Church Software Transparency Report — Who Really Controls Your Platform
Independent Research Church Software Transparency Report
Vol. 1, Issue 1 March 25, 2026 Updates Planned
Church Technology  •  Private Equity Analysis  •  Data as of March 25, 2026

Church Software & Private Equity:
Who Really Controls Your Platform

Five investment firms and one publicly traded data company now control the software, giving platforms, and data infrastructure used by most American churches. This is what that means for your ministry.

Five Investment Firms + One Public Data Empire Control Most Church Software
0
Estimated churches under PE-backed platforms (thousands; overlap exists across platforms)
Source: Combined verified company reports
$6.5B
In annual charitable giving managed by Ministry Brands alone (total across all PE platforms is higher)
$31B
Projected church software market value by 2034
5+
Major investment firms controlling the market plus Gloo's data empire
Verified through acquisitions & press releases, March 25, 2026
01

Private Equity Control Map

The church software market is now dominated by four major private equity firms plus one S&P 500 public company. Each entity below represents thousands of churches and, in most cases, hundreds of millions of dollars in church technology and giving data.

Owned by Reverence Capital Partners
Ministry Brands
90,000+
Organizations served
  • Fellowship One — Major ChMS platform
  • Shelby Systems — Since 1976
  • ParishSOFT — 12,000+ Catholic parishes
  • Protect My Ministry — 35,000+ ministries
  • easyTithe & SimpleGive — Giving platforms
  • Church Motion Graphics — Visual content
  • + 25 more brands — 30+ acquired companies
BGH Capital & Sixth Street Partners
Pushpay & Church Community Builder
14,000+
Churches served
  • Pushpay — ~$933M USD acquisition (2023)
  • Church Community Builder — Major ChMS
  • MyChurch App — Mobile platform
  • Resi Media — Streaming services
  • LEAD App — Leadership tools
New CEO Kenny Wyatt installed April 2025, replacing Molly Matthews. Sources: Willkie Farr · CEO Announcement, Mar 2025
Backed by Accel-KKR (minority PE investor)
Tithely
50,000+
Churches served
  • Tithely — Rebranded from Tithe.ly, Aug 2025
  • Tithely Church Management — Breeze ChMS absorbed
  • Elvanto — Joined 2018
  • Tithely Tap — NFC contactless giving kiosks
  • TithelyAI — AI church data assistant (2025)
"Simply Serve" mission tagline launched Aug 2025 (not a corporate rename). $119/month All Access pricing. Sources: Religion News Service · Accel-KKR Portfolio
Roper Technologies (NASDAQ: ROP)
Subsplash
$800M
Acquisition price, July 2025
  • Subsplash — Acquired from K1, July 2025
  • The Church App — Mobile platform
  • Pulpit AI — Acquired by Subsplash, Dec 2024
  • Custom Church Apps — Acquired brands
Ownership Change July 2025 S&P 500, Fortune 1000 public company. Roper rarely divests. Sources: K1 Exit · Subsplash Joins Roper
Great Hill Partners — via Vanco
ACS Technologies + Vanco
40,000+
Churches & schools served
  • ACS Technologies — Acquired Dec 1, 2025 (est. 1978)
  • Realm — Modern ChMS platform
  • MinistryPlatform — Enterprise ChMS
  • HeadMaster — Christian school mgmt
  • Vanco Payments — Digital giving
  • RevTrak & SmartCare — School/daycare payments
New Entrant December 2025 Boston PE firm. One of the oldest ChMS providers acquired. Sources: Business Wire, Dec 3, 2025 · DLA Piper
02

The Transformation: Before vs. After Private Equity

Before Private Equity

  • 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
03

Real Impact on Churches and Ministries

Financial Pressure

PE ownership typically requires 20–30% annual returns, 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 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 Shift

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

Market Manipulation

By owning multiple competing brands simultaneously, PE firms can coordinate pricing across entire market segments, removing real competitive pressure.

04

Ministry Brands: The Mega-Consolidator

Since 2012, Ministry Brands has executed the most aggressive acquisition strategy in church technology history, growing from 3 companies to 30+ acquired brands serving 90,000+ organizations.

Scale → 90,000+ churches $6.5B giving managed 30+ acquired brands 3 ownership changes since 2012

Ownership Timeline

Ministry Brands has changed hands three times in 13 years, each transition bringing new financial expectations and profit targets.

