Articles from Accordion

Accordion, an AI and data-powered financial consulting firm focused on private equity, today announced the appointment of three senior executives – Paul Reading, Andy Burgess, and Steve Jones – to lead its European operations. The team combines extensive experience as CFOs, operating partners, and finance leaders, ensuring clients benefit from advisors who have been in the trenches and understand the pressures of delivering value in PE-backed businesses.

Accordion, an AI and data-powered financial consulting firm focused on private-capital-backed companies, today announced that Scott Pinsonnault and John Shepherd have joined the firm as Senior Managing Directors in its Turnaround & Restructuring (T&R) Practice. Both Pinsonnault and Shepherd bring deep T&R experience with a specific focus on the energy sector including power generation and distribution, transition energy, renewables, hydrocarbons, midstream, oilfield services, and oilfield manufacturing. These strategic additions to Accordion’s already-robust team of industry experts come amid surging demand for T&R services and a wave of investment in transition energy and renewables.

Accordion, an AI and data-powered financial consulting firm focused on private equity, today announced the release of its latest report AI in the PE-Backed Finance Function.

Private equity (PE) backed CFOs are more concerned about holding onto their jobs than ever before, according to a newly released survey by Accordion, the private equity-focused financial and technology consulting firm. Findings from the firm’s third biannual survey, The State of the PE Sponsor & CFO Relationship, reveal that a whopping 91% of PE-backed CFOs say that they are worried about job security, representing a 25% increase since Accordion first reported on the statistic in 2019.

Accordion, the private equity-focused financial and technology consulting firm, today announced that Mark Copeland has joined the firm as Chief Commercial Officer, a newly created position at the Company.

Accordion, the private equity-focused financial and technology consulting firm, today announced the hiring of Andrew Hede as Senior Managing Director and Head of the Turnaround & Restructuring Practice based in New York. Hede succeeds Jim Weissenborn, who is stepping down as part of a long-planned transition after three years in the role.

Accordion, the private equity-focused financial and technology consulting firm, today announced it has signed a definitive agreement to acquire Merilytics, a world-class provider of advanced analytics, data management, and business intelligence reporting solutions to businesses around the world. Private equity sponsors and CFOs are putting increased emphasis on data & analytics to drive insights that enable faster value creation decisions, and they are looking for trusted partners to deliver those insights. The strategic acquisition of Merilytics will be the foundation of Accordion’s Data & Analytics Practice to strengthen long-term support for its CFO clients. Financial terms of the private transaction were not disclosed.

Accordion, a private equity-focused financial and technology consulting firm, announced that it has received a majority growth investment from Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, and Motive Partners (“Motive”), a specialist private equity firm focused on financial technology. Nick Leopard, Founder and CEO, and the Accordion team will remain major shareholders alongside Charlesbank and Motive. The growth investment is intended to serve as an accelerant for Accordion’s continued expansion as the premier consulting firm and digital enablement partner for PE-backed CFOs.

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.

Accordion, a private equity-focused financial and technology consulting firm, today announced that, as part of its recent acquisition of Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm, it is expanding and deepening its presence in Los Angeles. The company has tapped long-standing Mackinac executive and 15-year industry veteran Nishant Machado to lead its LA operations.

Accordion, a private equity-focused financial consulting and technology firm, today announced that it has acquired Mackinac Partners, a leading financial advisory, restructuring, and operational turnaround firm. Accordion has experienced tremendous organic growth, underscored by private equity’s focus on the role of value creation in a successful investment strategy, and accelerated by the firm’s 2018 investment from FFL Partners. As part of its ambitions to further scale and expand its scope of offerings, the Mackinac acquisition will enable Accordion to more meaningfully provide current and potential clients the kind of value stabilization and turnaround services that are critical to navigating economic uncertainty and industry disruption. It also expands Accordion’s reach beyond its current portfolio of over 200 fund sponsors and their portfolio companies, into the broader private capital marketplace.