Washington Intelligence Bureau (WIB), one of the oldest donation processing service providers in the Washington, D.C., metro area was acquired by direct response firm Moore. Terms of the deal were not disclosed.
The acquisition is Moore’s second to be announced in as many weeks. Moore previously announced it had acquired fundraising firm Amergent in Peabody, Mass.
Headquartered in Chantilly, Va., WIB will become part of Aegis Premier Solutions, a Moore company with processing facilities in Kansas, Oklahoma and now Virginia. Aegis Premier Solutions provides integrated fundraising solutions for nonprofit donor management and donation processing.
According to Dun & Bradstreet data, WIB generates $13.75 million in sales.
Moore made the investment in WIB as part of its ongoing plan to expand donation processing in overall capacity and location diversification. WIB provides caging, lockbox and escrow services, along with document handling and database management services at its PCI Level 1 compliant facility, Moore officials said.
John Robinson, whose grandmother launched the company in 1959, will remain president of WIB and reporting to Gretchen Littlefield, chief executive officer of Moore.
“We are committed to expansion through technology and facility diversification. We know WIB is a trusted leader with a track record of excellent performance. Their vision for the future aligned with ours. With them as part of Aegis Premier Solutions, we are in an even better position to handle the success of our customers,” said Littlefield.
Aegis Processing Solutions handles caging and lockbox operations, among other financial procedures. The organization’s processing center is warehoused in a 600,000 square foot facility featuring state-of-the-art security technology and infrastructure, to ensure client data is always safe and secure. Moore has 3,000 employees in 35 locations across the country.