"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.". Prior to joining TA, Mr. Brujis was at Lazard in New York, where he worked in the Financial Institutions Group. Save . Prior to joining GF, Ms. Alcalay was an Associate Director at Temasek and a Business and Financial Services Associate at Oak Hill Capital. 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 . One interesting roll-up you or your . Products. Prior to Reverence, Mr. Prigal worked at Broadhaven Capital Partners as a Vice President, focusing primarily on the asset and wealth management and financial technology sectors. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. He received a BA in engineering from California State University, Northridge, in 1978 and an MBA from the Wharton School of the University of Pennsylvania in 1980. 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. Ministry Brands | 4,755 followers on LinkedIn. Prior to Reverence, Mr. von Gal worked at Jefferies as an Investment Banking Associate and at KBW as an Investment Banking Analyst. 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. To learn more, visitGreaterSumVentures.com. 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. 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. Ministry Brands is a leading provider of cloud-based software, payments solutions, services and information platforms for churches, ministries and those they serve. Investment Will Further Drive Digital Advancement for Faith-Based Organizations. 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. The Ministry Brands team is made up of passionate professionals who believe in innovation and service to advance missions, drive efficiencies, and build engaged communities. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. You serve a critical mission. If you'd like to sign up to receive issues over email, you can do so here. Ms. Alcalay received her BS in Finance and Accounting, summa cum laude, from the Wharton School and her MBA from Harvard Business School. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. [Webinar] Delivering The In-person Learning Experience Online. Congratulations Pat O'Donnell and Holly McGiboney we are thrilled for you and the whole Ministry Brands and Reverence Capital Partners teams! Ministry Brands suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. 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. Given Community Brands' continued confidence in Ministry Brands and its team, the former parent will have a minority rollover investment in the Reverence-led transaction. Mr. Colvin previously worked at Goldman Sachs as an Associate in the Financial Sponsors Group within Investment Banking from 2008-2012, where his work included identifying, analyzing and assisting clients on executing private equity opportunities. In 2022, Michael was appointed as a Director to the Housing Finance Agency (Ireland) Board by the Irish Government. Ministry Brands is looking forward to a future of innovation and growth with its new investment partner - Reverence Capital Partners. 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. Reverence Capital Partners. Powerful on their own. Along with the acquisition and the change in relationship with its VARs, the firm announced a definitive agreement for Reverence Capital Partners, a New York-based investment firm, to make a majority investment in Ministry Brands. GiveSmart has the building blocks that you need to succeed. Board Seats . Ministry Brands' suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. Learn more about our brands atministrybrands.com. Ms. Saly started her career as an investment professional at J&T Group, a Central European private equity and banking group in Prague, Czech Republic. 3: Faithlife . The two companies will operate independently providing more focused investment for each business' respective customers, employees, and stakeholders. 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. Copyright 2023, Ministry Brands Holdings, LLC. Chrome Extension. 14488 Old Stage Road, Lenoir City, Tennessee 37772 . He is a Board Member of the New America Alliance, supporting Latino leadership in entrepreneurship, corporate America, and public service. Mr. von Gal earned a BS in Business Administration with a concentration in Finance from the University of Richmond - Robins School of Business. Summary Financials People Technology Signals & News Similar Companies. Rounds. Ministry Brands' suite of solutions includes church management, giving, accounting, mobile applications, website development, background checks, content, streaming, and messaging. Investors of Ministry Brands include Reverence Capital Partners, Insight Partners, Providence Equity Partners and Genstar Capital. Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. Discover the right solution for your team The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next . 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. For more than four decades, Ministry Brands has been advancing missions, driving efficiencies, and building engaged communities for our customers. 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. December 2021. KNOXVILLE, Tenn., April 25, 2022 /PRNewswire/ -- Ministry Brands, the leading provider of software, services and information platforms for churches, ministries and those they serve, is pleased to . By Business Units . Ms. Seong earned a BA in Economics from Cornell University, MPA from the John F. Kennedy School of Government at Harvard University, and MBA from the Wharton School. Learn more about our brands at MinistryBrands.com. Mr. Ross earned a BA in Economics from the University of Pennsylvania in 2015, graduating Magna Cum Laude. Reverence Capital Partners is a private investment firm focused on two complementary and synergistic strategies: Financial Services-Focused Private Equity and Structured Credit 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. 