Five Elms Capital-backed Karbon completed the acquisition of Aider.

Five Elms Capital-backed Karbon, a global provider of cloud-based practice management software for accounting firms, completed the acquisition of Aider, an AI-powered advisory platform. Financial terms were not disclosed. “This is a defining moment for the future of accounting practice management. With Aider, we’re accelerating the shift from administration to automation—giving firms the ability to automate the mundane, scale without added overhead, and deliver richer advice to their clients,” Mary Delaney, Karbon CEO.