture and budget.
Understanding the Benefits and Potential Drawbacks of Mergers
Nonprofit mergers can provide organizations with the opportunity to achieve economies of scale, increase market share, and diversify their program or service offerings. However, there are also potential drawbacks such as cultural conflicts, financial risks, and regulatory hurdles that organizations need to consider as part of the merger process.
How to Talk with Your Nonprofit Board About Mergers and Affiliations
Making the decision to explore a nonprofit merger and affiliation can feel challenging enough. However, once that decision is made, it’s time to approach your Board of Directors. As nonprofit merger and affiliation consultants, we are hearing more and more from CEO’s and Executive Directors that want to know where and how to begin. Learn how to get started and what to do along the way.
M&A Success: Keeping It Local While Taking It Global
2022 is here and it has brought with it the on-going organizational strategy of nonprofit mergers and affiliations (M&A) as a means of growth, competitive positioning, and increasing resources to retain staff. While some organizations are considering this strategy for the new year, many others are just now beginning to experience the success that is a result of their efforts.
What is the the secret to their success?
Well, as nonprofit merger and affiliation consultants, we’d tell you it’s not much of a secret at all.
The Convergence
With everything converging through more advanced technological capabilities, nonprofits need to be strategically prepared to operate and remain relevant in a more tech savvy world. As an organization looking to evolve and take advantage of the convergence, our nonprofit consultants offer three factors to consider.