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Accordion Announces Strategic Acquisition Of Cfo Tech-Enablement Provider Platform Specialists

Feb 23, 2022over 3 years ago

Acquiring Company

Accordion

Acquired Company

Platform Specialists

New YorkMedia And EntertainmentFinancial ServicesSoftwareProfessional ServicesInformation Technology

Description

Accordion, a private equity-focused financial and technology consulting firm, today announced that it has acquired Platform Specialists, an Enterprise Performance Management (EPM) consulting firm. The ability for the finance function to digitize is critical to driving operational efficiencies and enterprise-wide scaling efforts. The acquisition of Platform Specialists enables Accordion to enhance its already significant tech advisory and enablement expertise in order to offer its private equity sponsor and portfolio clients the full suite of people, process, and technology-related services.

Company Information

Company

Accordion

Location

New York, New York, United States

About

Accordion is a private equity-focused financial and technology consulting firm. Working at the intersection of sponsors and management teams, Accordion partners with clients at every stage of the investment lifecycle. The firm’s services span the entire CFO function within the private capital sector, including operational and technical accounting, strategic financial planning and analysis, CFO-driven transformation, CFO technology, transaction execution, public company readiness, interim leadership, and turnaround and restructuring. With a focus on hands-on, results-oriented execution, Accordion is widely recognized as the go-to PE consultancy and the premier digital-enablement partner for portfolio CFOs. In addition, Accordion has been recognized as an employer of choice for pioneering a better way to work in finance. Accordion has a total of 9 offices including its headquarters in New York and locations in Boston, Charlotte, Chicago, Dallas, Detroit, Los Angeles, San Francisco, and South Florida. www.accordion.com

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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