On June 27, 2023 Peter Lehrman welcomed Accordion’s CEO and founder Nick Leopard onto the Masters in Small Business M&A podcast. Nick started Accordion after prior chapters in investment banking and private equity / mezzanine lending. Accordion has become a leading financial consulting firm focused exclusively on serving the office of the private equity-backed CFO. Their clients, which include investment leaders Bain, Apollo, Hellman & Friedman, Golden Gate, Thoma Bravo, and many others, speaks for itself.
Nick and Peter dive deep into the finance function and what the best acquirers and operators do beyond the nuts and bolts of accounting and financial statements to get real strategic leverage and value from the office of the CFO. Specifically, they talk about:
- How the up-market PE leaders professionalize the portfolio company finance function
- What business owners can unlock if you hire a great CFO earlier than one typically does
- Exploring the concept of ‘Exit Readiness’ and why it’s so valuable for owners to prioritize it
- Accordion’s own M&A story and why they turned to acquisitions alongside organic growth
- What Nick has learned watching the best PE firms transform the CFO function
- Some potentially easy wins operators can achieve with simple technology and process discipline
For Nick’s full interview on the “Masters in Small Business M&A” podcast:
LISTEN TO THE PODCAST ON SPOTIFY
LISTEN TO THE PODCAST ON APPLE PODCASTS