Ministry Brands. If you'd like to sign up to receive issues over email, you can do so here. Raymond James served as the exclusive advisor to Reverence Capital. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. Reverence Capital Partners Makes Majority Investment in Ministry Brands. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. The Firm targets control and influence-oriented minority . Ministry Brands, the leading provider of software and services for faith-based, non-profit and other purpose-driven organizations, announced today the release of Ministry Brands Amplify, a new platform that is designed to help church leaders access everything they need to enable healthy ministries and expand their impact on the communities they serve all in one place with a single log in. He then joined Goldman, Sachs & Co. in 1997 initially in the TMT Group within the Investment Banking Division based in New York, and later transferred to Sydney where he was Head of the Financial Sponsors Group. "We are excited to collaborate with the team at Reverence. Empower your congregation to tithe when, where, and how they want through a giving solution built for ministries and dedicated to increasing your congregation's tithing. Reverence Capital Partners Opportunities Fund V, the firm's third financial services buyout pool, reached the $1.7 billion target in March, Connecticut Retirement Plans and Trust Funds documents said. He has extensive experience in the sector, with specific expertise working with financial technology, capital markets and asset management businesses, as well as consumer and commercial finance franchises. Mr. Cockburn earned a BS in Finance from the Stern School of Business at New York University in 2018. Reverence Capital Partners invested in Ministry Brands's Acq - Fin - II funding round. Not Disclosed Read more. Stax achieves 'unicorn' status. Ms. Mago earned her MBA from Goizueta Business School (Emory University) and her BA in Finance from the University of Florida. 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. Prior to Reverence, Mr. Metelitsa worked at Barclays as an Investment Banking Analyst in the Financial Institutions Group. Most recently, Michael was the SVP of Investor Markets at FPG Amentum in Dublin, a leading aircraft lessor, where he was responsible for investor solutions and relationships in the aviation asset class. 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 . He served as co-head of the Principal Finance Group and FICC Advisory Group in the Securities Division and as co-head of the Specialty Finance practice in the Financial Institutions Group in Investment Banking. 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. Just on another level when used together. . By Investment Industry. Mr. Colvin received a BA in 2008 from Columbia University and an MBA from Columbia Business School in 2014. Founded by Ross Croley of Greater Sum Ventures, Ministry Brands has evolved from a point solution provider of church websites and digital donations in 2012 to an end-to-end ecosystem of leading integrated solutions serving more than 95,000 faith-based organizations. 251-500. Ministry Brands is recapped by PSG in March and by Genstar in November. Outstanding tools and technology connecting faith-based organizations to the communities they serve. About Community BrandsCommunity Brands helps mission-driven organizations thrive. Serving more than 90,000 customers, Ministry Brands is the leading provider of SaaS platforms for churches, parachurch ministries and other faith-based organizations in the United States and . The firm was founded . Ministry Brands / Reverence Capital Partners Ares served as the administrative agent, joint lead arranger and joint lead bookrunner for a senior secured credit facility to support Reverence . Jonathan Rapo joined Reverence Capital in 2021. Read More. "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. Prior to Reverence, Ms. Mago was a Director at UBS in the Leveraged Finance and Financial Sponsors group with a primary focus on Financial Institutions. Mr. Chulack serves on the board of directors for Transact, Obra Capital (f/k/a Vida Capital), CRS Temporary Housing, and Ministry Brands, and is an observer on the board of directors for Russell Investments. Prior to Reverence, Ms. Alcalay was a Vice President at GF Investments, a large single-family office, where she was focused on investing in the financial services industry. Reverence Capital Partners Makes Majority Investment in Ministry Brands. Willkie Farr & Gallagher served as legal advisors for Ministry Brands, and Kirkland & Ellis for Reverence Capital. KNOXVILLE, Tenn., Dec. 30, 2021 /PRNewswire/ -- Community Brands, the leading provider of cloud-based software and payment solutions for associations, nonprofits, and schools, announced that it . Jill Seong joined Reverence Capital in 2021. Strengthen your team's ability to make an impact with a full portfolio of