AchieveNext Inks Joint Venture Deal With Centri Business Consulting to Stimulate M&A Activity
Two Philadelphia firms come together to spur Middle Market M&A activity
Philadelphia, PA, June 28, 2017 (Newswire.com) - AchieveNext is pleased to announce the formation of a joint venture with Centri Business Consulting, LLC to provide a suite of technical finance and strategic accounting services to address the increasing need of its CFO Alliance Community and other Middle Market Companies.
Within the competitive landscape of mid-market M&A transactions, functional business processes become more critical to driving performance, corporate growth and ultimately valuations. With offices in Pennsylvania, New York and Colorado, Centri provides customized technical and strategic accounting, compliance and transactional support expertise that enhances the value of the finance department through people, process and technology.
"Businesses of all sizes can benefit from Centri's financial acumen. From growth stage CFO advisory services to an IPO, Centri adds value at every point in the business lifecycle. We are thrilled to add Centri to our unique professional services network which strives to improve top line, bottom line and shareholder value performance in increasingly uncertain times. The combination of Centri’s technical and strategic accounting services complements our recently announced partnership with Risk Cooperative and Ridge Global for risk management solutions,” said Nick Araco, Chairman and CEO of AchieveNext."As a career investment banker, it is easy to express the value Centri brings to a transaction, not only in terms of valuation but also time and certainty to close. I couldn't ask for a better partner to support AchieveNext's M&A and strategic capital initiatives."
“The decision to partner with AchieveNext is an opportunity to enhance value for the most dynamic segment of the American business environment, the middle market. Our advisory services encompass financial reporting, internal control, corporate governance, technical accounting and, perhaps most important to The CFO Alliance membership is M&A readiness and due diligence capabilities. These services will help those companies seeking an exit, or will strengthen their position when consummating an acquisition. We are thrilled to have partnered with such a dynamic and forward-thinking organization,” said Michael Aiello, Centri’s Managing Partner.
The partnership underscores a deep commitment to building one of the world’s most unique professional and enterprise membership networks, focused on individual professional readiness and organizational resilience. The suite of accounting and finance solutions being designed and curated by Centri supports The CFO Alliance mission: To provide value across the entire spectrum of human capital, corporate development and strategic risk management.
AchieveNext, LLC, headquartered in Wayne, Pennsylvania, is a boutique career, executive, and board services firm serving both public and private, predominantly mid-market corporations and organizations in North America. AchieveNext® is also the parent company of The CFO Alliance, a professional community of more than 7,000 Chief Financial Officers from middle-market companies across North America ranging from $10 million to over $1 billion in revenue. For more information, visit AchieveNext® at http://www.AchieveNext.com.
About Centri Business Consulting, LLC
Centri Business Consulting, headquartered in Philadelphia, Pennsylvania, is dedicated to providing the highest quality finance and accounting consulting services to its clients by being reliable and responsive to their needs. Centri provides companies with the expertise they need to meet their strategic accounting and reporting demands. From complex technical accounting transactions to periodic financial reporting, our professionals can offer any organization specialized expertise and multilayered skill sets to ensure the work gets done right. Centri specializes in financial reporting, internal controls, technical accounting research and strategic transaction and accounting advisory services for companies of various sizes and industries. For more information visit Centri at http://www.CentriConsulting.com.
Source: Greg Wood, AchieveNext