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Gloo To Acquire Westfall Group, Inc., Expanding Donor Solutions for Faith and Mission-Driven Nonprofits
Prnewswire· 2025-12-17 21:05
Core Insights - Gloo has announced a definitive agreement to acquire Westfall Group, enhancing its capabilities in donor development solutions for the faith and flourishing ecosystem [1][2] - The acquisition aims to create significant cross-sell and upsell opportunities, positioning Gloo to better serve its customers and strengthen its core competencies in donor management [2][5] Company Overview - Gloo is a technology platform focused on the faith and flourishing ecosystem, providing AI, resources, insights, and funding to support organizations [6] - Westfall Group consists of three brands: Westfall Gold, Brain Trust Creative, and Parable Talent, each specializing in different aspects of donor engagement and fundraising [2][3] Strategic Rationale - The acquisition will allow Gloo to offer a full lifecycle of donor development solutions, addressing the critical need for sustainable funding models in the nonprofit sector [1][4] - Westfall Gold utilizes data-driven insights to enhance donor experiences, serving various sectors including faith-based organizations, health, education, and corporate clients [2][3] Leadership and Operations - Following the acquisition, Westfall Group will operate as a wholly owned subsidiary of Gloo, with Bob Westfall remaining as CEO [5] - The partnership is expected to leverage synergies with Gloo's existing services, including Gloo 360 and Gloo Media Network, to amplify impact and growth opportunities [4][5]
信仰组织管理平台提供商Gloo(GLOO.US)IPO定价10-12美元/股 拟募资1亿美元
Xin Lang Cai Jing· 2025-10-31 09:15
Core Viewpoint - Gloo Holdings is planning an IPO with a target price range of $10 to $12 per share, aiming to raise $100 million and achieve a market valuation of $801 million at the midpoint of the proposed price range [1] Company Overview - Gloo Holdings provides management and marketing platforms specifically for faith-based organizations, focusing on churches and Christian groups [1] - The company offers several products, including Gloo360 (a subscription platform for cloud services, IT hosting, cybersecurity, business intelligence, and consulting), Gloo Workspace (a communication and content interaction tool), Outreach (an e-commerce marketplace), and Gloo Media Network (an advertising and donor interaction suite) [1] - As of July 31, 2025, Gloo Holdings serves approximately 57,000 paying customers [1] Financial Performance - Founded in 2013, Gloo Holdings reported a revenue of $41 million for the 12 months ending July 31, 2025 [1] - The company plans to list on NASDAQ under the ticker symbol GLOO [1] IPO Details - Gloo Holdings intends to issue 9.1 million shares as part of its IPO [1] - Roth Capital is the sole bookrunner for this transaction, with pricing expected during the week of November 17, 2025 [1]
信仰组织管理平台提供商Gloo Holdings(GLOO.US)申请在美上市 拟筹资1亿美元
智通财经网· 2025-10-20 08:13
Core Viewpoint - Gloo Holdings is seeking to raise up to $100 million through an IPO, planning to list on NASDAQ under the ticker "GLOO" [1] Company Overview - Gloo Holdings provides integrated management and marketing platforms specifically for faith-based organizations, particularly churches and Christian institutions [1] - The company's main products include: - Gloo360: An enterprise-level subscription platform offering cloud services, IT management, cybersecurity, business intelligence (BI), and consulting services - Gloo Workspace: A suite of communication, content, and interaction tools - Outreach: An e-commerce marketplace platform - Gloo Media Network: A suite of advertising and donor engagement solutions [1] Financial Performance - As of July 31, 2025, Gloo Holdings has approximately 57,000 paying customers - The company reported revenue of $41 million for the 12 months ending July 31, 2025 [1]