  • 2012: Founded by entrepreneurs; initial brands included easyTithe, SimpleGive, SiteOrganic
  • 2015–2016: Genstar Capital & Providence Equity Partners acquired the company via leveraged buyout
  • 2016–2021: Insight Venture Partners made significant investment; Genstar retained minority position
  • 2021–Present: Reverence Capital Partners holds majority stake; Insight, Greater Sum Ventures & HarbourVest remain co-investors

Acquisitions by Category

Category Brands & Notes
Church Management (5 brands) Fellowship One, Shelby Systems, ParishSOFT, and others controlling core church operations
Online Giving (9 brands) easyTithe, SimpleGive, WeShare — creating a near-monopoly in church giving platforms
Church Websites (7 brands) Multiple competing website platforms now under single ownership, eliminating real competition
Background Screening Protect My Ministry serving 35,000+ ministries with child safety screening services
Visual Content Church Motion Graphics providing worship media resources to thousands of congregations
Event Management WeShare & WeGather platforms for parish and nonprofit event management
05

Gloo: The Data Empire (NASDAQ: GLOO)

Gloo is not private equity — it is something distinct: a publicly traded data and platform company that has become the commercial infrastructure layer underneath much of American evangelical Christianity. Understanding Gloo is essential to the full picture of who controls church technology.

GLOO
NASDAQ ticker (IPO: Nov 2025)
$586M
Market cap at IPO, Nov 2025
200K+
Churches reached via Outreach, Inc. alone (140K+ in Gloo Workspace network)
245M
Americans in their data profiles

What Gloo Actually Does

Gloo's mission language is "connecting the faith ecosystem" and "human flourishing." Their actual core product is behavioral data targeting — they maintain profiles on approximately 245 million Americans and sell churches the ability to run targeted digital ad campaigns at people showing behavioral signals of life crises: divorce, addiction, grief, depression, and financial stress.

Documented example (Wall Street Journal, Dec 2021): Gloo acquired a list of 30,000 divorced couples, identified their behavioral patterns, then extrapolated a targeting list of 33 million married Americans showing similar signals — which churches could buy ads against. Metro Voice News explicitly characterized Gloo as a "data mining company" when reporting on its acquisitions.

Full Acquisition & Investment Timeline

Aug 2023 / Jul 2024
Outreach, Inc. — Announced August 2023, completed July 8, 2024

Colorado Springs-based company serving 200,000+ churches with physical and digital products, church marketing resources, and engagement tools. This is one of Gloo's largest acquisitions by revenue impact — Outreach represented roughly one-third of Gloo's total revenue through mid-2025 (approximately $10M). The scale of Outreach's church reach actually exceeds Gloo's own stated 140,000-church network figure.

Oct 2023
Deal Failed
Salem Church Products — Announced $30M deal, never closed

Gloo signed an Asset Purchase Agreement on September 29, 2023 and announced the deal publicly on October 4, 2023, with a scheduled closing of November 1, 2023. Gloo could not secure the required acquisition financing and the transaction fell through. Salem Media Group retained ownership. Confirmed in Salem's 2023 Annual Report.

May 2024
Church Law & Tax + ChurchSalary — from Christianity Today (price undisclosed)

Legal compliance and compensation benchmarking tools used by thousands of church administrators nationwide.

Mar 2025
Barna Group — Strategic Investment (minority stake, undisclosed amount)

The most widely cited church research firm in America. Barna remains independently operated; Gloo holds a minority stake. Together they launched the "State of the Church 2025" monthly research initiative.

Mar 6, 2025
Carey Nieuwhof Communications (CNCL) — Strategic Investment (minority stake, undisclosed amount)

Carey Nieuwhof is arguably the most listened-to voice in church leadership media — not congregations, but the pastors, executive pastors, and church administrators who make purchasing decisions. His portfolio includes the Carey Nieuwhof Leadership Podcast (top 0.1% of all podcasts globally), a weekly newsletter reaching 100,000+ church leaders, the Art of Leadership Academy (online courses on preaching, pastoral succession, and productivity), and a private community of 1,700+ pastors.

Nieuwhof remains founder and CEO of CNCL — this is not an acquisition. But the planned integration is what gives Gloo the leverage: his courses get distributed through Gloo Workspace (their 140,000-church portal), his audience becomes advertising inventory on the Gloo Media Network, and Gloo's AI tools are applied to distribute his content more widely. Nieuwhof's newsletter and podcast audience — the exact decision-makers who choose church software — are now commercially integrated with Gloo's data platform. Nieuwhof's own quote: "There is a very short list of organizations with whom I would want to work at this level."

Jul 2025
Masterworks — Major Faith-Based Fundraising Agency

One of the largest faith-based direct response fundraising and marketing agencies, managing hundreds of millions in donor campaigns for nonprofits and ministries.

Sep 2025
Igniter — Church Creative Media

Creative media company founded 2003. Includes Igniter Media and Lightstock brands (sermon videos, church graphics, stock media marketplace).

Jan 15, 2025
Faith Assistant (formerly Bible Chat) — AI Chatbot Acquisition

Gloo acquired Faith Assistant, an AI chatbot platform previously known as Bible Chat. It creates custom AI chatbots trained on a church's own content — sermons, resources, FAQs — and runs on Gloo's proprietary Kingdom-Aligned Large Language Model (KALLM). Co-founders Chase Cappo and Andrew Rogers were retained; Cappo became Director of Gloo's AI Enterprise Division. A free tier was announced for churches with paid options through Gloo+ membership. Part of Gloo's broader strategy to embed AI infrastructure directly inside church operations.

