Accordion (company)

American Consulting Company

Accordion Partners LLC

Trade name

| Accordion
Company type| Private company
Industry| Consulting firm
Founded| 2009
Founder| Nick Leopard
Headquarters| New York City, New York, United States

Number of locations

| New York City, Los Angeles, San Francisco, Chicago, Dallas, Boston, Hyderabad, Atlanta, Charlotte, London

Area served

| Global

Key people

| Nick Leopard
(CEO & Founder)[1]
Atul Aggarwal
(President)
Jon Apter
(CFO)
Services| Corporate Finance
Financial Advisory
Forensic Accounting
Turnaround
Restructuring
Management consulting
Data & Analytics

Number of employees

| 1,200+
Website| Accordion.com

Accordion Partners LLC is a private equity-focused business advisory and management consulting firm headquartered in New York operating under Accordion brand. The firm specializes in corporate and strategic finance, merger and acquisition execution, public company readiness, turnaround and restructuring, and AI & CFO technology. Accordion helps CFOs and their finance teams drive transformation and value across the private equity landscape.

## History

[edit]

Accordion was founded in 2009 as Accordion Partners LLC by Nick Leopard, a former Bear Stearns investment banker.[2] According to The Wall Street Journal, the firm "specializes in services for the chief financial officers and finance teams at private-equity portfolio companies."[3]

In 2017, Accordion announced the expansion of their services into California with the opening of their San Francisco office.[4]

In 2018, the private equity firm FFL Partners took a minority stake in Accordion.[5]

Atul Aggarwal joined as president in April 2019[6] to support the firm's new operating model and accelerate growth.[7] Aggarwal was previously a Partner at Bain & Company.

In March 2020, Accordion launched Maestro, a software platform designed to maximize value in private equity-backed companies.[8] Maestro would go on to be spun off and secured $7,200,000 in a Series A round of funding led by S&P Global Market Intelligence.[9]

In May 2021, the company acquired turnaround and restructuring firm Mackinac Partners.[10]

Early in 2022, Accordion acquired the Enterprise Performance Management (EPM) consulting firm Platform Specialists.[11] In June 2022, they announced their Dallas office expansion and move Uptown.[12]

Accordion Headquarters at One Vanderbilt, New York City

In August 2022, Accordion acquired ABACI, an Enterprise Resourcing Planning (ERP) and Enterprise Performance Management (EPM) consultancy.[13] The following month, FFL Partners sold their stake in Accordion to Charlesbank and Motive Partners.[14][15] In November 2022, Accordion Managing Director and Co-Head of their Western Region Rishi Jain was added to a team of advisors to help guide FTX through Chapter 11.[16]

In May 2023, Accordion acquired Merilytics, a Hyderabad, India–based provider of analytics, data management, and business intelligence services.[17]

In February 2024, Accordion acquired OperationsRx, a Charlotte, North Carolina–based operations and supply chain transformation advisory firm.[18] In addition, in July 2024, Accordion added ToneyKorf Partners, LLC., a turnaround and restructuring firm specializing in management and advisory services to the healthcare industry. [19]

In March 2025, Accordion acquired the Salesforce division of professional services firm Kavaliro.[20]

Additionally in March 2025, the company launched their European operations with the opening of a London office.[21] The expansion marked Accordion’s entry into the European market as a PE focused consulting partner specialized in CFO services.

## Office locations

[edit]

Accordion is headquartered at One Vanderbilt,[22] in New York City, with offices in Atlanta, Boston, Charlotte, Chicago, Dallas, Detroit, London, Los Angeles, San Francisco, South Florida, they also have an office in Hyderabad, India.[23]

## References

[edit]

1. ^ "Q&A: Discussing the evolving role of the portfolio company CFO with Accordion Partners". Pitchbook. May 20, 2016.
2. ^ "A Private Word With Nick Leopard". WSJ. September 6, 2016.
3. ^ "FFL Provides Growth-Equity Investment for Accordion Partners". WSJ. October 10, 2018.
4. ^ "Firm opens S.F. office to help private equity investors embrace tech's growth". San Francisco Business Times. June 13, 2017.
5. ^ "FFL Provides Growth-Equity Investment for Accordion Partners". WSJ. October 10, 2018.
6. ^ "Bain veteran named president of Accordion". S&P Global. April 30, 2019.
7. ^ "Accordion Announces New Operating Model to Support and Accelerate Growth". Business Insider. October 24, 2019.
8. ^ "Accordion Formally Launches Maestro, The First Software Platform Built to Maximize Value In Private Equity-Backed Companies". PR Web. March 4, 2020.
9. ^ "Maestro Secures $7.2 Million in Series A to Grow Portfolio Management Platform Built for Private Equity". PR Web. November 10, 2020.
10. ^ "Accordion Announces Strategic Acquisition of Turnaround and Restructuring Firm, Mackinac Partners". Yahoo. May 11, 2021.[permanent dead link]
11. ^ "Accordion Announces Strategic Acquisition of CFO Tech-Enablement Provider Platform Specialists". Yahoo. February 23, 2022.[permanent dead link]
12. ^ "Private equity consulting firm Accordion Partners takes Uptown office, eyes nearly doubled headcount". Dallas Business Journal. June 8, 2022.
13. ^ "Accordion Partners Acquires ABACI". Mergr. August 4, 2022.
14. ^ "FFL Sells Stake in CFO-Services Provider Accordion to Charlesbank, Motive". Wall Street Journal. September 8, 2022.
15. ^ "Charlesbank Capital and Motive Partners Invest in Accordion". The Middle Market. September 9, 2022.
16. ^ "FTX may have more than 1 million creditors". BankingDive. November 15, 2022.
17. ^ "Accordion to Buy Merilytics, as PE firms turn to value creation". PE Hub. May 8, 2023.
18. ^ "Accordion Announces Strategic Acquisition Of OperationsRx". PRWeb. February 20, 2024.
19. ^ jclupis (2024-07-17). "ToneyKorf Partners Team of Healthcare Turnaround and Restructuring Specialists Joins Accordion -". Retrieved 2025-05-06.
20. ^ "Accordion Announces Strategic Acquisition of Salesforce Division of Kavaliro". Epicos. March 10, 2025.
21. ^ "Accordion Expands Global Reach with Launch of European Operations". PRWeb. March 12, 2025.
22. ^ "How a Private Equity Firm Struck a Balance at 1 Vanderbilt". Commercial Observer. May 24, 2022.
23. ^ "Accordion to Acquire Data & Analytics Leader Merilytics". Yahoo. 8 May 2023. Retrieved August 16, 2023.

## External links

[edit]

* Accordion Official Website