Citizens M&A Advisory served as the exclusive financial advisor to AcctTwo Shared Services, LLC, a provider of financial management software and solutions, on its acquisition by Baker Tilly US, LLP.

AcctTwo delivers curated and tightly integrated technology stacks of third-party and proprietary, vertically focused software solutions that automate and enhance the customer’s finance and accounting function. AcctTwo is a seven-time Partner of the Year of Sage Intacct. Baker Tilly is a leading advisory, tax and assurance firm with offices across the United States and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles and Chicago.   

Baker Tilly brings AcctTwo clients significantly more resources and capabilities coast-to-coast and internationally in tax, assurance and consulting. These now include best-in-class software and business process transformation as well as outsourcing a client’s entire finance and accounting function.

Marcus Wagner, founder and chief executive officer of AcctTwo, said: “The Citizens M&A Advisory team assisted us with the myriad of alternatives and helped secure the best possible outcome. Scott Rhodes and his team provided sound advice throughout the process, and their knowledge of the finance and accounting software industry was instrumental in telling our story to potential partners.”

Scott Rhodes, managing director at Citizens M&A Advisory, said: “We were thrilled to work with AcctTwo on the sale to Baker Tilly, which strengthens its software and digital strategy for its customers. We wish the teams at AcctTwo and Baker Tilly the best of luck in this new partnership.”