Jan 2026
Westfall Gold / Westfall Group

Major-donor engagement platform for faith and mission-driven nonprofits. Strengthens Gloo's foothold in high-net-worth donor management.

Cambridge Analytica Allegations

A documentary ("People You May Know") alleged that Gloo worked with Cambridge Analytica — the firm at the center of the Facebook data scandal — to build a platform allowing churches and right-wing political groups to target vulnerable individuals experiencing mental health crises. Gloo denied the allegations, calling the film a "conspiracy theory."

The documentary also alleged ties between Gloo, the Koch brothers, and a strategy to recruit and "weaponize" people facing personal crises for conservative political purposes.

"He Gets Us" — Data Behind the Ads

Gloo provided the digital infrastructure behind the multi-hundred-million-dollar "He Gets Us" Jesus advertising campaign. Critics raised concerns that people who responded to ads and provided their contact information were being funneled into Gloo's data system and connected to subscribing churches — without those respondents knowing it was happening.

Metro Voice News explicitly characterized Gloo as a "data mining company" when reporting on its acquisitions. Investigative journalist Julie Roys documented how "He Gets Us" respondents became data assets within the Gloo platform ecosystem.

Post-IPO Financial Reality (as of March 25, 2026)

Gloo's stock has fallen approximately 39% from its $8 IPO price to ~$4.86 — reflecting investor concerns about operating losses despite aggressive revenue growth. Q3 FY2025 revenue was $32.6 million (up 432% YoY, largely attributable to the Masterworks acquisition). Executives reduced their salaries to $1/year for FY2026 as a cost discipline signal.

On March 24, 2025, Gloo appointed former Intel and VMware CEO Pat Gelsinger as Executive Chair and Head of Technology. FY2026 revenue guidance is $185 million. The company is growing fast but is not yet profitable.

06

Concerns for Christian Organizations

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

Controversial associations: BGH has investments in Navitas Education Company, which has been criticized for exploiting international students. Sixth Street Partners has financial ties to the gambling industry through a ~€527.5M investment in FC Barcelona, which sponsors the 1xBet gambling platform.

Ministry Brands’ Unprecedented Scale

Market domination: Serves 90,000+ organizations and processes $6.5B in annual charitable giving — the largest single concentration of church financial data under private equity in history.

Community Resistance

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

Competing Brand Ownership

Market manipulation: Ministry Brands owns multiple directly competing brands in the same product categories simultaneously, eliminating real competition and enabling coordinated pricing strategies across the entire market segment.

07

Independent Alternatives Still Exist

While private equity controls most of the market, several mission-focused alternatives remain independent. These organizations are not owned by investment firms and are not preparing for a sale.

Structurally Protected

Planning Center

Founded 2006. 100,000+ churches. Jeff Berg has legally established the Ministry Centered Foundation (501c3, EIN: 92-1945455) — a nonprofit that takes ownership when Berg steps away, making a future sale structurally impossible. Bootstrapped: no investors, no debt, no sales team.

Visit Planning Center →
Completely Free

ChurchApps

Community-driven, completely free church management suite with transparent funding and no private equity backing of any kind.

Visit ChurchApps →
Open Source Nonprofit

Rock RMS

Spark Development Network. Suggested $4.10/member donation model. Community-driven development with full source code transparency.

Visit Rock RMS →
Pure Open Source

ChurchCRM

Volunteer-developed, completely free with no monetization, no corporate control, and no data harvesting.

Visit ChurchCRM →
Free Platform

Life.Church Open

Craig Groeschel's "irrational generosity" platform serving 1M+ pastors with zero subscription fees and no private equity backing.

Visit Life.Church Open →
Community Funded

OpenLP

Open-source presentation software with voluntary donation model and fully transparent community development process.

Visit OpenLP →
Privately Held — Not PE Owned

ProPresenter

Category: Church Presentation Software. Built by Renewed Vision (founded 2000, Alpharetta, GA), ProPresenter is the industry-standard software for displaying worship lyrics, scripture, and media during services. As of March 2026, Renewed Vision remains privately held with four founding partners — Brad Weston, Matthew Broms, Greg Dolezal, and Rich Salvatierra — and no private equity investment or acquisition has been announced. 150,000+ weekly sessions, 700 million+ slides triggered monthly. Used by Bethel Church, Elevation Church, Lakewood Church, and Passion City Church. Commercial product (paid subscription), but the company has not sold out to financial investors.

Visit ProPresenter →
Sources: Renewed Vision About Page · Renewed Vision COO Announcement (June 2022) · No acquisition or PE investment found as of March 25, 2026
08

Complete Source List & Verification

Every claim in this report is sourced and linked. Data current as of March 25, 2026. All sources open in a new tab. Claims were cross-referenced across multiple outlets; where discrepancies were found, corrections were made and noted inline.

Church Software Transparency Report  •  Vol. 1, Issue 1  •  Data as of March 25, 2026  •  All claims independently sourced and linked