TORONTO, June 18, 2018 (GLOBE NEWSWIRE) -- Globalfaces Direct Inc., (“GFD”) a leading fundraising solutions company offering outsourced multi-channel fundraising services to the not-for-profit industry, is pleased to announce the completion of an investment from CPS Capital (“CPS”), an independent private equity firm that seeks to work with owners looking for additional board and advisory resources for the operations and growth of their business. CPS focuses on partnering with businesses that based on their value proposition and growth trajectory, have an opportunity to become global leaders in their respective space.
“CPS Capital’s investment in Globalfaces Direct is a strong vote of confidence in the future of GFD and the accretive value that outsourced fundraising service partners bring to the not-for-profit industry,” stated Peter Hwang, CEO of Globalfaces Direct. “We have had tremendous success over these past 5 years in building Canada’s leading face-to-face fundraising and donor analytics company, and we see only brighter things ahead as we look to expand our service lines and begin our expansion internationally.”
Matthew Davison, Chief Operating Officer of GFD, enthusiastically stated: “We are pleased to partner with investors who are dedicated to working towards our shared vision of growth while continuously enhancing the quality of fundraising solutions we offer the not-for-profit industry. The reputation, strategic and operational experience of CPS Capital’s team will be a welcome addition to our company.”
CPS Capital seeks to find, invest-in and advise high-quality small and/or medium sized businesses. CPS provides business owners with a unique structure that is an attractive option compared to traditional financial or strategic investors. CPS Capital’s team brings strong and diverse experience from a variety of industries and functions, with decades of international management experience in the small-to-medium sized business environment. As part of the partnership with GFD, CPS Capital will advise GFD operationally while helping to grow the business organically.
“Globalfaces Direct offers a unique investment opportunity for us,” said Jeff Tung of CPS Capital. “We see a tremendous opportunity in the not-for-profit space to provide an enhanced service offering both in North America and abroad. Globalfaces has experienced exponential growth over the past 5 years and with expansion into other markets outside of Canada well underway, we expect to experience the same growth year over year.
Our objectives are to ensure our current service offerings continue to improve while we explore new and innovative ways to better serve the not-for-profit space as a one stop organization for all of their fundraising needs. We are looking forward to working with GFD’s management team as we pursue our strategic growth opportunities.”
About Globalfaces Direct Inc. Globalfaces is a leading multi-channel outsourced fundraising service provider for the Not-for-Profit industry. With over 600 fundraisers in markets throughout North America, Globalfaces provides integrated campaigns to acquire monthly sustainer donors via Face to Face, Call Center and Donor Analytics services.
