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Church Software Transparency

Understanding Private Equity Control in Ministry Technology
⚠️ Four Investment Firms Control Most Church Software ⚠️

The Scale of Control

Private equity firms have quietly executed one of the most comprehensive consolidations in church technology history. What started as independent, ministry-focused companies are now profit-extraction vehicles controlled by Wall Street investors.

180K+
Churches under private equity control
Source: Combined verified totals from company reports
$6.5B
In charitable giving managed by PE firms
$31B
Projected church software market by 2034
4
Major PE firms controlling the market
Source: Verified through company acquisitions and press releases

🎯 Private Equity Control Map

The church software market is now dominated by four major private equity firms.
Each circle below represents billions in assets under management and thousands of churches under their control.
Ministry Brands
(Reverence Capital)
95,000+ Organizations Controlled
  • Fellowship One - 4,500+ churches
  • Shelby Systems - Since 1976
  • ParishSOFT - 9,000+ Catholic parishes
  • Protect My Ministry - 35,000+ ministries
  • easyTithe & SimpleGive - Giving platforms
  • Church Motion Graphics - Visual content
  • WeShare & WeGather - Events & management
  • + 24 More Brands - Total: 31 companies
BGH Capital &
Sixth Street Partners
14,000+ Churches Served
  • Pushpay - $1.3B acquisition (2023)
  • Church Community Builder - Major ChMS
  • MyChurch App - Mobile platform
  • Resi Media - Streaming services
  • LEAD App - Leadership tools
Accel-KKR
37,000+ Churches Served
  • Tithe.ly - Major giving platform
  • Breeze ChMS - Acquired 2021
  • Elvanto - Joined 2018
  • Combined Platform - Integrated ecosystem
Sources: Accel-KKR Portfolio Page | Company announcements
K1 Investment
Management
Thousands Organizations Served
  • Subsplash - Acquired 2019
  • The Church App - Mobile platform
  • Pulpit AI - Acquired 2025*
  • Custom Church Apps - Acquired brands
Sources: Mergr M&A Database | K1 Investment News
*Correction: Pulpit AI acquired by Subsplash (K1 portfolio company) in January 2025

The Transformation: Before vs After Private Equity

Before Private Equity Ownership

  • Ministry-focused development priorities
  • Competitive pricing and transparency
  • Responsive customer service
  • Church-driven feature requests
  • Independent decision making
  • Long-term ministry partnerships
  • Data privacy and security focus
  • Innovation driven by user needs

After Private Equity Takeover

  • 20-30% annual return pressure
  • Price increases and forced bundling
  • Reduced support quality and responsiveness
  • Profit-driven development priorities
  • Wall Street oversight and control
  • Preparation for eventual resale
  • Data monetization opportunities
  • Innovation focused on revenue extraction

Real Impact on Churches and Ministries

💰 Financial Pressure

Private equity ownership typically requires 20-30% annual returns, often achieved through price increases, forced platform migrations, and elimination of competitive alternatives.

🔒 Vendor Lock-in

Consolidated platforms reduce integration options and make data migration expensive, trapping churches in increasingly costly ecosystems.

📊 Data Monetization

Sensitive member, financial, and ministry data becomes a profit center for investment firms whose primary obligation is to shareholders, not congregations.

⚡ Innovation Decline

Reduced competition leads to slower development cycles and features designed to maximize recurring revenue rather than serve ministry effectiveness.

🏢 Corporate Culture

Ministry-focused teams are replaced with profit-focused management, changing the fundamental relationship between software providers and churches.

📈 Market Manipulation

By owning multiple competing brands, private equity firms can manipulate pricing across the entire market segment.

Ministry Brands: The Mega-Consolidator

The Largest Church Software Empire in History

Since 2012, Ministry Brands has executed the most aggressive acquisition strategy in church technology, growing from 3 companies to 31 acquired brands serving nearly 100,000 organizations worldwide.

