@marcus_sugarcoated This is a really good question.
It is always harder to merge several databases into one, than split one into multiple.
I would strive towards a single database, but it all depends on the database model and it's data. If it's a pretty straight forward database where only have a couple of relationships, then it wouldn't be too hard to keep the integrity of your users data, but if it's a more complex model, well then it will be much trickier.
If it is a rewrite of the application, including the database model, then I would merge them, but if you are only thinking of merging the data, and make it multi-tenant then it would depend more on the timeframe, the sensitivity of the data, and the complexity of the data-model.
If you have the time and knowledge to merge, then it's a good option, if you don't have it, I would suggest sticking with seperate databases (schemas) on the same database server.
Merging data and keeping the integrity is a tricky business, and it needs to be perfromed in individual steps, and every step needs to include a backup.
Sorry to not being able to give you a straight answer, it just depends on the level of complexity in the data, and your knowledge about SQL.