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AUSTIN, Texas – (BUSINESS WIRE) – Consero Global LLC, a leading provider of Finance as a Service (FaaS), announced today that it has acquired BridgeView CFO Solutions, a San Francisco-based finance, accounting, human resources and business management company have parties. The combined company will have more than 800 employees serving over 150 customers across the country and around the world.
The acquisition expands Consero’s suite of solutions to include HR and payroll services for the existing customer base of companies with institutional support. And since BridgeView brings extensive expertise in finance and accounting solutions to financial services companies such as private equity and venture capital firms, as well as hedge funds, through this agreement Consero will be able to make its state-of-the-art FaaS platform available to both these organizations and portfolio companies of some of the same firms.
“BridgeView is a leader in outsourced accounting and business services to the financial services industry, so we are excited to welcome you to the Consero family,” said Scott Tynes, CEO of Consero. “Their expertise and solutions will not only complement and expand our offerings to customers, but as a combined company we will be able to reach even more medium-sized companies in need of professional financial and accounting support.”
“Consero’s innovative integrated software platform, including the SIMPL® financial management console, provides our investment management clients with valuable clarity and financial insight into their businesses,” said Diana McDonough, president of BridgeView CFO Solutions. “Our shared vision of helping customers so that they no longer have to worry about finances and instead concentrate on building their business is perfectly aligned. BridgeView and Consero also share an important goal in promoting a collaborative and engaged corporate culture. ”
“Our companies’ shared technology and vision for results and financial transparency for customers complement each other perfectly,” said Bill Klein, President of Consero Global. “This not only allows us to offer more solutions to a wider customer base, but this deal fits in perfectly with our growth plan to develop additional customer services both organically and inorganically.”
About Consero Global
Founded in 2006 by Scott Tynes, Bill Klein and Kiran Jagannath, Consero Global is disrupting the way companies build and maintain their finance and accounting functions. Through a cloud-based platform, Consero provides the financial clarity and efficiency needed to move a business forward. Strategic CFOs use Consero’s state-of-the-art Finance as a Service model to save time and understand the company’s performance. Serving more than 130 clients and their portfolio companies, Consero provides the control and insight needed to make businesses successful. Contact Consero Global for more information on how to better control your financial operations. More information at www.conseroglobal.com.
Learn about BridgeView CFO solutions
BridgeView CFO Solutions provides accounting, business advisory and administrative services to companies focused on investment and financial management. With expertise in the industry and a variety of interconnected cloud-based accounting solutions, BridgeView CFO’s services include everything needed to keep your business seamlessly in the background, so entrepreneurs can focus on their priorities. We take the “business of the business” off your plate so you can focus on the “business of the product”. More information at www.bridgeviewcfo.com.
Source: Consero Global LLC