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New Deal


Announced

Completed

Accordion completed the acquisition of Platform Specialists.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Information / Data Services

Private

Enterprise Performance Management

Acquisition

Friendly

Domestic

Single Bidder

Majority

Completed

Synopsis

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Accordion, a private equity-focused financial and technology consulting firm, completed the acquisition of Platform Specialists, an Enterprise Performance Management consulting firm. Financial terms were not disclosed. "We couldn’t be more excited to welcome Platform Specialists to the Accordion family, particularly during this moment when the role of digital enablement has never been more critical to PE-backed companies. When we conducted our recent report, ‘The State of the PE Sponsor-CFO Relationship,’ PE partners ranked finance process optimization as the number one area they would like their portfolio company finance departments to focus going forward. And 84% of CFOs acknowledged an immediate need to address and modernize their technology stack. Almost every stakeholder within the broader private capital space understands the criticality and urgency of technology enablement in order to scale and create value," Nick Leopard, Accordion CEO.

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