BryteBridge Group has completed a significant expansion of its nonprofit services platform by acquiring Foundation Group, a long-established provider of nonprofit compliance and accounting services based in Nashville. The acquisition strengthens BryteBridge’s position in serving small and medium-sized nonprofit organizations across the United States as demand for expert formation, compliance, and accounting support continues to accelerate.
BryteBridge, headquartered in Winter Park, offers software tools and outsourced services that support nonprofit organizations through various stages of growth. Foundation Group, founded in 1995 by Greg McRay, has established a 30-year track record as a key partner to over 25,000 nonprofits seeking guidance on formation, tax exemption, compliance, and financial management. The combination of the two organizations brings together deep expertise, expanded service lines, and enhanced visibility within the nonprofit sector.
The merged platform forms what the companies describe as the most comprehensive ecosystem of services and software available to underserved nonprofits. The integration unifies Foundation Group’s Assurance membership program with BryteBridge’s Connect membership platform, offering organizations a broader range of resources, tools, and expert assistance. The combined group now spans nonprofit formation, reinstatement, IRS recognition, accounting, tax preparation, compliance management, educational resources, and financial tools through offerings such as MoneyMinder, Nonprofit Suite, 501c3 Center, and the newly added Foundation Group.
Backed by RFE Investment Partners and Knox Capital, BryteBridge has been expanding rapidly through organic growth and strategic acquisitions. With the addition of Foundation Group, BryteBridge’s portfolio will have assisted more than 70,000 nonprofits and represent over 50 years of sector experience. The acquisition further reflects investor interest in platforms that cater to mission-driven organizations requiring specialized administrative and regulatory support.
Foundation Group’s operations and expertise, built over decades in the nonprofit formation and compliance field, will continue under the BryteBridge umbrella. The company’s alignment with BryteBridge’s mission and long-term growth strategy was cited as a defining factor in the transaction. Both organizations emphasize that the combined team will provide a strengthened foundation for nonprofits navigating evolving regulatory requirements, financial complexity, and organizational risk.
KEY QUOTES:
“We are thrilled to be joining forces with Greg and the rest of the team at Foundation Group. The Company brings a wealth of additional experience and subject-matter experts that will allow us to better serve our clients.”
“Foundation Group’s Assurance membership program coupled with BryteBridge’s Connect membership platform will provide our clients a full spectrum of expert help and resources that no other nonprofit-focused company can offer. Together, we will be the go-to resource for nonprofits seeking assistance for all of their formation, compliance, accounting, and tax-related needs.”
Mike Bryant, CEO, BryteBridge
“Foundation Group has found the perfect home with BryteBridge. It was clear since we first met the BryteBridge team that our cohesive mission and vision align perfectly. We’re looking forward to the next chapter of growth for the combined organization and continued support for our nonprofit clients.”
Greg McRay, Founder, Foundation Group
