Accordion Receives Minority Growth Investment from FFL Partners
Summary
The investment will be used to expand Accordion’s service offerings for private equity-backed CFOs and their finance teams, attract and acquire additional talent, spur continued geographic expansion, and support the ongoing development of Accordion’s portfolio operations SaaS platform.“We’re immensely proud of the brand we’ve built, which starts and ends with our team of roll-up-their-sleeve experts who blend strategic thinking with technical skills,” said Nick Leopard, CEO and Founder of Accordion.“But, we also recognize the growing opportunity presented by a maturing and competitive private equity industry that now embraces the role of value creation in a successful investment strategy.Over the past year and a half, Accordion has made significant investments at the Managing Director level, hiring former operating partners and executives who strengthen the firm’s expertise in carve-outs, merger integration, and performance improvement, among other offerings.As the only firm focused exclusively within the Office of the CFO, Accordion acts as an extension of mid and large-cap sponsors’ internal resources and operations groups to support initiatives across the entire finance function.