Greenridge Investment Partners, a Texas-based private equity firm, acquires Growthzone, which is a leader in cloud-based association management software. GrowthZone provides a comprehensive membership management software solution to a range of associations and chambers of commerce, enabling strong management across many aspects of organizations' operations. Its expertise coupled with experience of Greenridge is a sure bet to disrupt the present fintech market scenario.

Commenting on this acquisition, Ben Moss, Co-Founder & Partner, Greenridge Investment Partners, says, “As an emerging market leader with a proven management team, GrowthZone is exactly the type of business Greenridge is committed to investing in." He also remarks, "While competitors remain focused on consolidation strategies, GrowthZone's commitment to product innovation and superior customer service has created the leading AMS solution in the marketplace, and we are excited to help this team further build on its success.”

Jack Cardwell, Co-Founder & Partner, Greenridge Investment Partners, further adds, “Beyond finding a

As an emerging market leader with a proven management team, GrowthZone is exactly the type of business Greenridge is committed to investing in

wonderful company to invest in, we feel incredibly fortunate to have the opportunity to work alongside a team that shares our values. GrowthZone is a fantastic company, led by a special group of people, and we are proud to be their partners.”

“At GrowthZone we believe communities matter and that associations are the unsung heroes that help communities and industries thrive. This investment will allow us to continue to deliver best-in-class solutions to empower our growing customer base,” says Scott Juranek, CEO, GrowthZone. Adding to it he quotes, “In seeking an investment partner, it was important to find a like-minded group that would support our vision to invest deeply in our product and provide world-class customer support.We are confident we have found that in Greenridge.”

Headquartered in Nisswa, Minnesota, GrowthZone's association management software has helped over 3,000 member-based organizations grow and retain membership, generate revenue, engage and communicate with members and prospects, and streamline their day-to-day operations. With this investment and Greenridge's Jack Cardwell & Ben Moss joining the GrowthZone Board, the number is well poised to exponentially increase.