ABACI Formally Integrates into Accordion Brand
Unified CFO Technology Practice Will Continue to Provide
Best-in-Class Enterprise Resourcing Planning and Enterprise Performance Management Solutions
NEW YORK – February 21, 2023 – Accordion, the private equity-focused financial and technology consulting firm, today announced that it will formally integrate ABACI, an Enterprise Resourcing Planning (ERP) and Enterprise Performance Management (EPM) consultancy specializing in NetSuite and Adaptive Planning, into the Accordion Brand.
The acquisition of ABACI in August 2022 enhanced Accordion’s already significant digital enablement expertise to offer its private equity sponsors and portfolio companies a singular partner for the full suite of people, process, and CFO technology-related services.
“ABACI completed an essential piece of our functional-specific technology practice and made Accordion the unrivaled digital-enablement partner for PE-backed CFOs,” said Nick Leopard, Accordion Founder and CEO. “There’s been complete cultural alignment in our shared focus on interactive and consultative approaches as opposed to cookie cutter solutions, and on a more human level, they’re also great people who we’re glad to have on our team.”
Accordion’s CFO Technology practice has benefited from ABACI’s enhanced NetSuite and Adaptive Planning ERP capabilities to enable broader digital transformation programs and create data transparency in a unified system, enabling PE-backed businesses to succeed in any economic environment.
“We’ve always believed technology should be implemented using a process-driven, accounting-centric, approach, and have been proud to work alongside the experts at Accordion to deliver end-to-end digital enablement for our clients,” said John Moser, Managing Director, Head of Accordion’s NetSuite Team within the CFO Tech Services Practice, and former ABACI President. “We also genuinely love the company culture at Accordion and look forward to growing together.”
“The addition of the ABACI team has made us the singular partner to provide clients with not only essential guidance around what ‘tech-stack’ levers are required, but also when and how to pull those levers, in the context of broader value creation and operational optimization strategies,” said Mike Cochran, Managing Director at Accordion and leader of the CFO Technology practice. “We’re excited to formally integrate the ABACI team into our CFO Technology Practice.”
ABACI’s 36-member team of passionate and skilled professionals will continue to work cross-functionally alongside practitioners from all corners of the firm to increase data visibility, evaluate liquidity, automate inefficient processes, and combine operational and financial metrics for a more accurate picture of company performance.
Accordion is a private equity-focused financial and technology consulting firm. Working at the intersection of sponsors and management teams, Accordion partners with clients at every stage of the investment lifecycle. The firm’s services span the entire CFO function, including operational and technical accounting, strategic financial planning and analysis, CFO-driven transformation, CFO technology, transaction execution, public company readiness, interim leadership, and turnaround and restructuring – across the broader private capital sector. With a focus on hands-on, results-oriented execution, Accordion is widely recognized as the go-to PE consultancy and the premier digital-enablement partner for portfolio CFOs. In addition, Accordion has been recognized as an employer of choice for pioneering a better way to work in finance. Accordion has a total of 10 offices including its headquarters in New York and locations in Atlanta, Boston, Charlotte, Chicago, Dallas, Detroit, Los Angeles, San Francisco, and South Florida.