
RoseRyan, an accounting and consulting agency based mostly in Newark, California, has been acquired by ZRG, a expertise advisory agency in New York funded by personal fairness.
RoseRyan has been working since 1993 and focuses on accounting for startups, company governance, interim options, and strategic tasks comparable to IPO readiness, SEC reporting, monetary planning and modeling, technical accounting, audit assist and mergers and acquisitions. Final 12 months, Accounting In the present day profiled the agency helmed by founder and chair Kathy Ryan and CEO Dave Roberson (see story). The agency additionally has a hashish accounting and finance consulting subsidiary Kukuza Associates, and Bizinta, a SaaS firm that was spun out of RoseRyan.
Dave Roberson and Kathy Ryan
The deal represents the most recent transfer by personal fairness within the accounting career. ZRG is a worldwide expertise advisory agency that operates within the Americas, Asia, Europe, and Australia, serving to purchasers with recruitment, utilizing its digital Zi expertise intelligence know-how for government searches, and is owned by personal fairness agency RFE Funding Companions. The deal expands ZRG’s consulting capabilities, including to its West Coast presence and providers for purchasers. Monetary phrases weren’t disclosed.
“We’re excited to hitch the rising household at ZRG,” Ryan mentioned in a press release Monday. “Becoming a member of a worldwide community of over 400 staff worldwide will assist our group stretch additional. We in flip will present further depth to ZRG, which suggests higher outcomes for RoseRyan and ZRG purchasers alike.”
“RoseRyan is understood for guiding firms to greatness, and that’s what we’re bringing to ZRG
as effectively,” mentioned Roberson in a press release. “We’re trying ahead to rising our capabilities by partnering with ZRG as we proceed to ship glorious options when our purchasers want them most.”
In latest months, a lot of personal fairness corporations have acquired stakes in accounting corporations, together with EisnerAmper, Citrin Cooperman, Schellman & Co. and CFGI. Parthenon Capital acquired RSM US’s wealth administration observe and Warren Averett’s asset administration subsidiary obtained funding from funding corporations Wealth Companions Capital Group and HGGC.
ZRG indicated the deal would enable it to supply assist to its purchasers within the areas of accounting and human assets. “The character of the workforce has developed and having even larger bandwidth within the finance and accounting consulting sector via RoseRyan is unbelievable,” ZRG CEO Larry Hartmann mentioned in a information launch. “This enhances our present interim group, led by Mark Viner, and in addition provides necessary consulting functionality to permit us to service a variety of purchasers, who want assist in accounting and HR.”
Viner, who’s president of ZRG Interim Options, mentioned in a press release, “It’s a nice win so as to add the skilled group at RoseRyan to ZRG. They bring about a longtime, trusted, model and a powerful group. We’re very blissful to be working collectively to carry our purchasers the very best service and expertise.”