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Accordion Acquires Oracle NetSuite ERP Partner ABACI

Accordion, a financial and technology consulting firm, has acquired ABACI, an enterprise resource planning (ERP) and enterprise performance management (EPM) consulting firm specializing in NetSuite and Adaptive Planning.

This is the technology M&A deal number 708 that ChannelE2E has covered so far in 2022. Browse over 1,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

Accordion acquires ABACI

Founded in 2009, Accordion is based in New York, NY. The company has his 310 employees registered on LinkedIn. Accordion’s areas of expertise include financial services, consulting, strategic finance, financial transformation, transaction execution services, financial accounting and advisory services, operational accounting, technical accounting, and performance improvement.

Founded in 2015, ABACI is based in Atlanta, Georgia. The company has his 54 employees listed on LinkedIn. ABACI specialties include NetSuite, NetSuite Consulting, NetSuite Solution Providers, NetSuite Partners, NetSuite Implementation, NetSuite Custom Development, Scripting and Integration, Adaptive Insights, ERP, Budgeting, Planning and Forecasting, NetSuite SuiteCommerce/SCA, NetSuite Sites Builder, OpenAir, SuiteSuccess and NetSuite ARM/Revenue Recognition.

The acquisition of ABACI, which follows its recent acquisition of EPM consulting firm Platform Specialists, expands Accordion’s CFO technology offerings to its clients, according to the companies. The acquisition adds 36 of his experts to his Accordion workforce in FinTech Advisory and Finance Digital Enablement. The companies also said that having Accordion’s official office in Atlanta would increase Accordion’s growing regional footprint.

Accordion Acquires ABACI: Executive Insight

Nick Leopard, CEO, Accordion

John Moser, ABACI President and CEO

Accordion CEO Nick Leopard commented on the news:

“This acquisition fits perfectly into our CFO Tech strategy. The addition of ABACI to the Accordion family completes an integral part of our feature-specific technology practice. , its technology has never been more important: technology that enhances data visibility, assesses liquidity, automates inefficient processes, or combines operational and financial metrics to improve company performance. The right investment in the right tech stack is important and urgent, whether it’s the technology that gives us a better picture of the and Adaptive Planning, ABACI’s clients will benefit from a more comprehensive suite of CFO services, as well as two employee-first All employees will benefit from the merger of the companies, and like I said, it’s a perfect fit.”

ABACI President and CEO John Moser added:

“Accordion is and will be the partner of choice for our team and clients in the future. This acquisition will provide us with broad expertise in CFO-related technologies and better support for process-driven efficiencies. is not only provided to the client, but a team of like-minded professionals rolls up their sleeves to do the job.Like ABACI, the Accordion puts people first. We value creating a performance-based culture that helps employees achieve their goals and aspirations and rewards their efforts. We focus on entrepreneurship and agility as well as creating a workplace.We value working with hardworking but often resource constrained members of our finance team. With this acquisition, that “we” will be bigger and better for our employees and clients. We are very excited to be part of the Accordion team. “