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NEW YORK – Sept. 15, 2023 – Global law firm Greenberg Traurig, LLP represented GTCR in connection with its acquisition of Foundation Source, the nation’s largest provider of foundation management services.

Founded in 2000 and headquartered in Fairfield, Connecticut, Foundation Source is the market leader for private foundation administrative solutions, according to GTCR. Foundation Source provides technology-enabled administrative, compliance, tax, and advisory solutions to private philanthropists, corporations, and their foundations, supporting more than 2,000 foundations, representing charitable assets exceeding $20 billion. In 2022, Foundation Source administered charitable grants totaling more than $1.3 billion on behalf of its clients.

Founded in 1980, GTCR is “a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions,” according to its website. GTCR focuses on investing growth in companies in the financial services, technology, business and consumer services, health care, and media and telecommunications sectors. Since its inception, GTCR has invested more than $25 billion in over 270 companies, and the firm currently manages over $35 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach.

The GT team that represented GTCR was led by Ejim Peter Achi, Co-Chair of the firm’s Private Equity Practice and New York Corporate Shareholder Elina Alperovich. Other Shareholders included Richard C. Kim (New York, Corporate), Stephen M. Pepper (New York, Antitrust), David M. Greenberg (New York, Intellectual Property & Technology), Jason D. Burns (New York, Labor & Employment), Jeffrey K. Ekeberg (Chicago, Tax), Leanne Reagan (Miami, Benefits & Compensation), David Edington (Las Vegas, Real Estate), Sean W. Bezark (Chicago, Environmental), Richard M. Cutshall (Denver, Corporate); Of Counsels, Sandy Chiu (New York, Intellectual Property & Technology) and Tarica Chambliss (Washington, D.C., Antitrust); Project Attorney, Harry J. Friedman (Fort Lauderdale, Tax); Associates, Sung Jin (New York, Corporate), Genesa Olivieri (New York, Corporate), Dori E. Morris (New York, Corporate), Asna Shah (New York, Corporate), Alexander Sellinger (New York, Corporate), Selina Yoo (New York, Corporate), Taurien Buffaloe (Philadelphia, Corporate), and Henry Agee (Las Vegas, Real Estate).

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 5.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: