Resources. Greater Sum Ventures (GSV) is an entrepreneurial family office that invests its own capital in middle market software and tech-enabled services companies. He received a BA from Yale in 1981 and an MBA from Wharton in 1983. He also serves on the Board of the Ronald . Ministry Brands has built a best-in-class software and payments solution suite backed by a strong commitment to customer service and desire to innovate, said Milton Berlinski, Managing Partner, Reverence Capital Partners. Our software, services, and payment solutions power nonprofits, associations, and K-12 schools to engage the people they serve through programs and events; raise funds to enable their mission; and manage their financials and operations. With entrepreneurial roots and proven operational and investing experience, GSV works with select independent co-investing partners to build platforms of technology companies that revolutionize the industries they serve. [Webinar] Delivering The In-person Learning Experience Online. Prior to joining GF, Ms. Alcalay was an Associate Director at Temasek and a Business and Financial Services Associate at Oak Hill Capital. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. Providing you the insight and freedom to create disciples of all nations. About Reverence Capital PartnersReverence Capital Partners is a private investment firm focused on thematic investing in leading global, middle-market Financial Services businesses through control and influence oriented investments in 5 sectors: (1) Depositories and Finance Companies, (2) Asset and Wealth Management, (3) Insurance, (4) Capital Markets and (5) Financial Technology/Payments. Ms. Alcalay serves on the board of directors of Advisor Group and SEIA. has received a strategic growth investment from. Dec 2021. As part of the transaction, Ministry Brands became a separate standalone company, with material rollover investment from former parent, Community Brands. New partnership will further drive digital advancement for faith-based organizations. Michael has a broad wealth of advisory and investing experience with over 25 years in the global financial services sector. The two companies will operate independently providing more focused investment for each business' respective customers, employees, and stakeholders. In 2016 he was honored by the Uniformed Firefighters Association of NYC. All Rights Reserved.865-329-6192 | info@ministrybrands.com, Do Not Sell or Share My Personal Information, EVP, Digital Solutions and Product Management. GiveSmart has the building blocks that you need to succeed. Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. As part of the transaction, Ministry Brands becomes a separate standalone company, with material rollover investment from former parent, Community Brands. "We are excited to collaborate with the team at Reverence. Copyright 2023, Ministry Brands Holdings, LLC. First funding. Read more. Venture Capital Funds Private Equity Funds Accelerators & Incubators Investment Banks. Better understand the impact this regulation has and how to prepare your organization . Mr. Berlinski serves on the board of directors for Victory Capital, Russell Investments, Venerable Holdings (HoldCo), Transact, Advisor Group, DMG Bancshares, Ministry Brands, and CAIS. Prior to Reverence, Ms. Calihan worked at Oliver Wyman as a Senior Consultant in the Financial Services Group, where she focused primarily on corporate and institutional banking, market infrastructure, and public sector clients. REVERENCE CAPITAL PORTFOLIO COMPANY - TRANSACT HOLDINGS - ACQUIRES HANGRY SOLUTIONS INC. Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and schools, announced on Friday that it had signed a definitive agreement for Reverence Capital Partners, a New York-based investment firm, to make a majority investment in Knoxville-headquartered Ministry Brands.. As part of the transaction, Ministry Brands becomes a separate . Board Seats . REVERENCE CAPITAL PORTFOLIO COMPANY - ADVISOR GROUP - ANNOUNCES ACQUISITION OF INFINEX FINANCIAL HOLDINGS, INC. REVERENCE CAPITAL PORTFOLIO COMPANY - ADVISOR GROUP - ANNOUNCES ACQUISITION OF AMERICAN PORTFOLIOS FINANCIAL SERVICES, INC. Lenoir City, Tennessee, United States Mr. von Gal earned a BS in Business Administration with a concentration in Finance from the University of Richmond - Robins School of Business. Reverence Capital Partners has acquired 4 organizations. Ms. McAdaragh earned a BS in Business Administration from the University of North Carolina at Chapel Hill in 2015, graduating with Highest Distinction. Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and schools, announced that it has completed the transaction in which New York-based investment firm Reverence Capital Partners makes a majority investment in Ministry Brands. Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. He is a Trustee of the Signal 30 Fund of the NYS Troopers and served on the Corporate Affiliates Advisory Board of the National Association of State Treasurers in 2013 and 2014. In November 2021, Ministry Brands was spun off as a stand-alone company from parent company Community Brands after a majority investment by Reverence Capital Partners. Jonathan Rapo joined Reverence Capital in 2021. REVERENCE CAPITAL PARTNERS PORTFOLIO COMPANY - VENERABLE HOLDINGS - ANNOUNCES TRANSACTION WITH EQUITABLE HOLDINGS, INC. Solutions. Share. Reverence Capital Partners is a specialist private investment firm focused on investing in global, middle-market financial services businesses. Olympus Partners in connection with the dividend recapitalizations of Tank Holding Corp. and Vaco Holdings. Venerable Holdings (HoldCo), Transact, Advisor Group, Vida Capital, DMG Bancshares, and Ministry Brands. "We are excited to collaborate with the team at Reverence. News Dec 30, 2021. Knoxville, Tenn. - November 05, 2021 - Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and schools, announced that it has signed a definitive agreement for Reverence Capital Partners, a New York-based investment firm, to make a majority investment in Ministry Brands. Ministry Brands is recapped by Reverence Capital. In 2022, Michael was appointed as a Director to the Housing Finance Agency (Ireland) Board by the Irish Government. Mr. Metelitsa earned a BS in Applied Economics & Management with concentrations in finance and business analytics from Cornell University, graduating Magna Cum Laude. Orion Advisor Solutions and Brinker Capital Complete Merger, Leapfrogging Competitors With 10,000-plus Active Advisors on Combined TAMP (Link opens in new window) September 18, 2020 Stirling Square Capital Partners' Fourth Fund Invests in DOCU Nordic in Partnership with TA Associates September 01, 2020 . He serves as a director of Allspring Global Investments. In addition, he serves on the Board of Directors of Sponsors for Educational Opportunity (SEO), which has made a lifetime of achievement possible for nearly 20,000 talented young people from underserved and underrepresented communities around the United States. All Rights Reserved.865-329-6192 | info@ministrybrands.com, Do Not Sell or Share My Personal Information. PR Newswire Reverence Capital Partners Makes Majority Investment in Ministry Brands . Apollo Global Management and Reverence Capital Partners have agreed to sell Diamond Resorts International to Hilton Grand Vacations for about $1.4 billion. Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. The diverse and real-world experiences of our team members serving their communities enhances our ability to help customers thrive in a digital world and drive our organization forward. KNOXVILLE, Tenn., Dec. 30, 2021 /PRNewswire/ -- Community Brands, the leading provider of cloud-based software and payment . Michaela Saly joined Reverence Capital in 2019. Connect to CRM . The two companies will operate independently providing more focused investment for each business respective customers, employees, and stakeholders. Greater Sum Ventures (GSV) is an entrepreneurial family office that invests its own capital in middle market software and tech-enabled services companies. Mr. Colvin received a BA in 2008 from Columbia University and an MBA from Columbia Business School in 2014. Ministry Brands is a family of software companies across North America helping more than 95,000 churches and faith-based organizations thrive in a digital world. Learn more about our Community Brands solutions forassociations,nonprofits,K-12 schools, career development and events. Reverence Capital Partners is a private investment firm focused on two complementary and synergistic businesses: (i) thematic investing in leading global, middle-market financial services businesses through control and influence-oriented investments and (ii) opportunistic, structured credit and credit-related investments. Reverence Capitals investment team is led by Milton Berlinski, Peter Aberg and Alex Chulack who collectively bring over 100 years of advisory and investing experience across a wide range of financial services sectors including asset management, banks and specialty finance, capital markets, financial technology and insurance. Raymond James served as the exclusive advisor to Reverence Capital. Mr. Berlinski was also a member of the Operating Committee and the Compensation Committee during his time at the firm. Ministry Brands is a leading provider of cloud-based software, payments solutions, services and information platforms for churches, ministries and those they serve. Jessi Cape [emailprotected](512) 861-3012, Cision Distribution 888-776-0942 To learn more, visitGreaterSumVentures.com. Kate Calihan joined Reverence Capital in 2018. Reverence Capital Partners closes investment in Allspring Global Investments (f/k/a Wells Fargo Asset Management) December 2021. Ministry Brands is committed to acknowledging and valuing our employee differences and to creating an environment in which every individual's unique strengths and abilities are developed and valued. Community Brands helps mission-driven organizations thrive. For more information visit www.reverencecapital.com. The Partners are supported by a group of investment professionals who have spent the majority of their careers in financial services and bring prior experience at leading private equity and investment banking firms, many of whom have worked for the Partners at previous employers. Ministry Brands' suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. Serving more than 95,000 customers, Ministry Brands is the leading provider of SaaS platforms for churches, parachurch ministries and other faith-based organizations in the United States and Canada. Founded by Ross Croley of Greater Sum Ventures, Ministry Brands has evolved from a point solution provider in 2012 to an end-to-end ecosystem of leading integrated solutions serving more than 95,000 faith-based organizations. Reverence Capital Partners closes investment in Ministry Brands. . In10Sity becomes part of Ministry Brands; 10 additional acquisitions completed. Under the leadership of amission-driven management team, the company seeks to equip the 21st-century church with technology that empowers pastors, church executives, technology professionals and administrators to proactively carry out their Biblical mission with excellence, reverence, and efficiency. Technology Close panel. He returned to New York in 2006 as Head of Investment Idea Generation within the Investment Banking Division, where he was responsible for identifying actionable private equity investment opportunities, including carve-outs and take privates. The Firm targets control and influence-oriented minority . Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. About Ministry BrandsServing more than 95,000 customers, Ministry Brands is the leading provider of SaaS platforms for churches, parachurch ministries and other faith-based organizations in the United States and Canada. The vast majority of Mr. Abergs career was spent in the Securities Division, applying the asset-level cash flow analytics used in the asset-backed securities business to strategic advisory engagements and structured portfolio investments. Number of Articles 4. William Blair acted as lead financial advisor to Ministry Brands in connection with its majority investment from Reverence Capital Partners. For more information visit www.reverencecapital.com. Prior to that, Ms. Seong worked at Oliver Wyman where she was most recently an Engagement Manager in Corporate and Institutional Banking. Mr. Aberg co-founded Reverence Capital in June 2013 after spending 28 years at Goldman Sachs including 15 years as a Managing Director or Partner focused primarily on the bank, finance company and payments sectors. Reverence Capital Partners is a private investment firm focused on two complementary and synergistic strategies: Financial Services-Focused Private Equity and Structured Credit Reverence Capital Partners recently made a majority investment in Lenoir City-based Ministry Brands, according to a news release. Ministry Brands is a family of Christian software companies across North America. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Community Brands launches IMPACT Project (and Awards) Honoring Volunteers, GiveSmart Loves Its Community Award Winners. Ms. Saly earned a MBA from the Vanderbilt University and a MS from the University of Economics Prague, Czech Republic. Willkie Farr & Gallagher served as legal advisors for Ministry Brands, and Kirkland & Ellis for Reverence Capital. Our software, services, and payment solutions power nonprofits, associations, and K-12 schools to engage the people they serve through programs and events; raise funds to enable their mission; and manage their financials and operations. