Strategic Acquisition Barcami Lane's acquisition of McKenna Management in spring 2022 demonstrates a strategic expansion into the association management sector, indicating potential opportunities to cross-sell management and technological solutions to similar non-profit organizations.
Technology Stack McKenna Management utilizes a modern tech stack including Google Cloud services, Bootstrap, and Envoy, revealing an openness to adopting cloud-based and scalable technology platforms that could benefit other nonprofit clients seeking digital transformation.
Financial Range With annual revenues ranging from $1 million to $10 million, McKenna Management aligns with mid-sized nonprofits, providing an ideal target profile for tailored offerings in association management, software solutions, and consulting services.
Expert Leadership Experienced executives like Renee Russo and Andrew Cronin Finn, with over 10 and 7 years respectively, suggest a leadership team proficient in association management, presenting an opportunity for ongoing professional development products or consulting engagements.
Market Niche Operating within the nonprofit industry, specifically focusing on trade associations and professional societies, McKenna Management offers a clear niche for specialized services such as member engagement platforms, event tech, and nonprofit operational tools.