Ropes & Gray Advises Bain Capital in Ren Strategic Investment

In The News
July 31, 2023

Ropes & Gray represented Bain Capital Tech Opportunities in its strategic growth investment in Ren, an Indianapolis-based technology provider for financial institutions and nonprofit organizations. The investment, Ren’s first institutional capital to date, will be used to fund new product features, rapidly scale the team, support donor-advised funds awareness, and expand Ren’s charity network. Financial terms were not disclosed. The deal was announced in a July 27 press release.

Bain Capital Tech Opportunities, a business unit of Bain Capital, invests in growing technology businesses to help them reach their full potential.

The team was led by private equity partners Elizabeth Gallucci and Charlie Boer, finance partner Scott Rolnik, litigation & enforcement partners Jonathan Klarfeld and Annie Herdman, IP transactions partner Regina Sam Penti, executive compensation & employee benefits partners Kyle Higley and Renata Ferrari, tax partners Pam Glazier and Amanda Holt, employment partner Megan Bisk, and tax counsel Carolyn Ward.