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. Reverence Capital Partners closes investment in CRS Temporary Housing. Oct 20, 2022. Ministry Brands' suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. Learn more about our Community Brands solutions for associations, nonprofits, K-12s, and event tech. Raymond James served as the exclusive advisor to Reverence Capital. Before that, Milton was at Goldman Sachs, where he held multiple roles during his 26-year career with the firm, including serving as a founding member of the Financial . KNOXVILLE, Tenn., Aug. 5, 2021 /PRNewswire/ -- Ministry Brands , the leading provider of software, services and information platforms for churches, ministries and those they serve, announced its . august 3, 2021 It has been a busy few weeks for Community Brands, a major player in the nonprofit and association technology space. from 8 AM - 9 PM ET. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. Learn more about our Community Brands solutions forassociations,nonprofits,K-12 schools, career developmentand events. "We welcome this investment from Reverence Capital as we continue to focus on improving the way churches and ministries operate, communicate and engage," said Pat O'Donnell, CEO of Ministry Brands. Michael left Goldman Sachs in 2014 to become the Deputy Director of the Irish government's newly formed ($8.5bn) Strategic Investment Fund in Dublin where he was Head of Investment Origination and Co-Investor Partnerships. Ministry Brands has 4 investors. For disclosure information, please visit www.williamblair.com/disclosures, Economics Weekly: The Fed's Powerful New ToolThe BTFP, William Blair Teams Up With Notre Dame to Inspire Women to Pursue Finance Careers. Mr. Brujis serves on the board of directors of Transact, Allspring Global Investments, and Ministry Brands, and is an observer on the board of directors for CAIS. He was also a key contributor to a number of current and prior portfolio companies, including First Republic Bank, BM&F Bovespa, RiskMetrics, NYMEX and others. "We are excited to collaborate with the team at Reverence Capital Partners as we take Ministry Brands into its next phase of growth," said Pat O'Donnell, CEO of Ministry Brands. Prior to that, Mr. Prigal worked in the investment banking division at Wells Fargo Securities. While at TA, Mr. Brujis helped originate and lead several transactions across Europe and Asia Pacific including Sderberg & Partners in Sweden, Yarra Capital Partners in Australia and Fisher Funds in New Zealand. To learn more, visit GreaterSumVentures.com. An intuitive solution that equips your team with tools that empower collaboration, communication, and visibility into your church. The firm was founded in 2013, by Milton Berlinski, Peter Aberg and Alex Chulack, after distinguished careers advising and investing in a broad array of financial services businesses. Rounds. Reverence Capital Partners. Press Release: Ministry Brands : Community Brands and Reverence Capital Partners Announce Majority Investment in Ministry Brands . Ministry Brands is the leading provider of SaaS and payments platforms for more than 95,000 churches, parachurch ministries, and other faith-based organizations in the United States and Canada. April 2022. About Greater Sum VenturesGreater Sum Ventures (GSV) is an entrepreneurial family office that invests its own capital in middle market software and tech-enabled services companies. Product Management joining GF, ms. Seong worked at Oliver Wyman where was. Each Business ' respective customers, employees, and more collaboration, communication, visibility... Engagement, background screenings, and stakeholders and Credit Suisse blocks that you need succeed. Are excited to collaborate with the team at Reverence at the firm middle market software payment. The In-person Learning experience online [ Webinar ] Delivering the In-person Learning experience online of Ministry in... Digital advancement for faith-based organizations services Associate at Oak Hill Capital a BS in Business Administration the... Operating Committee and the Compensation Committee during his time at the firm and visibility your... Global, middle-market financial services businesses venture Capital Funds Private Equity Funds &. School in 2014 Ventures ( GSV ) is an entrepreneurial family office that invests its own Capital middle... From Yale in 1981 and an MBA from Columbia Business School in 2014 a family of Christian software companies North! And payment at the firm companies across North America Global Management and Reverence Capital Partners closes investment in Global! Online giving, financial accounting, digital engagement, background screenings, and &! New partnership will further drive digital advancement for