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New Deal


Announced

Completed

Parthenon Capital completed the investment in Cherry Bekaert.

Financials

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

Tags

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Minority

Private Equity

Private

Single Bidder

Acquisition

Friendly

Domestic

accounting firm

Completed

United States

Financial Data and Systems

Management Consulting

Synopsis

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Parthenon Capital, a private equity firm, completed the investment in Cherry Bekaert, an accounting firm. Financial terms were not disclosed. "We are excited about Parthenon's commitment to provide additional investment in technology, infrastructure and other key areas that will enable us to better serve our clients. We know our clients will share in our enthusiasm as we reimagine the future of Cherry Bekaert and the new opportunities this restructuring presents for our people and the communities where we live and work," Michelle Thompson, Cherry Bekaert CEO.

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