Campbell, Calif.-based IPA 200 firm Abbott Stringham & Lynch (FY24 net revenue of $34.3 million) has acquired San Jose, Calif.-based finance and accounting solutions firm ArightCo, expanding the firm’s client accounting and advisory capabilities.
Founded in 2008, ArightCo provides outsourced finance, accounting and strategic advisory services to mid-sized organizations in the technology, SaaS, IT, manufacturing and nonprofit sectors. Its services range from bookkeeping support to CFO-level advisory services.
ASL said the acquisition expands its outsourced finance and accounting offerings for existing and future clients. “We are thrilled to welcome the ArightCo team to ASL and to further enhance our client accounting services with outsourced finance and accounting solutions,” said Deepa Bhat, managing principal of ASL. “By joining forces with ArightCo, we are expanding the breadth and depth of services we provide to our mutual clients, while advancing our shared commitment to delivering exceptional service and trusted advice.”
Sushama Chowdhury, co-founder of ArightCo, said the combination will provide clients with expanded resources and broader service capabilities. “This partnership allows us to further support our clients by offering expanded resources, deeper expertise and a broader range of services as their needs continue to evolve,” Chowdhury said.
Categories: Mergers & Acquisitions, Services/Niches, IPA Top Firms
