Boston, MA – September 15, 2014
Corporate Finance Group, Inc. (CFGI), a specialized financial consulting firm, announced today that it has closed an equity investment and partnered with Flexpoint Ford, LLC, a private equity firm focused on the financial services and healthcare sectors. The partnership with Flexpoint Ford will provide CFGI with the capital and resources to accelerate growth and expand the Company’s service offering and geographic footprint.
CFGI is a specialized financial consulting firm that assists companies through a range of routine and complex business needs. Founded in 2000 by two former Big 4 professionals, Nick Nardone and Shane Caiazzo, CFGI is an established industry leader with the resources to successfully navigate today’s complex technical accounting, financial reporting, tax, and compliance landscapes. With a proven 14-year track record, CFGI has assisted hundreds of clients across multiple industries and has positioned itself as a trusted, valuable extension of an organization’s finance team.
Reflecting on the new partnership, Nick Nardone stated, “Over the years, our exceptional team at CFGI has built a unique culture and value proposition that is the foundation of our success. We are very excited to partner with Flexpoint Ford and believe that their deep industry expertise coupled with our shared vision for the future will enable CFGI to more rapidly introduce our business model and brand on a national stage.”
Chris Ackerman, Managing Director of Flexpoint Ford, sees great potential in CFGI and believes their high-caliber expertise and proven model is a true differentiator. Ackerman commented, “As a private equity firm that has invested in businesses with varying finance and accounting needs, we are frequent users of these services and strong believers in the CFGI value proposition. We are impressed by their ability to attract and retain the highest performing professionals in the industry. Their focus on quality and passion for client service has translated into a unique service delivery model and a very high level of customer loyalty. We look forward to developing a successful and longstanding partnership that further strengthens an already compelling business and culture at CFGI.”
CFGI has offices in Boston and New York, and employs over 100 professionals with Big 4 public accounting expertise that can fulfill a variety of client needs without the restrictions of auditor independence. The Firm will continue to be led by its four existing Partners and team of Managing Directors. CFGI will operate as an independent company and maintain its emphasis on providing unique and highly specialized financial consulting solutions.
CFGI Partner, Shane Caiazzo, commented, “The opportunity to partner with a successful private equity firm such as Flexpoint Ford is a testament to the entire CFGI team, whose depth of expertise and passion for serving our clients has brought CFGI to where it is today. CFOs continually need access to technical expertise and high-quality resources, but free from the restrictions of auditor independence. Our unique approach to providing non-audit technical and advisory services has proven valuable to our clients who strive to keep up with changing regulatory complexities. With Flexpoint Ford’s capital, resources, and experience partnering with management teams to grow businesses, we will continue to build out our national expertise and be able to achieve a pace of growth and scale that is the logical next step for CFGI.”
Founded in 2000 by former Big 4 professionals, Corporate Finance Group, Inc. (CFGI) is an established industry leader with the resources to successfully navigate today’s complex accounting, reporting, tax and compliance landscape. An assemblage of top-flight professionals with in-depth public accounting expertise, CFGI is able to fulfill a variety of client needs without the restrictions of auditor independence. For more information, please visit www.cfgi.com.