Daily News: June 13, 2012

Accordion Partners Wins ACG/M&A Advisor M&A Services Firm of Year

Accordion Partners announced that the firm won the ACG M&A/Advisor M&A Services Firm of the Year Award for the second consecutive year. The award, which honors outstanding achievements in the middle-market M&A industry, was officially announced at a gala dinner at Sotheby’s in New York on June 12.

Accordion, founded in late 2009, has worked to redefine the traditional concept of investment banking and turn it toward a more client-friendly and cost-efficient model. In the past two years, Accordion has partnered with more than 90 private equity and corporate clients.

AxialMarket, S&P Capital IQ and Merrill Datasite joined Accordion as finalists for M&A Services Firm of the Year.

This year’s M&A Services Firm of the Year Award comes as the latest in a series of accomplishments for Accordion, which saw its client base grow by 140% in the year leading up to the Awards. Earlier this year, Accordion completed a capital raise led by a mix of institutional and high net worth investors. Notable investors include Eagle Proprietary Investments Limited, a Dubai-based investment firm registered with the Dubai International Financial Centre (DIFC), with additional investments from strategic investors, including Peter Lehrman, of AxialMarket, and Alec Guettel, co-founder of Axiom Law.

“Taking home the title for the second year in a row is a huge testament to the people we’ve surrounded ourselves with. It’s all about the flywheel: build a great team, create value at every single client we choose to take on, and we’ll continue to re-segment the financial services industry,” said Nick Leopard, CEO of Accordion. “Thank you to all our employees, friends and clients who continue to recommend Accordion as a new resource to their peers in the industry. It’s so fulfilling to watch our team efficiently execute the most complex and critical initiatives with our clients.”

“We were extremely impressed by the level of talent, innovation and ground-breaking services offered by this year’s finalists for the M&A Services Firm of the Year Award,” said Roger Aguinaldo, CEO and founder, M&A Advisor. “We commend all of the companies in the group, but in the end, our independent judging panel of industry leaders chose Accordion for the second year in a row because of their dedication to providing efficiencies and driving growth within the M&A community. Accordion’s commitment and success in driving a new shift in financial services is extraordinary and we are pleased to present them with this award again in 2012.”

Accordion is a new model financial services firm delivering cost-effective deal and project execution services to private equity firms and corporate development groups.