Indianapolis-based Ren, a philanthropic services company has acquired Stellar Technology Solutions, a software company based in Stroudsburg, Pennsylvania. Terms of the deal were not disclosed.
Ren offers administrative services for planned-giving, such as by charities, foundations and wealthy investors.
The Pennsylvania company offers a Soft-as-a-Service (SaaS) platform that supports philanthropic fiduciaries manage accounts with financial services firms that serve them.
“This integration combines trusted technologies with Ren’s proven and time-tested charitable giving expertise,” said Ren President and CEO Joe Fisher. “We look to become the go-to source that financial institutions, advisors, and charities turn to when they seek innovative, holistic charitable giving solutions.”
With the addition of the Stellar platform, Ren offers a full suite of philanthropic capabilities, including donor-advised funds (DAFs), trust administration, managed services, and technology solutions that help manage wealth.