The combination of Stellar and Ren brings together two highly complementary leaders in the DAF segment, setting the stage for a new generation of solutions to empower philanthropic organizations and donors to significantly improve processes.” Teak Murphy, Director at Capstone, commented, “We are in the midst of a rapid modernization of technology within the philanthropic segment. We selected Capstone because of their particular knowledge and depth of experience in the not-for-profit technology market.īryan Milegar CEO, Stellar Technology Solutions We’re thrilled to help our clients scale their philanthropic efforts with this comprehensive technology and services offering, now under one roof.” “The leading financial services firms and nonprofit organizations that run on our iPhi™ platform will now also have access to Ren’s full suite of administrative services and giving experiences. “As DAFs continue to grow in popularity, there has never been a better time to join forces with Ren,” said John Coogan, President at Stellar. Stellar’s iPhi software solutions power some of the largest and most well-respected community foundations, religious philanthropies and commercially sponsored donor advised funds (DAFs), planned giving, and endowment programs in the United States. The company offers the iPhi TM product suite, a web-based, enterprise level philanthropic management software for charitable organizations and financial institutions. Terms of the deal were not disclosed.īased in Stroudsburg, Pennsylvania, Stellar Technology Solutions is a leading provider of philanthropic fiduciary enterprise solutions. Capstone Partners advised Stellar Technology Solutions-a provider of philanthropic fiduciary enterprise SaaS and professional services-on its sale to Ren Inc.
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