Markets

Huljich family sells Pushpay stake for $320m

Dan Brunskill
Tue, 23 Mar 2021

Dan Brunskill
Tue, 23 Mar 2021
Early investors in Pushpay Holdings, Peter and Christopher Huljich, have sold their stake in the company to US-based investment firm Sixth Street Partners.Sixth Street now owns 17.8% of the church management software company having bought 173 million shares from the Huljich family for $320 million, or $1.85 each.Pushpay shares jumped 6.2% to $1.88 this morning but were trading at just $1.81 when the deal was finalised yesterday.Chair Graham Shaw welcomed Sixth Street as a “new cornerstone investor” with the acquisition making it the...

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