Breeze, LLC has been sold to Tithely
Southfield, MI – CFI USA (P&M Corporate Finance, LLC) is pleased to announce that it served as the exclusive financial advisor to Breeze, LLC (“Breeze” or the “Company”) in its sale to Tithely in August 2021.
Based in Grand Rapids, Michigan, Breeze is a user-friendly web-based church management SaaS platform that serves over 9,000 church organizations. The software helps its customers organize membership data, track attendance, manage events and facilitate online and text giving. It has become one of the largest church management software platforms in the United States. Founder and CEO of Breeze, Jon VerLee, said, “With these companies coming together, we’ll be able to serve the Church on a whole new level as we are able to provide a digital hub for all the Church’s needs.”
Tithely is a global leader in church technology, serving more than 37,000 churches in 50 countries. Tithely creates tools to engage church congregations and help churches stay connected, increase generosity and grow. These tools include digital giving solutions across eight currencies, church management software, text and email messaging, and custom church apps and websites. Dean Sweetman, Co-Founder and CEO of Tithely, said, “With this acquisition of Breeze, Tithely will be able to add incredible technology and features to our arsenal of tools for churches, and we’re even more excited for the wonderful team of nearly 50 employees who will join the Tithely family.”
Breeze selected PMCF to serve as its exclusive advisor and investment banker in the transaction. VerLee commented, “The PMCF team was incredible. They are masters at their profession, providing context and understanding at every turn. Even with the excellence they bring to the table, they always made us feel included and informed as they skillfully and humbly coached us along the way.”
The transaction closed on 31, August 2021.
The testimonials may not be representative of the experience of other clients and are no guarantee of future performance or success.
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This transaction was advised by:
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