Nachrichten August 23, 2021

Pushpay’s Agreement to Acquire Resi Media for $150 Million

Shearman & Sterling advised Pushpay Holdings Limited (Pushpay) in connection with its definitive agreement to acquire 100 percent of the ownership interests in Resi Media for $150 million in cash and Pushpay shares. The acquisition is expected to close by the end of August subject to satisfaction of customary closing conditions.

Pushpay provides a donor management system, including donor tools, finance tools and a custom community app, and a church management system to the faith sector, non-profit organizations and education providers located predominantly in the United States and other jurisdictions. The company’s leading solutions simplify engagement, payments and administration, enabling customers to increase participation and build stronger relationships with their communities.

The Shearman & Sterling team below was supported by associates Austin Grossfeld (New York-Intellectual Property Transactions) and Daniella Villatoro (New York-Compensation, Governance & ERISA).

The Team