Union Square Advisors Serves as Exclusive Financial Advisor to Fonteva in Its Sale to Togetherwork
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
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.
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“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.”
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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.”
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