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Synopsis
Charlesbank Capital Partners, a private investment firm, and Motive Partners, a private equity firm, completed an investment in Accordion, a private equity-focused financial and technology consulting firm. Financial terms were not disclosed. “We believe in the Accordion value proposition not only conceptually, but also in practice. We have known Nick and the Accordion team for years. We have entrusted them for numerous, critical CFO-related projects within our portfolio, and we know their expertise around the entire lifecycle of an investment is needed now more than ever. We are thrilled to partner with Nick and the broader management team to help support more PE-backed CFOs, while helping Accordion reach its full potential as an organization, growth company, and transformative industry innovator. This is also our first investment in partnership with Motive Partners and we are excited to work together to help Accordion reach the next level,” Michael Choe, Charlesbank Managing Director and CEO.
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