The nation’s largest executive services firm, Tatum, and the on-demand financial services firm, Accordion, have established a partnership to bring private equity firms more efficient and effective ways of realizing value from their portfolio companies.
Online PR News – 21-July-2010 – – NEW YORK, NY-The nation’s largest executive services firm, Tatum, and the on-demand financial services firm, Accordion, have established a partnership to bring private equity firms more efficient and effective ways of realizing value from their portfolio companies. The partnership allows both firms to offer their clients an expanded scope of professional services, ranging from bolt-on M&A and analytical support to seasoned executive leadership.
“This partnership is the perfect melding of synergistic core competencies that deliver greater execution speed and solutions to the private equity funds and the portfolio companies that we serve,” said Joe Burkhart, Managing Director of Tatum Private Equity. “It provides for a deeper relationship with our clients, who will benefit from the combination of Tatum’s focus on the strategic initiatives of the Office of the CFO, paired with Accordion’s experienced private equity professionals serving clients with sophisticated analytical work.”
“What makes this partnership so unique is that we now have the unprecedented ability to provide our clients an entire suite of seasoned investment professionals that can lead strategic endeavors, ultimately driving an increase in enterprise value.” said Accordion CEO Nick Leopard. “Accordion has built a team of the very best professionals; alumni from the world’s top financial institutions, which are diverse across industry sectors and based throughout the country. This allows Accordion to respond quickly to client needs in order to assess and execute timely capital appreciation opportunities. Combining our capabilities with Tatum’s seasoned CFOs and CIOs makes for an even more powerful offering to clients.”
With the Tatum-Accordion partnership, both parties continue to leverage their reputations of optimizing the performance of portfolio companies of private equity funds, and together now offer clients an expanded service offering of analytical, managerial and strategic support. The teams at both firms are alumni from the world’s top business institutions and understand the specific challenges facing many PE portfolio companies. The partnership creates a dedicated team providing clients with all the resources necessary for the following:
• Due diligence
• First 100-day integration
• Liquidity situations
• Exit scenarios
• IPO/Sale readiness
• Ongoing operating models, investor/bank presentations & analytical work
“At a time when private equity firms are forced to make significant operational improvements to realize value from their portfolio companies, they need to quickly bring in the resources that can help craft and execute on those plans,” said Mr. Leopard. “Tatum understands the requirements of improving portfolio companies. We’re proud to partner with them in providing clients with unparalleled, knowledgeable private equity and investment banking professionals who can assist to rapidly improve value.”
Tatum is the nation’s largest executive services firm, with 37 offices nationwide. Tatum’s VELOCI-T Solutions for the C-Suite help senior executives resolve strategic, financial and technology challenges. For more information, visit www.tatumllc.com. Tatum is a division of SFN Group, Inc. (NYSE: SFN). SFN operates a family of specialty businesses providing strategic workforce solutions in professional services and general staffing.
About Accordion Partners
Accordion Partners, based in New York, is a firm of experienced investment banking and fund professionals deployed to clients on a project-by-project basis. Accordion provides unbiased, sophisticated, independent analysis with all the needed tools to efficiently assess and execute the most complex transactions, empowering clients with a new level of flexibility in managing and increasing deal flow, eliminating inefficiencies and keeping a firm handle on overhead costs.
Nick Leopard, Accordion Partners • p: 646.233.0131 • firstname.lastname@example.org • www.accordionpartners.com
Joe Burkhart, Tatum Private Equity • p: 703.917.1102 • TatumBusinessDevelopment@TatumLLC.com • www.TatumLLC.com