NEW YORK - Wednesday, November 14th
2012 [ME NewsWire]
(BUSINESS WIRE/ME
NewsWire)-- Accordion Partners, a specialized financial services firm driving
value for investment companies, corporations, banks, Sovereign Wealth Funds and
family offices on a uniquely flexible and cost-efficient model, today announced
the launch of its Dubai presence. In partnership with Eagle Investments Limited
(EIL), a Dubai-based investment advisory firm registered with the Dubai
International Financial Centre (DIFC) and regulated by the Dubai Financial
Services Authority (DFSA), Accordion aims to bring its unique model to the
Middle East. EIL will represent Accordion’s services in the region, enabling
Accordion to deliver its deep transactional and operational expertise to
capital providers and corporate development groups in the Gulf region.
"Over the past year, we’ve been
diving into the large market opportunity for Accordion in the Middle East and
neighboring regions, and I’m now excited to announce the formal launch of our
Dubai-based team, in partnership with Eagle,” said Nick Leopard, Founder and
CEO of Accordion Partners. "Eagle is a well-respected and prominent player in
the Gulf region and our partnership leverages their longstanding client
relationships in the Middle East and Accordion’s unique transaction and
operational execution services. This is truly an underserved market that needs
access to high-caliber, but cost-efficient, advisory services. Whether it’s
advising on new investments, leading critical operational initiatives for
US-based holdings, or providing on-the-ground deal teams in the Middle East, we
look forward to working alongside a host of investment groups in the GCC.”
In April 2012, Accordion Partners
announced the completion of a capital raise led by a mix of institutional and
high net worth investors, including Eagle Proprietary Investments Limited.
"We strongly believe that
Accordion’s unique ability to bring top-tier operational and transactional
support to clients with greater cost efficiency, as compared to a typical
investment bank or consulting firm, will be extremely appealing and fill a
growing need in this robust market,” said Raj Dvivedi, CEO of Eagle Investments
Limited. "We’ve invested in Accordion (through EPIL), plan on using their
services ourselves, and are confident they will be successful here in the
Middle East.”
"We look forward to extending the
success we have enjoyed here in the United States to Middle Eastern clients,”
continued Leopard. "We recognize the unique need in this market, and as a young
company, we plan to continue to identify geographic and asset class areas that
are underserved. We will bring our team’s wealth of experience and
differentiated model to those markets. It’s an exciting time of expansion for
Accordion and we’d like to thank our shareholders and clients for their support
as we grow and capitalize on this new model in finance.”
Since its founding in 2009,
Accordion has partnered with more than 90 private equity and corporate clients,
including holdings of Providence Equity Partners, The Riverside Company,
Symphony Technology Group, Toyota and the United States Navy. The Accordion
team, comprised of top-tier investment banking, private equity and consulting
trained professionals and veteran CFOs with sponsor-backed experience, possess
the expertise and resources needed to help clients accelerate and execute
deals, assess new opportunities and improve operations. Accordion Partners has
been awarded the M&A Services Firm of the Year by M&A Advisor and the
Association for Corporate Growth for the past two consecutive years and, in
early 2012, Accordion CEO, Nick Leopard, was selected as a Winner of the
2012 40 Under 40 East M&A Advisor Recognition Awards.
About Accordion Partners
Accordion is a specialized financial
services firm driving value across private equity portfolio companies and
investment firms’ holdings on a uniquely flexible and cost-efficient model. Our
corporate finance professionals and CFO partners can deploy rapidly to fill
urgent operational and transactional requirements. Clients turn to Accordion as
an in-house team to execute highly-analytical operational projects and to lead
mergers and acquisitions, capital raises and refinancings. By deploying its
team of former investment banking and fund professionals to clients, in a
project-oriented and variable cost manner, Accordion provides an efficient and
effective alternative to traditional financial services firm. Since inception,
Accordion has worked globally to realize more than a 50% reduction in
transaction and deal team fees for its clients.
To learn more about Accordion,
please visit www.accordionpartners.com.
About Eagle Proprietary Investments
Limited
Eagle Proprietary Investments
Limited (EPIL) is a globally diversified direct investment vehicle with a focus
on the financial and financial technology sectors. EPIL is registered in the
Dubai International Financial Centre (DIFC).
About Eagle Investments Limited
Eagle Investments Limited (EIL) is a
financial advisory practice offering Capital Markets, Financing &
Restructuring Advisory and M&A Advisory. EIL is registered in the DIFC and
regulated by the Dubai Financial Services Authority.
Contacts
BackBay Communications
Miles Hill, 212-209-3844 x 4
miles.hill@backbaycommunications.com
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