Reverence Capital Partners Acquires Majority Stake in Ministry Brands
November 5, 2021
New York-based private investment firm Reverence Capital Partners has made a majority investment in Ministry Brands, a provider of cloud-based software and payments solutions for churches and faith-based organizations. As part of the transaction Ministry Brands is separated from former parent Community Brands (which retains a minority rollover stake) and will operate as a standalone company to accelerate product innovation and digital transformation in the faith-based market.
- Buyers
- Reverence Capital Partners, Community Brands
- Targets
- Ministry Brands
- Sellers
- Community Brands
- Industry
- Cloud & SaaS
- Location
- Florida, United States
- Transaction Type
- Buyout
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