November 1, 2016
Ministry Brands is the country's leading SaaS provider for churches and faith-based organizations.
On October 31, it was announced that Willkie client Insight Venture Partners has agreed to make an investment in Ministry Brands, the leading provider of end-to-end cloud-based technology for faith-based organizations and educational institutions. Ministry Brands and Insight also announced the formation of a new foundation that devotes a portion of Ministry Brands' profits to the work of its church and ministry partners.
Headquartered in Knoxville, Tennessee, Ministry Brands was founded in 2012 by a team of entrepreneurs who built the company to serve churches with content management and online payments tools. Today, more than 55,000 churches benefit from a full suite of Ministry Brands services including background checks, church management software, financial accounting software, messaging, coaching programs, mobile apps and more.
Insight Venture Partners is a leading global venture capital and private equity firm investing in high-growth technology and software companies that are driving transformative change in their industries.
The Willkie deal team was led by partners Gordon Caplan and Matthew Guercio and included partners David Tarr, Michael Katz and Christopher Peters; associates Michael Casas, Timothy Andree, David Blassberger, Jason Pearl, Rose Ohanesian, Kapiljeet Dargan, Amir Ghavi, Jennifer DiNicola and Steven Grant; and law clerks Andrew Marmer, Peter Coulson, Preeta Reddy, Timothy Dembo, Elana King and Alec Smith.
