Credit: Answerport website John Cordio
Mequon-based management and technology consulting firm Answerport has been acquired by Minneapolis-based CliftonLarsonAllen LLP, according to a news release Wednesday.
Answerport works closely with private equity firms and the companies they invest in. Its team helps organizations set up technology systems after acquisition, separate systems when a company is carved out of a larger organization, integrate systems after mergers and manage ongoing IT operations once the transition is complete.
“Technology is often one of the biggest hurdles when companies are bought, sold or combined,” said John Cordio, CEO and founder of Answerport. “Joining CLA allows us to work alongside a broader team of financial and business advisors so clients can move through those moments faster and with even greater confidence.”
Answerport will continue serving private equity firms and portfolio companies while working with CLA professionals across the firm’s national network.
“Major business transactions often create complex technology challenges,” said James Watson, chief solutions officer for CLA. “By adding Answerport’s experience and capabilities, we can help our clients manage those transitions more smoothly, from the financial and operational planning all the way through the technology systems that keep their businesses running.”
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View all postsElizabeth Morin is a writer based in Virginia Beach. She is passionate about local sports, politics and everything in between.
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