M&A Deal Summary

Ren Acquires Crown Philanthropic Solutions

On October 24, 2016, Ren acquired information technology company Crown Philanthropic Solutions

Acquisition Highlights
  • This is Ren’s 1st transaction in the Information Technology sector.
  • This is Ren’s 1st transaction in the United States.
  • This is Ren’s 1st transaction in Missouri.

M&A Deal Summary

Date 2016-10-24
Target Crown Philanthropic Solutions
Sector Information Technology
Buyer(s) Ren
Deal Type Add-on Acquisition

Target

Crown Philanthropic Solutions

Kansas City, Missouri, United States
Crown Philanthropic Solutions LLC is a provider of cutting-edge solutions to clients a distinct advantage: the opportunity to provide a singular philanthropic experience supported by superior technology. Their cloud-based, donor engagement technology solution enables charitable organizations to offer a singular online experience for donors.

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Buyer(S) 1

Buyer

Ren

Indianapolis, Indiana, United States

Category Company
Founded 1987
Sector Information Technology
DESCRIPTION

Ren is an independent philanthropic solutions provider in North America. Ren is a provider of Donor Advised Funds (“DAF”) software and managed services to financial advisors at the largest US financial institutions. Ren delivers custom solutions that include tax expertise, accounting support and impeccable client service, through its’ proprietary cloud computing technology. Ren was founded in 1987 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 1 of 3
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Missouri) 1 of 1
Country (United States) 1 of 3
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-09 Pinkaloo

Baltimore, Maryland, United States

Pinkaloo is a developer of modern giving solutions through modern giving accounts. Pinkaloo enables Employers, Community Foundations, and Retail Banks to empower their employees and customers to drive the most impact via their charitable giving. Donors can now centralize all of their giving by funding their account when and how they want, find projects and charities that match their passions, and quickly and easily donate from their account to any charity that they want. Pinkaloo was founded in 2016 and is based in Baltimore, Maryland.

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