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Pushpay

Australian software company From Wikipedia, the free encyclopedia

Pushpay
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Pushpay Holdings Limited, known as Pushpay, is a donor management system for charities operating within the United States.[2] In 2014 It was publicly listed on the New Zealand Stock Exchange (NZX),[3] and then the Australian Securities Exchange (ASX) on 12 October 2016 under the ticker code PPH,[4] before being taken private in 2023.

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History

Pushpay was founded in 2011 by Chris Heaslip and Eliot Crowther. Heaslip served as CEO until he resigned from the company in 2019.[5] Molly Matthews, based at the company's Seattle office, became CEO in 2021, replacing interim CEO and board member Bruce Gordon.[6]

In November 2016, Pushpay acquired Bluebridge's church app related business.

Pushpay Holdings joined the NZX50 Index in December 2017 [7] and the ASX All Ordinaries Index in March 2018. The company was added to the S&P/ASX All Technology Index upon its launch in February 2020.

In December 2019, Pushpay acquired 100% of the ownership interests in Church Community Builder for a total cash consideration of US $87.5 million, subject to customary adjustments, funded through a combination of cash on hand and proceeds from an amortising senior secured debt facility of US $62.5 million.[8][9]

In September 2020, the company released ChurchStaq, a suite including a church management system, mobile app, donor management and giving solution.[10]

In May 2023, Pushpay was delisted from the NZX and ASX after being acquired by Sixth Street Partners and BGH Capital.[11]

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References

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