Partnership strengthens Accume’s market position and supports strategic growth
New York, December 10, 2014 - Nadavon Capital Partners (Nadavon), a specialty investment holding company with deep expertise in building and growing banking and financial service providers, today announced the acquisition of Accume Partners (Accume), a leading provider of internal audit, regulatory compliance, technology and risk management services focused on banking and financial industries. Accume is recognized for being the largest independent provider of such services in the Northeast and Mid-Atlantic regions, and its new affiliation and partnership with Nadavon sets the foundation for its continued growth and innovation in serving the ever changing regulatory and risk mitigation needs of its clients.
Members of Accume’s executive team will invest alongside Nadavon and no changes in management are anticipated. Nadavon, whose principal investor is Romir Bosu, founded and grew Compushare into a national financial technology provider serving the needs of hundreds of community financial institutions. Financial terms of the transaction were not disclosed.
Accume’s Chief Executive Officer, Mark Lindig, said, “We are thrilled to be teaming with Nadavon, Mr. Bosu and his partners. Their experience in serving the needs of our clients, and track record for innovation in meeting those needs, will be a powerful enhancement …