Sixth Street and BGH Capital to acquire the remaining 79.66% stake in Pushpay for $743m.

Sixth Street, a global investment firm, and BGH Capital, an Australia and New Zealand-focused private equity firm, agreed to acquire the remaining 79.66% stake in Pushpay, a cloud-based online payment solution provider, for $743m. “Pushpay will continue to focus on serving its Customers and achieving its mission of being the preferred provider of mission critical software to the US faith sector. The Company remains focused on investing in its customer service and product suite to accelerate and continue the growth opportunities the management team identifies for the business, which is a broad strategy for which both our Board and Sixth Street / BGH Consortium have indicated ongoing support," Molly Matthews, Pushpay CEO.