RenPSG Acquires New Jersey Company
The company was founded in 1987.
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis-based philanthropic services provider RenPSG has announced plans to acquire New Jersey-based Crown Philanthropic Solutions. Financial details of the deal were not disclosed, however RenPSG says the transaction is expected to close by the end of the year.
Once the acquisition is finalized, the combined company will be headquartered in Indianapolis, operating under the RenPSG name. The company says it will maintain the brand of Crown’s cloud-based, donor engagement technology service, DonorFirst.
"The Crown team has done a tremendous job establishing DonorFirst as one of the premier software solutions for charitable giving," said E. Edward Thompson, chief executive officer of RenPSG. "Our shared vision to revolutionize the delivery of charitable gift services has the potential to unlock tremendous opportunities for both donors and nonprofit organizations."
Thompson will continue his role as president and CEO of RenPSG following the closing of the deal. Crown CEO Laura McKnight will become executive market advisor for RenPSG and Crown Vice President of Business Development will serve as executive vice president of client advancement.
Formerly known as Renaissance Inc., the company announced in June it was rebranding itself as RenPSG in order to "more accurately reflects the knowledge, service and capabilities our team provides clients each and every day."