Wed, 14/11/2012 - 14:02
Financial services firm Accordion Partners has established a presence in Dubai.
In partnership with Eagle Investments, a Dubai-based investment advisory firm, Accordion will now be offering its operational and transactional support services to capital providers and corporate development groups in the Gulf region
“Over the past year, we’ve been diving into the large market opportunity for Accordion in the Middle East and neighbouring regions, and I’m now excited to announce the formal launch of our Dubai-based team, in partnership with Eagle,” says Nick Leopard, founder and chief executive of Accordion Partners. “Eagle is a well-respected and prominent player in the Gulf region and our partnership leverages their longstanding client relationships in the Middle East and Accordion’s unique transaction and operational execution services.”
In April 2012, Accordion Partners announced the completion of a capital raise led by a mix of institutional and high net worth investors, including Eagle Proprietary Investments.
“We strongly believe that Accordion’s unique ability to bring top-tier operational and transactional support to clients with greater cost efficiency, as compared to a typical investment bank or consulting firm, will be extremely appealing and fill a growing need in this robust market,” says Raj Dvivedi, chief executive of Eagle Investments. “We’ve invested in Accordion (through EPIL), plan on says their services ourselves, and are confident they will be successful here in the Middle East.”
Since its founding in 2009, Accordion has partnered with more than 90 private equity and corporate clients, including holdings of Providence Equity Partners, The Riverside Company, Symphony Technology Group, Toyota and the US Navy.
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