Announced
Completed
Financials
Sources
Tags
Completed
Enterprise Resourcing Planning
United States
Single Bidder
Private
Domestic
Information / Data Services
Enterprise Performance Management
Majority
Friendly
Acquisition
Synopsis
Accordion, a private equity-focused financial and technology consulting firm, completed the acquisition of ABACI, an Enterprise Resourcing Planning and Enterprise Performance Management consultancy. Financial terms were not disclosed. "This acquisition is a perfect fit in our CFO Tech strategy. Adding ABACI into the Accordion family completes an essential piece of our functional-specific technology practice. And that technology has never been more important to PE-backed CFOs, or their sponsors. Whether its technology to increase data visibility, to evaluate liquidity, to automate inefficient processes, or to combine operational and financial metrics for a more accurate picture of company performance, the right investment in the right tech stack is critical and urgent," Nick Leopard, Accordion CEO.
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