Demonstrates Union Square Advisors’ continued momentum in providing strategic M&A advice to leading enterprise software companies focusing in the events, customer experience and payments arenas
On February 10, 2021, Union Square Advisors announced it served as exclusive financial advisor to Fonteva in its sale to Togetherwork, the leader in integrated software and payments for managing communities, groups, and organizations. Fonteva serves over 350 client organizations with a full suite of Membership, Events, eCommerce, and online Community applications built on Salesforce.
Under Togetherwork, Fonteva will be led by Chief Revenue Officer Pat McGlynn, who has been named President of Fonteva. The majority of senior management and staff will stay in place and Fonteva operations will continue out of its headquarters in Arlington, VA.
“I’m really thrilled to have Fonteva in the Togetherwork family,” said Togetherwork CEO Neil Platt. “The team there has built an incredible business – a true market leader in association and events management. I’m excited to work with Pat and all the Fontevans to continue to build on the success they have had to date by leveraging Togetherwork’s experience to better serve its customers. In addition, as Togetherwork’s first major acquisition of a company built on Salesforce, it gives us a whole new range of expansion opportunities in all our markets.”
Jerry Huskins, Fonteva CEO and Co-founder said, “I’ve always wanted to find the perfect ‘Forever Home’ for Fonteva, and I’m delighted in having found that in Togetherwork. I first met Neil and his team three years ago, and I’ve come to be impressed with how they help companies they acquire grow and flourish all while keeping true to their mission. The combination of Togetherwork’s resources and product capabilities, particularly in payments, will be a huge win for our customers, our partners, and our employees.”
Read the full press release here.
Fonteva is the leading association and events management platform built on Salesforce. Fonteva serves over 350 client organizations with a full suite of Membership, Events, eCommerce, and online Community applications built on Salesforce. Fonteva empowers its customers to achieve their mission with applications designed to improve the member experience, drive revenue growth, and increase operational efficiency. For more information about Fonteva, please visit www.fonteva.com.
Togetherwork was created in 2015, with the acquisition of OmegaFI, the leading provider of software to fraternities and sororities. Building on OmegaFi’s 25 year history of group management software coupled with payment processing, Togetherwork has grown to include organizations of all kinds, helping them grow, become more efficient, increase revenues, and provide excellent service to their members and constituents. Togetherwork is majority owned by GI Partners. GI Partners is a private investment firm based in San Francisco. To learn more about Togetherwork, please visit www.togetherwork.com.
About Union Square Advisors
Union Square Advisors is a leading technology-focused investment bank that offers strategic mergers & acquisitions advice and execution, agented private capital financing, and debt capital markets advisory services. Founded in 2007, with offices in San Francisco and New York, Union Square Advisors works with leading public and private technology companies, private equity, venture capital, and family offices across the technology landscape with a primary focus on Software, Software-Enabled Services, IT Infrastructure and Internet/Digital Media/Marketing Technology. Since inception, Union Square Advisors has advised on over 125 transactions, valued in excess of $105 billion. For more information, please visit http://www.usadvisors.com.