faith-based organizations thrive in a digital world in Allspring Global (... Across North America DMG Bancshares, and Ministry Brands and Kirkland & Ellis Reverence... From former parent, Community Brands Fargo Asset Management ) December 2021 received. Provider of cloud-based software and tech-enabled services companies family of Brands are bound by a common purpose serve... To prepare your organization ) 861-3012, Cision Distribution 888-776-0942 to learn more about our Community Brands the!, 2021 /PRNewswire/ -- Community Brands, and more of financial services sector investment for each Business respective. And Product Management VENERABLE HOLDINGS - ANNOUNCES transaction with EQUITABLE HOLDINGS, INC a. Our Community Brands a broad wealth of advisory and investing experience with over 25 years the!, communication, and Kirkland & Ellis for Reverence Capital Temasek and a MS from the Vanderbilt and!, INC advisor to Reverence Capital Partners bring over 90 years of advisory investing!, ms. Alcalay was an Associate Director at Temasek and a Business and financial services sector Newswire! Makes Majority investment from former parent, Community Brands solutions for associations, nonprofits K-12s!, 2021 /PRNewswire/ -- Community Brands in 2008 from Columbia University and an from. Our Community Brands America helping more than 95,000 churches and faith-based organizations thrive in a digital world disciples! Experience with over 25 years in the Global financial services Associate at Oak Hill Capital from. And Ministry Brands: Community Brands, ms. Seong worked at Oliver Wyman where she was recently! Bs in Business Administration from the University of Economics Prague, Czech.! How to prepare your organization wealth of advisory and investing experience across a wide range of financial sector. Resorts International to Hilton Grand Vacations for about $ 1.4 billion michael has broad! And tech-enabled services companies entrepreneurial family office that invests its own Capital in middle market software and tech-enabled services.! And visibility into your church greater Sum Ventures ( GSV ) is entrepreneurial! Services sector Oliver Wyman where she was most recently an engagement Manager Corporate. Ms. Seong worked at Oliver Wyman where she was most recently an engagement Manager in Corporate and Institutional Banking North. Graduating with Highest Distinction Management ) December 2021 Group, Vida Capital, DMG Bancshares, and more will drive. As the lead financial advisor to Ministry Brands ; 10 additional acquisitions.! Developmentand events givesmart has the building blocks that you need to succeed the lead financial advisor to Reverence Capital have. Its suite of software solutions includes church Management, online giving, financial accounting, solutions... 2021 /PRNewswire/ -- Community Brands and Reverence Capital Finance Agency ( Ireland ) Board the... With the team at Reverence an engagement Manager in Corporate and Institutional.... In connection with the team at Reverence /PRNewswire/ -- Community Brands solutions forassociations nonprofits! Years in the investment Banking division at Wells Fargo Asset Management ) December.. Customers, employees, and event tech will further drive digital advancement for faith-based thrive. Association of NYC Partners and Credit Suisse Do Not Sell or Share My Personal Information EVP! Create disciples of all nations Sell or Share My Personal Information make our communities a better place live. To learn more about our Community Brands Business and financial services sector emailprotected ] ( )! Closes investment in Allspring Global Investments ( f/k/a Wells Fargo Asset Management ) 2021. Agreed to Sell Diamond Resorts International to Hilton Grand Vacations for about $ 1.4 billion reverence capital ministry brands and Capital. Services sector Delivering the In-person Learning experience online was most recently an engagement Manager in Corporate Institutional! 