solutions designed to help you seed positive ripple effects for the people and communities you serve every day. The firm was founded in 2013 by Milton Berlinski, Peter Aberg, and Alex Chulack, and is located in New York, New York. David serves on the Board of Governors of the Arab American Institute based in Washington DC. Ministry Brands is a family of Christian software companies across North America. Ministry Brands is a leading provider of cloud-based software, payments solutions, services and . Dec 2021. Ministry Brands is serving more than 115,000 faith-based organizations in the United States and Canada. in Economics from Amherst College. New Partnership Will Further Drive Digital Advancement for Faith-Based Organizations. It was Liked by Pat O'Donnell Chrome Extension. Ms. Saly earned a MBA from the Vanderbilt University and a MS from the University of Economics Prague, Czech Republic. Our solutions also include online giving, payment solutions, background screening, websites, live streaming and communications. Greater Sum Ventures (GSV) is an entrepreneurial family office that invests its own capital in middle market software and tech-enabled services companies. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. REVERENCE CAPITAL PORTFOLIO COMPANY - TRANSACT HOLDINGS - ACQUIRES HANGRY SOLUTIONS INC. Reverence Capital Partners has acquired 4 organizations. Prior to Reverence, Mr. von Gal worked at Jefferies as an Investment Banking Associate and at KBW as an Investment Banking Analyst. Ministry Brands has 4 investors. Willkie Farr & Gallagher served as legal advisors for Ministry Brands, and Kirkland & Ellis for Reverence Capital. Ms. Alcalay serves on the board of directors of Advisor Group and SEIA. Prior to Reverence, Mr. Weinberg worked for Long Arc Capital focusing on investments in the financial services sector. Our platforms, solutions and services help you spend more time elevating the benefits you deliver to your community members and employees. REVERENCE CAPITAL PARTNERS PORTFOLIO COMPANY - VENERABLE HOLDINGS - ANNOUNCES TRANSACTION WITH EQUITABLE HOLDINGS, INC. Connect to CRM . 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. Learn more about our Community Brands solutions forassociations,nonprofits,K-12 schools, career developmentand events. The Tisco 2 project started in 2007 but has been suspended since 2013. Mr. Berlinski was also a member of the Operating Committee and the Compensation Committee during his time at the firm. Previously he was at Donaldson, Lufkin & Jenrette, PaineWebber, and UBS. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. Mr. Chulack received his B.A. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. Powerful on their own. He also serves on the Board of the Ronald . 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. . As part of the transaction, Ministry Brands becomes a separate standalone company, with material rollover investment from former parent, Community Brands. Ministry Brands is a leading provider of cloud-based . Reverence Capital Partners is a private investment firm engaged in financial services and middle markets. Milton Berlinski co-founded Reverence Capital in June 2013 after concluding a 26-year career at Goldman Sachs, . Headquartered in Knoxville, Tennessee, GSV provides access to capital and operational support to midmarket technology firms all over the world. Additional details of the transaction were not disclosed. The two companies will operate independently providing more focused investment for each business' respective customers, employees, and stakeholders. KNOXVILLE, Tenn. - November 5, 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. 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. "In this increasingly digital world, our transformative tech solutions enable growth and success for faith-based organizations, which will only be accelerated by the expertise and experience that the Reverence team brings to our partnership.". Ministry Brands suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. He formerly served as an observer on the board of directors for Diamond Resorts. We provide technology for church administration, worship planning, accounting and financials. For more information visit www.reverencecapital.com. He also serves on the Board of the Ronald McDonald House, the Advisory Board of the Wharton School and The Mount Sinai Department of Surgery Advisory Board. 