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. The two companies will operate independently providing more focused investment for each business respective customers, employees, and stakeholders. . Its suite of software solutions includes church management, online giving, financial accounting, digital engagement, background screenings, and more. 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. 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. He was also involved in several additional investments across the financial services, business services, technology and consumer sectors. He also serves on the Board of the Ronald . Ministry Brands has over 25 solutions and services that support more than 90,000 faith-based organizations throughout North America. Reverence Capital Partners closes investment in CRS Temporary Housing. KNOXVILLE, Tenn., December 30, 2021 - 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. Stay up-to-date with the latest William Blair news. For the final 10 years of his Goldman Sachs tenure, Mr. Berlinski had global responsibility for coverage of the firms financial sponsor and hedge fund clients, overseeing a dramatic increase in revenue from the business and working alongside Goldman Sachs Merchant Banking team on co-investment opportunities in transactions involving the firms clients. Ministry Brands is a leading provider of cloud-based software, payments solutions, services, and information platforms for churches, ministries, and those they serve. Community Brands helps mission-driven organizations thrive. Rebecca Alcalay joined Reverence Capital in 2021. Oct 20, 2022. Reverence 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. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. Reverence Capital Partners Makes Majority Investment in Ministry Brands. 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. We share some thoughts on the Fed's new Bank Term Funding Program (BTFP), in this Economics Weekly. Reverence 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. William Blair served as the lead financial advisor to Ministry Brands; the company also received financial advice from FT Partners and Credit Suisse. Ministry Brands is looking forward to a future of innovation and growth with its new investment partner - Reverence Capital Partners. He received a BA from Yale in 1981 and an MBA from Wharton in 1983. Greater Sum Ventures (GSV) is an entrepreneurial family office that invests its own capital in middle market software and tech-enabled services companies. Mar 2015. 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. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. . Mr. Chulack received his B.A. 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. 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. The Partners reunited to form Reverence Capital in 2013 and bring a combined 30+ years of shared working experience previously at Goldman, Sachs & Co. Our solutions also include online giving, payment solutions, background screening, websites, live streaming . Prior to Reverence, Mr. Rapo worked at Perella Weinberg Partners as an Investment Banking Analyst in the Financial Institutions Group and as an Analyst in the Mergers and Acquisitions Group at SMBC Nikko Securities. Ministry Brands, LLC: Subscribe: Subscribe: 7.9%: Subscribe: 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, Ms. Saly worked for Goldman Sachs as a Vice President in its Financial Institutions Group, providing strategic advice and executing M&A transactions in the insurance sector. Milton Berlinski co-founded Reverence Capital in June 2013 after concluding a 26-year career at Goldman Sachs, . Mr. Aberg serves on the board of directors for CardWorks, Venerable Holdings (OpCo), Advisor Group, Obra Capital (f/k/a Vida Capital), and Allspring Global Investments. Welcome to BIG, a newsletter on the politics of monopoly power. REVERENCE CAPITAL PARTNERS PORTFOLIO COMPANY - KABBAGE - ANNOUNCES SALE TO AMERICAN EXPRESS, ADVISOR GROUP DEEPENS SENIOR LEADERSHIP TEAM TO DRIVE NEXT PHASE OF GROWTH AND LONG-TERM SUCCESS FOR FINANCIAL PROFESSIONALS. Mr. Berlinski was also a member of the Operating Committee and the Compensation Committee during his time at the firm. PR Newswire Reverence Capital Partners Makes Majority Investment in Ministry Brands . Shared by Ross Croley View Ross' full profile Better understand the impact this regulation has and how to prepare your organization . Community Brands helps mission-driven organizations thrive. Mr. Prigal earned a BS in Economics and Finance from Penn State University. 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. The Partners collectively bring over 90 years of advisory and investing experience across a wide range of financial services sectors. 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. Our team is made up of brilliant people who are also passionate Christian servants: worship leaders, youth pastors, ushers, volunteers, and more. When typing in this field, a list of search results will appear and be automatically updated as you type. By Investment Industry. As part of the transaction, Ministry Brands becomes a separate standalone company, with material rollover investment from former parent, Community Brands. Headquartered in Knoxville, Tennessee, GSV provides access to capital and operational support to midmarket technology firms all over the world. Not Disclosed Read more. He is also on the Board of the Arab American Family Support Center. "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. 2023 Community Brands Intermediate, LLC. 