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New Deal


Announced

Completed

GTCR completed the acquisition of Foundation Source.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Domestic

Private

Completed

Private Equity

Friendly

foundation creation

administrative support

Consumer Services: Other

United States

Majority

Single Bidder

Synopsis

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GTCR, a private equity firm, completed the acquisition of Foundation Source, a provider of support services and foundation software. Financial terms were not disclosed. "Over the past two decades, Foundation Source has experienced exceptional growth, and has established itself as a leader in supporting charitable giving, providing critical resources to foundations and their donors. We are pleased to partner with Joe Mrak, whose experience in building wealth technology businesses will be important as we further enhance the Company's value proposition to clients and partners. We look forward to working with the entire Foundation Source team to continue the Company's mission of supporting positive impact through philanthropic giving," Collin Roche, GTCR Co-CEO and Managing Director.

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