Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Milwaukee Direct Marketing, Inc. dba MDM Fundraising, Inc. to RKD Group. The acquisition closed April 30, 2024.
Located in Brookfield, Wisconsin, MDM Fundraising, an RKD Group company, is a Christian fundraising and marketing agency specializing in serving Gospel Rescue Missions and Ministries. With more than four decades of experience, they serve their clients with fresh ideas and breakthrough results to move Gospel Ministries forward.
MDM Fundraising leverages 40 years of direct response service expertise specifically for faith-based initiatives. This partnership positions the two organizations as the leading audience-first fundraising solution providers for missions across North America.
RKD Group stands as North America's premier provider of fundraising and marketing solutions for hundreds of ambitious nonprofit organizations. In collaboration with its subsidiaries, Summit Marketing, Data Management Inc., and Heller Consulting, RKD harnesses technology, advanced data science, and award-winning strategic and creative leadership. This enhances net revenue growth, fosters long-term donor relationships, and maximizes return on investment.
"We are thrilled to join hands with RKD Group," said Mike Davis, President of MDM Fundraising. "Our shared purpose ensures that we remain at the forefront of innovation, accelerating growth for even more faith-based causes."
"Our shared commitment to trust, innovation and client best interest only deepens as we embark on this journey together," said Tamara Wheeler, SVP of Client Partnership and Missions Lead at RKD Group. "The collective expertise of MDM and RKD facilitates enhanced, industry-leading fundraising solutions customized for the evolving needs of faith-based organizations. Together, we'll ensure our clients are not only well-equipped to navigate today's challenges but also poised to seize tomorrow's opportunities.”
As a subsidiary of the RKD Group, MDM Fundraising will maintain its operations and continue delivering comprehensive Christian fundraising solutions to nearly 50 faith-based clients.
Generational Group Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Generational Group Affiliate, Stephen Dinehart, with the support of Vice President, M&A, Lance Thomasson closed the deal. Senior Managing Director, Ashok Tandon, and Senior M&A Advisor, Peter Stone, established the initial relationship with Milwaukee Direct Marketing, Inc. dba MDM Fundraising.
About Generational Group
Generational Group, headquartered in Dallas, is a leading, award-winning, full-service business advisory firm. With more than 350 professionals located throughout 17 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management. For more information visit generational.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240815740769/en/
Contacts
Jenna Gaston
469-694-8764
jgaston@generational.com