Scale: 95,000+ churches • $6.5B giving managed • 31 acquired brands • 3 ownership changes since 2012

Ownership Evolution:

2012-2016: Founded by Genstar Capital & Providence Equity Partners with easyTithe, SimpleGive, SiteOrganic
2016-2021: Insight Venture Partners acquired majority stake (Genstar retained minority position)
2021-Present: Reverence Capital Partners - current owner pursuing aggressive growth

Acquisitions by Category:

Church Management (5 brands)

Fellowship One, Shelby Systems, ParishSOFT, and others controlling core church operations

Online Giving (9 brands)

easyTithe, SimpleGive, WeShare creating giving platform monopoly

Church Websites (7 brands)

Multiple competing website platforms under single ownership

Background Screening

Protect My Ministry serving 35,000+ ministries with safety services

Visual Content

Church Motion Graphics providing worship media resources

Event Management

WeShare & WeGather platforms for parish and nonprofit events

🚩 Major Red Flags for Christian Organizations

BGH Capital & Sixth Street Partners (Controls Pushpay/CCB)

Controversial Associations: BGH has investments in Navitas education company criticized for exploiting international students. Sixth Street has financial ties to gambling industry through €517.5M investment in FC Barcelona, which sponsors 1xBet gambling platform.

Ministry Brands' Unprecedented Scale

Market Domination: Controls 95,000+ organizations and $6.5B in charitable giving - the largest concentration of church financial data in private equity hands in history.

Community Resistance

Church Concerns: Religious community members report that "financial-focused goals are not well-received" and "big companies with lots of power and intent to sell make everyone nervous."

Competing Brand Ownership

Market Manipulation: Ministry Brands uniquely owns multiple competing brands in the same categories, eliminating real competition and allowing coordinated pricing strategies.

🛡️ Independent Alternatives Still Exist

While private equity controls most of the market, several mission-focused alternatives remain independent:

Planning Center

Committed Independent: Jeff Berg (owner since 2006*) has publicly pledged to never sell and will transition to nonprofit foundation.

Visit Planning Center →

Source: Planning Center Blog
*Correction: Founded around 2006, not 1996

ChurchApps

Completely Free: Community-driven, completely free church management suite with transparent funding and no private equity backing.

Visit ChurchApps →

Rock RMS

Open Source Nonprofit: Spark Development Network with suggested $4.10/member donation model and community-driven development.

Visit Rock RMS →

ChurchCRM

Pure Open Source: Volunteer-developed, completely free with no monetization, corporate control, or data harvesting.

Visit ChurchCRM →

Life.Church Open

"Irrational Generosity": Craig Groeschel's completely free platform serving 1M+ pastors with zero subscription fees or PE backing.

Visit Life.Church Open →

OpenLP

Community Funded: Open-source presentation software with voluntary donation model and transparent development process.

Visit OpenLP →

📋 Fact-Checking & Source Verification

Every major claim in this document has been independently verified through credible sources including:

Official Company Sources

  • Ministry Brands official website
  • Private equity firm press releases
  • SEC filings and acquisition announcements
  • Company portfolio pages

Business Publications

  • Fortune Magazine
  • Business Wire
  • Globe Newswire
  • PR Newswire

Industry Analysis

  • Church Tech Today
  • M&A databases (Mergr, Tracxn)
  • Market research reports
  • Investment banking documentation

🔍 Verification Process

Claims were cross-referenced across multiple sources. Where discrepancies were found, corrections were made and noted inline. All sources are linked directly within the document for independent verification.

Your Church's Digital Independence Matters

Don't let Wall Street control your ministry's digital foundation. The choice you make today determines whether your church data serves your mission or private equity profits.

  • Ask hard questions: Who owns your software provider? What are their profit requirements?
  • Ministry Brands controls 31 competing brands and $6.5B in charitable giving
  • BGH Capital has controversial investments in student exploitation schemes
  • Sixth Street Partners has financial ties to gambling industry through sports investments
  • Private equity ownership means 20-30% annual returns take priority over ministry needs
  • Independent alternatives like Planning Center and ChurchApps remain mission-focused
  • Open source options provide community-controlled, transparent alternatives
  • Your choice matters: Support companies aligned with your values, not Wall Street's profits
Choose Ministry-Focused Technology