L Squared Capital Partners

Canaccord Genuity Acts as Financial Advisor to L Squared Capital Partners on its Strategic Investment in Foundant Technologies

Canaccord Genuity is pleased to announce that it has advised L Squared Capital Partners on its significant growth investment in Foundant Technologies, one of the leading providers of mission-critical software solutions for the philanthropic sector. Foundant provides a suite of purpose-built, comprehensive software solutions that allow philanthropists to simplify their daily operations and have a greater impact on their communities.

Foundant Technologies has specialized in making philanthropy easier and more impactful through innovative software solutions and exceptional client experiences since 2007. Passionate about philanthropy, Foundant's team is dedicated to meeting the unique needs of grantmakers, scholarship providers, community foundations, and nonprofits to enable change-makers to make the world a better place for all.

L Squared Capital Partners is an investment firm headquartered in Newport Beach, CA, that seeks to make long-term investments in leading growth companies that operate in targeted sectors: Tech-Enabled Services & Software, Education Technology, and Industrial Technology & Services. Their unique investor base of family offices enables them to focus on long-term value creation driven by revenue and earnings growth, not financial engineering or market timing. The principals of L Squared have worked together for over a decade and have over 100 years of combined experience investing in growing private companies.

Canaccord Genuity, with a team led by Andrew Pojani and Geoff Rhizor served as financial advisor to L Squared Capital Partners.