Houlihan Lokey Advises Great Hill Partners

Houlihan Lokey is pleased to announce that Great Hill Partners (Great Hill) has completed a growth investment in Ren.

Great Hill, a private equity firm that invests in high-growth, disruptive companies, announced a strategic growth investment in Ren, Inc., the leading provider of donor-advised fund (DAF) technology and philanthropic solutions. The investment will enable Ren to accelerate its product roadmap, scale its operations, and further expand its reach across financial advisors, wealth management firms, and philanthropic institutions.

Ren powers more than 150 DAF programs nationwide, supporting over $175 billion in charitable funding—representing roughly half of all U.S. donor-advised fund assets. Each year, Ren’s platform facilitates billions of dollars in charitable giving to hundreds of thousands of nonprofit organizations. With nearly 40 years of experience, Ren’s modern platform streamlines complex workflows, strengthens donor engagement, and delivers seamless integration across financial services and philanthropic channels.

Ren’s existing leadership team, including CEO Joe Fisher, will continue to lead the company. Great Hill will partner closely with management and existing board members to build on Ren’s momentum and advance its mission of making philanthropy more accessible, intelligent, and impactful.

In conjunction with this investment, Great Hill’s Nick Cayer, Matt Vettel, and Bob Anderson will join Ren’s existing board alongside current board members from Bain Capital and Valeas Capital, as well as Amy Danforth, former President of Fidelity Charitable.

Bain Capital’s Tech Opportunities team acquired a majority stake in Ren in 2023 and will remain a significant shareholder, continuing to support the company’s strategic vision and growth initiatives alongside Great Hill.

Houlihan Lokey acted as financial advisor to Great Hill Partners.

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