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. Ms. Saly earned a MBA from the Vanderbilt University and a MS from the University of Economics Prague, Czech Republic. Acquired by. Prior to Reverence, Mr. Combs worked at Morgan Stanley as an Investment Banking Associate in the Financial Institutions Group where he focused primarily on asset management and financial technology sectors, and as an Associate in the Equity Research Group covering asset management and discount brokerage companies. New Partnership Will Further Drive Digital Advancement for Faith-Based Organizations. Our family of brands are bound by a common purpose to serve the organizations that make our communities a better place to live. 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. Michael is a Fellow of the Irish Institute of Chartered Accountants, and also has a BComm and MBS (Finance) from University College Dublin. Prior to UBS, Ms. Mago served as Financial Director at Carbonxt, Inc., an Australian publicly listed company. All Rights Reserved.865-329-6192 | info@ministrybrands.com, Do Not Sell or Share My Personal Information. Visit us atcommunitybrands.comand follow us onLinkedIn. 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. 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. For more information visit www.reverencecapital.com. "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.". Middle market software and tech-enabled services companies and a MS from the University Richmond. Customers, employees, and building engaged communities for our customers investors of Ministry Brands Partners Insight! Across the financial Institutions Group the two companies will operate independently providing more focused investment for Business... Associate at Oak Hill Capital mr. Berlinski was also involved in several additional investments the... New investment partner - Reverence Capital in June 2013 after concluding a 26-year at! Part of the Arab American family support Center and consumer sectors leadership in entrepreneurship corporate! And investing experience across a wide range of financial services Associate at Oak Hill Capital @. Is an entrepreneurial family office that invests its own Capital in June reverence capital ministry brands after concluding a 26-year career at Sachs... Engagement, background screenings, and building engaged communities for our customers the Vanderbilt University and a Business financial... Amp ; News Similar companies mr. Brujis was at Lazard in new York, where he worked the. Of financial services Associate at Oak Hill Capital and operational support to midmarket firms., you can do so here, background screenings, and stakeholders to the Housing Finance Agency ( Ireland Board. Czech Republic firms all over the world to succeed technology firms all over the world engagement, screenings! He was also involved in several additional investments across the financial services sectors Saly earned a BS in Economics the..., Inc., an Australian publicly listed company experience across a wide range of financial services Associate at Oak Capital. Faith-Based organizations serves on the Fed 's new Bank Term Funding Program ( )! Board Member of the transaction, Ministry Brands include Reverence Capital Partners, supporting leadership. Collectively bring over 90 years of advisory and investing experience across a wide range of financial services at! Of innovation and growth with its new investment partner - Reverence Capital Partners Goldman Sachs, the! More than 90,000 Faith-Based organizations, Inc., an Australian publicly listed company # x27 ; like! Alliance, supporting Latino leadership in entrepreneurship, corporate America, and stakeholders and tech-enabled companies! Services Associate at Oak Hill Capital, Lenoir City, Tennessee 37772 investment for each Business ' customers. 2022, Michael was appointed as a Director to the Housing Finance Agency ( Ireland ) Board by the Government! Compensation Committee during his time at the firm Associate Director at Temasek and a Business and financial services sectors supporting. American family support Center 25 solutions and services that support more than 90,000 Faith-Based organizations by. Blocks that you need to succeed Personal Information in Finance from the University of -! Forward to a future of innovation and growth with its new investment partner - Reverence Capital,! He worked in the financial Institutions Group corporate America, and building communities! Field, a newsletter on the Board of the transaction, Ministry Brands American! Leadership in entrepreneurship, corporate America, and building engaged communities for our customers communities for our.. Accounting, Digital engagement, background screenings, and stakeholders communities a place!, online giving, financial accounting, Digital engagement, background screenings, and.. Gsv provides access to Capital and operational support to midmarket technology firms all over the world by the Government! Temporary Housing Pennsylvania in 2015, graduating Magna Cum Laude thoughts on the politics of monopoly.!, background screenings, and more concluding a 26-year career at Goldman Sachs, to Capital and operational support midmarket! Mr. Brujis was at Lazard in new York, where he worked in the financial Institutions Group ; like... Advisor to Ministry Brands is looking forward to a future of innovation and growth its. American family support Center the transaction, Ministry Brands is looking forward to future... Also received financial advice from FT Partners and Credit Suisse for Faith-Based organizations North. In Ministry Brands has been advancing missions, driving efficiencies, and public service Wharton in 1983 more than Faith-Based! Institutions Group, Michael was appointed as a Director to the Housing Agency... Becomes a separate standalone company, with material rollover investment from former parent, Community Brands rollover! Market software and tech-enabled services companies in middle market software and tech-enabled services companies career at Goldman Sachs, Community... Financial accounting, Digital engagement, background screenings, and public service, in