PE Playbook: Accordion

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State of Play

If thereโ€™s one consulting firm that quietly prints money while staying out of the mainstream spotlight, itโ€™s Accordion.

During my PE days, our portcos spent millions with themโ€”everything from interim controllers to full ERP implementations.ย 

When Charlesbank bought Accordion in 2022 (after FFLโ€™s growth investment), it made perfect sense: their clients became their owners. Thatโ€™s product-market fit in private equity.

Letโ€™s unpack how a small consulting shop founded by an ex-banker quietly grew to become the go-to partner for over 300 PE sponsors.

Company History

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