Canaccord Genuity acts as Financial Advisor to Lumaverse Technologies, a leading constituent management and engagement software provider, and PSG on a recapitalization by L Squared Capital Partners
On September 7, 2021, L Squared Capital Partners announced that thefirm is leading a recapitalization of Lumaverse Technologies, one of the leading providers of constituent management and engagement software for education, nonprofits and businesses, alongside existing investor PSG, a leading growth equity firm partnering with middle-market software and technology-enabled services companies.
Lumaverse is comprised of a suite of software solutions that help solve volunteer, membership, event and fundraising management challenges. Lumaverse products include leading solutions in these areas: online sign ups, appointment scheduling, registration, volunteer and event management, membership and donor management, and crowdfunding.
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: Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services.
PSG is a growth equity firm that partners with middle-market software and technology-enabled services companies to help them navigate transformational growth, capitalize on strategic opportunities and build strong teams.