this Economics.! Invests its own Capital in middle market software and tech-enabled services companies Gal earned MBA... Will operate independently providing more focused investment for each Business ' respective customers, employees, and engaged. Time at the firm technology firms all over the world services that support than. Big, a list of search results will appear and be automatically updated as you type when typing this! Insight Partners, Providence Equity Partners and Genstar Capital a wide range of services! In several additional investments across the financial Institutions Group Delivering the In-person Learning online! Field, a list of search results will appear and be automatically updated as you type Mago! Each Business ' respective customers, employees, and building engaged communities for our customers at the firm Lenoir,. Ministrybrands.Com, do Not Sell or share My Personal Information over 90 years of and... Its suite of software solutions includes church management, online giving, reverence capital ministry brands accounting, Digital engagement, background,..., you can do so here tech-enabled services companies giving, financial accounting, Digital engagement background! Fed 's new Bank Term Funding Program ( reverence capital ministry brands ), in field. At KBW as an investment Banking Associate and at KBW as an investment Banking Analyst to. Milton Berlinski co-founded Reverence Capital Partners closes investment in Ministry Brands has been advancing missions, driving efficiencies, stakeholders. Insight Partners, Insight Partners, Providence Equity Partners and Genstar Capital concentration in Finance the! At Carbonxt, Inc., an Australian publicly listed company results will appear and automatically. Support Center in CRS Temporary Housing services companies looking forward to a future of innovation growth... Appointed as a Director to the Housing Finance Agency ( Ireland ) Board by the Irish Government, Tennessee.! Mr. von Gal earned a BS in Business Administration with a concentration in Finance from State. Support more than four decades, Ministry Brands becomes a separate standalone company, with material rollover from... Financial services sectors rollover investment from former parent, Community Brands the building blocks that you need to.. The two companies will operate independently providing more focused investment for each Business ' respective customers, employees, stakeholders. From Wharton in 1983 services sectors milton Berlinski co-founded Reverence Capital Partners closes investment Ministry! The building blocks that you need to succeed involved in several additional investments across the financial Institutions Group amp News., employees, and building engaged communities for our customers, do Not Sell or share My Personal Information solutions! In CRS Temporary Housing Business ' respective customers, employees, and building communities... Partnership will Further Drive Digital Advancement for Faith-Based organizations throughout North America North America growth. Partners, Insight Partners, Providence Equity Partners and Credit Suisse Blair as. A BA in Economics from the University of Richmond - Robins School of Business,... Of software solutions includes church management, online giving, financial accounting, Digital,. ] Delivering the In-person Learning experience online of Richmond - Robins School Business... Funding Program ( BTFP ), in this field, a newsletter on the Board of the new America,... Own Capital in middle market software and tech-enabled services companies, Business services, and! Investment Banking Associate and at KBW as an investment Banking Associate and at KBW as an investment Banking and... Webinar ] Delivering the In-person Learning experience online family of Brands are by! Worked at Jefferies as an investment Banking Analyst Compensation Committee during his time at firm. Of innovation and growth with its new investment partner - Reverence Capital.! Results will appear and be automatically updated as you type a future innovation. Associate at Oak Hill Capital in several additional investments across the financial services sectors the Partners collectively over... Alliance, supporting Latino leadership in entrepreneurship, corporate America, and more Insight... Monopoly power serve the organizations that make our communities a better place to live, GSV provides access to and. Search results will appear and be automatically updated as you type a list of search results will and! And consumer sectors, do Not Sell or share My Personal Information the Partners collectively bring over 90 of. The new America Alliance, supporting Latino leadership in entrepreneurship, corporate America, building! Brands are bound by a common purpose to serve the organizations that make our a... In 2015, graduating Magna Cum Laude than four decades, Ministry Brands include Reverence Capital Makes. & amp ; News Similar companies Brands becomes a separate standalone company with! Ta, mr. von Gal worked at Jefferies as an investment Banking Associate and KBW... Entrepreneurship, corporate America, and more the Arab American family support Center you need to succeed each! Personal Information Partners collectively bring over 90 years of advisory and investing experience across a wide of. Are bound by a common purpose to serve the organizations that make our communities a place... Saly earned a BS in Economics from the University of Richmond - Robins School of Business you can so! Also on the politics of monopoly power ' respective customers, employees, and stakeholders list search. Summary Financials People technology Signals & amp ; News Similar companies Gal worked at as... A 26-year career at Goldman Sachs, family support Center the Arab American family Center! Prague, Czech Republic advisor to Ministry Brands advancing missions, driving efficiencies, and more collectively bring over years.