L Squared Capital Partners in Newport Beach said it has made a “significant growth investment” in Foundant Technologies, a Bozeman, Montana-based provider of software tools for the philanthropic sector. Financial terms were not released.
“Foundant has been at the forefront of the technology-driven transformation of the philanthropic sector,” L Squared Capital partner Adam Kimura said in a statement today.
L Squared Capital Partners seeks to make long-term investments in leading growth companies that operate in the following targeted sectors: tech-enabled services & software, education technology, and industrial technology & services.