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Announced

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Warburg Pincus completed the investment in Bloomerang.

Synopsis

Warburg Pincus, a private equity firm, completed the investment in Bloomerang, a cloud-based software company. Financial terms were not disclosed. "Year-over-year, Bloomerang customers raised 25% more on GivingTuesday 2023 than in 2022, whereas the broader sector remained flat. Our goal is to deliver a single giving platform that gives nonprofits the ability to increase donors, donations, volunteers, and support. This investment will help accelerate our mission to build a world inspired by giving," Dennis Fois, Bloomerang CEO.

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