Investment to fuel continued growth of established market leader. Established in 1985, MicroEdge, LLC is the leading provider of software and services to the giving community worldwide. MicroEdge solutions deliver a powerful, integrated, and open framework for efficient and effective charitable giving.
Bregal Sagemount is a growth-focused private equity fund with $500 million in committed capital. Bregal Sagemount makes investments of $15 million to $150 million in market leaders in high growth segments. For more information, please see our website. - About Prizm Share
Contact:
Kathy Krais
Marketing Director
MicroEdge, LLC
(800) 899-0890 ext. 3966
kkrais@microedge.com
BREGAL SAGEMOUNT MAKES MINORITY INVESTMENT IN MICROEDGE
Investment to fuel continued growth of established market leader
New York, NY, January 8, 2013 - MicroEdge, LLC, the leading provider of solutions to the giving
community worldwide, today announced the company has received a minority investment from Bregal
Sagemount. Existing investors Vista Equity Partners and the MicroEdge management team, led by Chief
Executive Officer Preston McKenzie, will retain majority ownership. Daniel Kim, a Partner and Co-founder
of Bregal Sagemount, and Adam Fuller, a Vice President and Co-founder of Bregal Sagemount, will join
the MicroEdge Board. Additional terms were not disclosed.
“We are very pleased to bring on Bregal Sagemount as an investor,†said Mr. McKenzie. “We are proud of
our accomplishments since our founding in 1985. With the continued support and guidance of Vista
Equity Partners and the addition of our new investor, Bregal Sagemount, we are in a great position to
continue our upward trajectory by expanding our products and services to help our clients achieve the
greatest possible impact with their giving and philanthropic initiatives.â€
With thousands of clients and over 1 million users, MicroEdge provides grant making, fund management,
donor management, and corporate social responsibility software solutions for giving organizations and
corporations worldwide. These solutions deliver a powerful, integrated, and open framework to organize,
simplify and measure the act of giving.
“We are very pleased to invest in MicroEdge,†said Mr. Kim. “We look forward to pursuing additional
growth opportunities in partnership with Vista Equity Partners and the MicroEdge management team.â€
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About MicroEdge
Established in 1985, MicroEdge, LLC is the leading provider of software and services to the giving
community worldwide. MicroEdge solutions deliver a powerful, integr