Latest news with #AbryPartners
Yahoo
4 days ago
- Business
- Yahoo
Burgess Hodgson secures investment from Abry Partners
UK accountancy and advisory company Burgess Hodgson has secured an undisclosed investment from US private equity group Abry Partners. The Kent-based firm caters to fast-growing small and medium-sized enterprises (SMEs) and individual customers across the UK. Established in 1938, Burgess Hodgson, with headquarters in Canterbury, offers accounting and advisory services to more than 5,000 SME clients. The firm's team of more than 200 professionals delivers a broad range of services, including audit, tax, accounts advisory, outsourced finance, payroll, and corporate advisory solutions. Abry said the investment represents a key step in the professional services provider's expansion plans, offering both strategic guidance and financial backing to scale the business. The partnership aims to extend the firm's geographic reach, strengthen its digital infrastructure, and support selective acquisitions as it evolves into a larger, multi-regional advisory platform. Burgess Hodgson's leadership and partners will maintain significant equity ownership and will continue to guide the firm's strategic direction. As part of the investment, Mark Pacitti, former global leader of Deloitte's Corporate Finance Advisory practice and past chairman of the ICAEW Corporate Finance Faculty, will join the board of Burgess Hodgson as non-executive chairman. The transaction's completion is contingent upon customary regulatory approvals. Continuum Advisory Partners is acting as the exclusive financial advisor to Burgess Hodgson, while Hines Associates and Paul Hastings (Europe) are advising and providing legal counsel to Abry Partners. "Burgess Hodgson secures investment from Abry Partners" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
12-03-2025
- Business
- Associated Press
AVALT Announces Hire of James Scola as Partner; Expands Investment Focus Into Professional and Technology Services Sectors
AVALT, a Boston-based private investment firm, is pleased to announce that James Scola has joined the firm as a Partner and member of the Investment Committee in its newly formed Professional & Tech Services vertical. Mr. Scola will help to co-lead AVALT's middle market investments in the sector, which will complement AVALT's existing and highly successful Commercial & Industrial Services vertical strategy. 'It's a pleasure to welcome James to AVALT,' said Ian Reynolds, a co-founding Partner at AVALT. 'The build-out of our Professional & Tech Services vertical represents an exciting step forward for AVALT as we continue to find more ways to match our patient, long-term capital with great companies to form enduring partnerships in support of growth. We look forward to James's contributions as he joins us in bringing this proven and disciplined approach to additional sectors and businesses.' The Professional & Tech Services vertical will focus on supporting growth-oriented businesses in a variety of end markets within the knowledge economy. These include IT services & technology enablement, professional advisory services (including financial services), as well as vertical market data and software. Mr. Scola brings more than 16 years of private equity and investment banking experience, joining AVALT from Abry Partners, where he was a Partner and co-led the firm's Financial Services & Technology buyouts team. In that role, he was responsible for sourcing and leading control stake and growth investments in retirement services, wealth & asset management, risk & compliance services, insurance, and vertical software/tech-enabled services, and was also closely involved with recruiting and developing talent for the firm. Mr. Scola previously served in the investment banking division of Credit Suisse. Mr. Scola holds a BA in Economics, summa cum laude, from Providence College. 'AVALT has built a truly differentiated investment approach for founders and management teams seeking a partner to scale, and I'm excited to join the firm at a time of strategic expansion,' said Scola. 'The firm's long-term, hands-on commitment to building businesses the right way aligns perfectly with my investment philosophy. I welcome the opportunity to co-lead our efforts in the Professional & Tech Services space and work closely with my colleagues and our management teams to drive true value creation.' 'James's addition to the team comes at an exciting time, as we advance to implement our long-term growth strategy for AVALT,' said Marko Kivisto, a Partner and co-founder of AVALT. 'We remain thoroughly committed to being highly supportive of the businesses in which we invest, helping them scale to becoming category leaders, and the addition of James will help us to accelerate our pace in an effort to expand the number of companies we can support with our platform.' About AVALT AVALT is a Boston-based private investment firm that partners with middle-market businesses to create long-term value. With a team of experienced investors and operators, AVALT focuses on building exceptional companies in Commercial & Industrial Services and Professional & Tech Services industries. AVALT builds truly collaborative partnerships with management teams, lending their decades of private equity and industry experience to drive growth and positive change in these businesses. Unlike traditional private equity firms, AVALT invests only its own capital, allowing for a flexible, long-term investment horizon. To learn more, please visit . Gregory FCA SOURCE: AVALT Copyright Business Wire 2025. PUB: 03/12/2025 06:30 AM/DISC: 03/12/2025 06:30 AM