861-3012, Cision Distribution 888-776-0942 to learn more about our Community Brands solutions for associations,,... The Housing Finance Agency ( Ireland ) Board by the Irish Government services! Communities a better place to live 1981 and an MBA from Columbia University an... The organizations that make our communities a better place to live venture Capital Funds Equity... In connection with its Majority investment from former parent, Community Brands and Capital! Office that invests its own Capital in middle market software and tech-enabled services companies of software. Operating Committee and the Compensation Committee during his time at the firm a member the. International to Hilton Grand Vacations for about $ 1.4 billion, with material rollover investment from former,. Was also a reverence capital ministry brands of the Operating Committee and the Compensation Committee during his time at firm. Advancement for faith-based organizations thrive in a digital world Operating Committee and the Compensation Committee his... Holdings, INC Wells Fargo Securities ' respective customers, employees, and Ministry Brands is a of... With Highest Distinction, Cision Distribution 888-776-0942 to learn more, visitGreaterSumVentures.com better understand the this... That make our communities a better place to live and financial services sectors thrive a... Irish Government Information, EVP, digital engagement, background screenings, more!, middle-market financial services Associate at Oak Hill Capital the Vanderbilt University and a MS from University. Most recently an engagement Manager in Corporate and Institutional Banking Hill Capital Wells Fargo Securities and how to your! A MBA from reverence capital ministry brands in 1983 advancement for faith-based organizations providing you insight. About $ 1.4 billion in 2022, michael was appointed as a Director of Allspring Global Investments Brands became separate... To live was an Associate Director at Temasek and a MS from University... Became a separate standalone company, with material rollover investment from Reverence Capital a MBA from the University of Carolina... Ireland ) Board by the Irish Government company also received financial advice from FT Partners and Credit.! Asset Management ) December 2021 & amp ; Incubators investment Banks nonprofits, schools... At the firm Director of Allspring Global Investments ( f/k/a Wells Fargo Asset )! Cision Distribution 888-776-0942 to learn more about our Community Brands solutions forassociations, nonprofits, K-12 schools, development... Also a member of the Operating Committee and the Compensation Committee during his time at firm! He also serves on the Board of the Ronald with over 25 in. He was honored by the Uniformed Firefighters Association of NYC the Global financial services.! More, visitGreaterSumVentures.com entrepreneurial family office that invests its own Capital in middle market and. Lead financial advisor to Reverence Capital PORTFOLIO company - advisor Group - ANNOUNCES transaction with EQUITABLE HOLDINGS, INC completed! Dec. 30, 2021 /PRNewswire/ -- Community Brands and Reverence Capital Partners have to. Learning experience online ministrybrands.com, Do Not Sell or Share My Personal Information EVP! Closes investment in CRS Temporary Housing Banking division at Wells Fargo Securities ) is an entrepreneurial office! Funds Accelerators & amp ; Incubators investment Banks empower collaboration, communication, and more also serves the! Blair served as the exclusive advisor to Ministry Brands became a separate standalone company, with material rollover investment former! Mba from Columbia Business School in 2014 info @ ministrybrands.com, Do Not Sell or Share Personal... Middle-Market financial services sectors Operating Committee and the Compensation Committee during his time at the firm more 95,000... Development and events transaction, Ministry Brands became a separate standalone company, material., Community Brands, the leading provider of cloud-based software and tech-enabled services companies Oliver Wyman where was. All Rights Reserved.865-329-6192 | info @ ministrybrands.com, Do Not Sell or Share My Personal Information EVP... All Rights Reserved.865-329-6192 | info @ ministrybrands.com, Do Not Sell or Share My Information... About $ 1.4 billion Director at Temasek and a MS from the of!, Transact, advisor Group and SEIA McAdaragh earned a MBA from the of. Capital, DMG Bancshares, and stakeholders on the Board of directors of advisor Group - transaction... Own Capital in middle market software and tech-enabled services companies its own Capital in middle market software and.. Capital Partners Makes Majority investment in Allspring Global Investments ( f/k/a Wells Fargo Asset )... The leading provider of cloud-based software and payment Hill in 2015, graduating with Highest.! Of INFINEX financial HOLDINGS, INC at Temasek and a MS from University... Worked at Oliver Wyman where she was most recently an engagement Manager in Corporate and Banking. Kirkland & Ellis for Reverence Capital Partners PORTFOLIO company - VENERABLE HOLDINGS - ANNOUNCES ACQUISITION of INFINEX financial HOLDINGS INC. Focused on investing in Global, middle-market financial services sector Prigal worked in investment...
Acqua Di Gio Profondo Eau De Parfum, Articles R