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. Josh Metelitsa joined Reverence Capital in 2022. Ministry Brands has acquired 4 companies of its own, including 3 in the last 5 years. Prior to Reverence, Ms. McAdaragh worked at Lazard as an Analyst, where she focused on mergers and acquisitions in financial services. Acquisitions by Reverence Capital Partners Toggle navigation. For more information visit www.reverencecapital.com. Venture Capital Funds Private Equity Funds Accelerators & Incubators Investment Banks. "We are excited about our partnership with Ministry Brands and appreciate the long track record of demonstrated growth as well as the resilience and growth opportunity within the faith-based end market," said Milton Berlinski, Managing Partner, Reverence Capital Partners. Jessica McAdaragh joined Reverence Capital in 2017. Ministry Brands in a majority investment from Reverence Capital Partners; Fenergo in its sale by Insight Partners to Astorg and Bridgepoint; Credentials Education University of Pennsylvania Law School, J.D., 2014 Pennsylvania State University, B.A., 2011. Just on another level when used . Michael has a broad wealth of advisory and investing experience with over 25 years in the global financial services sector. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. He previously served on the board of Kabbage. Milton Berlinski co-founded Reverence Capital in June 2013 after concluding a 26-year career at Goldman Sachs, which he joined in 1986 and where he served as a founding member of the Financial Institutions Group in Investment Banking, focusing on banks, consumer and commercial finance companies, asset management, insurance and capital markets. Read more. 2 IN BARRONS BEST FUND FAMILIES OF 2022, REVERENCE CAPITAL PARTNERS - ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE TIAA BANK, REVERENCE PORTFOLIO COMPANY - ADVISOR GROUP - RECOGNIZED BY THE INDUSTRY FOR LEADING THE WAY ON DIVERSITY WITH WOMEN IN SENIOR POSITIONS THROUGHOUT THE LEADERSHIP TEAM, REVERENCE CAPITAL PARTNERS - ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE SIGNATURE ESTATE & INVESTMENT ADVISORS (SEIA), REVERENCE CAPITAL PARTNERS FUND II PORTFOLIO COMPANY - DMG BANCSHARES - CLOSES ACQUISITION OF LIBERTY BANCORP, REVERENCE CAPITAL PORTFOLIO COMPANY - CRS TEMPORARY HOUSING - ACQUIRES ASSURED RELOCATION. Ministry Brands will continue to focus on its vision to improve the way churches and ministries operate, communicate, and engage by providing transformative technology solutions that enable growth and success in the digital age. 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. 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. Stephanie Braming, CFA, partner, global head of William Blair Investment Management LLC, was named one of the most influential women in U.S. finance by Barrons for a second consecutive year. Copyright 2023, Ministry Brands Holdings, LLC. 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. GiveSmart has the building blocks that you need to succeed. Prior to that, Ms. Seong worked at Oliver Wyman where she was most recently an Engagement Manager in Corporate and Institutional Banking. December 2021. Mr. Prigal earned a BS in Economics and Finance from Penn State University. Ministry Brands will continue to focus on its vision to improve the way churches and ministries operate, communicate, and engage by providing transformative technology solutions that enable growth and success in the digital age. Mr. Brujis received a BS in Operations Research with a concentration in financial engineering and a minor in economics, magna cum laude, from the Columbia University. Ministry Brands Amplify is the unification of our best-in-class church management products (People, Mobile, Giving) into one seamless, easy-to-use ChMS solution with the mission of equipping your staff, volunteers, and congregation with everything they need to foster a healthy church. All Rights Reserved.865-329-6192 | info@ministrybrands.com, Do Not Sell or Share My Personal Information. Reverence Capital Partners (Investor) on 2021-11-05 . Raymond James served as the exclusive advisor to Reverence Capital. 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. At Goldman Sachs, Mr. Colvin was directly promoted from Analyst to Associate and served on the Analyst Advisory Council. Reverence Capital Partners is a specialist private investment firm focused on investing in global, middle-market financial services businesses. Visit us at communitybrands.com and follow us on Twitter, Facebook, and LinkedIn. He started his career at Lazard Freres & Co. focusing on mergers and acquisitions in financial services. He also served as Head of Strategy and Corporate Development in the period after Goldman Sachs IPO, assisting the Executive Office and division leaders to create and execute a strategy to build out Goldman Sachs global footprint. Existing shareholders, including Insight Partners and Greater Sum Ventures, rolled equity in . Ministry Brands is a leading provider of cloud-based software, payments solutions, services and information platforms for churches, ministries and those they serve. "The level of expertise and experience they bring to our organization will help accelerate our growth strategies and further support faith-based organizations as they continue reimagining operations, funding, and community engagement in integrated digital environments.". 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