Salt Lake City, March 6, 2024
Platform Accounting Group is thrilled to announce it was selected as the Utah’s Association for Corporate Growth’s 2023 Private Equity Deal of the Year for the investment Cynosure made in Platform.
The Deal of the Year awards look to recognize companies and investors for deals that created a substantial return on investment, demonstrate a significant contribution to the strategic development of the business and have a positive impact on the state or broader business community.
Platform Accounting Group received the award in recognition of the $85 million minority funding round led by Cynosure Group. The funds will support Platform’s continued acceleration and investment in its people, expansion and service offering.
The Utah-based company acquires and supports the operation of boutique professional services firms that are focused on providing services including tax compliance, attest, outsourced accounting, and soon wealth advisory services to individuals and small businesses.
Platform’s unique model provides staffing, enterprise-grade technology and processes and best-in-class operational support to local teams while preserving the dynamics and autonomy of small office cultures. The company was founded in 2015 and has helped accounting and professional services firms across the country thrive in a rapidly changing industry and world.
About Platform
Platform is a professional services organization created to preserve the dynamics of small firm cultures while incorporating the technology and connectedness of the 21st century. We offer local professional services teams enterprise-grade resources, capabilities and support so they can focus their time and energy on personal, high-touch relationships with their clients.