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Accume has a firmwide focus on the banking industry and its emerging issues and assists clients to meet their business and regulatory challenges.
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Accume Partners has been providing clients internal audit, regulatory compliance and risk management services for almost two decades.
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We offer dedicated practices and customized solutions to the banking and financial services industry.
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NADAVON CAPITAL PARTNERS ACQUIRES ACCUME PARTNERS

Partnership strengthens Accume's market position and supports strategic growth

New York, NY, 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 to our strategic direction and focus on the financial market."  Lindig added, "Our clients are committed to meeting the audit, compliance and risk management demands of today and the future.  This combination enables Accume to continue exceeding those demands by providing innovative solutions over time."

Romir Bosu said, "Nadavon is excited to invest and partner with a firm of Accume's unique and distinguished credentials.  As a former client, I can attest to their professionalism, quality of work, and competitiveness in the marketplace.  Their leadership and team of professionals are amongst the most experienced in the industry and their focus on banking and financial services is an industry I have contributed to for almost 20 years.  I am looking forward to working with Mark and Accume's leadership team to innovate and explore new ways of meeting the evolving needs of their clients."

For a copy of this press release, click here.