In The News

Platform Accounting Group Secures $85 million in Funding Led by The Cynosure Group

February 6th 2024

The funds will support the company’s continued mission to preserve boutique accounting firms across the U.S. and help them expand their list of service offerings.

Salt Lake City, Utah – February 6, 2024

Platform Accounting Group announced the close of an $85 million minority funding round, led by Cynosure Group.

Cynosure Group led the funding round, with continued participation and support from early investors Swell Capital out of Salt Lake City, Utah and Peery Partners out of Palo Alto, Calif.

The Utah-based Company acquires and supports the operation of boutique professional services firms that are focused on providing tax compliance, attest, outsourced accounting, ERP consulting 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.

Link to full article here.

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