Houston, TX, December 5, 2018 – AcctTwo has acquired Leap the Pond bringing together two of the most successful Sage Intacct partners. The combined company with more than 100 team members has delivered managed accounting services, accounting software, and custom-developed applications to the finance and accounting teams at more than 800 organizations throughout the United States, Canada, Europe, and Australia.
"This acquisition demonstrates our shared commitment to delivering innovative, cloud-based solutions to high-growth, middle market organizations and not-for-profits," said Marcus Wagner, CEO of AcctTwo. “AcctTwo and Leap the Pond share the same goal: to empower finance and accounting leaders to become growth enablers and change agents within their organizations. I could not be more excited about bringing these two great organizations together."
As the adoption of cloud-based applications within middle market organizations accelerates, the combination of these two market leaders will allow AcctTwo to create even more tailored solutions to key vertical markets like software and technology, energy and industrial, nonprofits and faith-based, biotech, commercial services, and residential care. It will also allow AcctTwo to bring its delivery capability closer to its customers through geographic expansion.
“My partners, Nancy Fliss and Andrea Low, and I have known the team at AcctTwo for more than five years and have collaborated on a number of projects together,” said David Furth, President and co-founder of Leap the Pond. “Our two companies could not be more alike - we have similar offerings, our people share the same values, and we do not rest until our clients are receiving the results they expect.”
Both AcctTwo and Leap the Pond have been recognized for their leadership in the space and their overall success. They are both on Accounting Today’s VAR 100 and the 2018 Inc. 5000. They have each been recognized over multiple years by Sage Intacct as a top partner – Overall Partner of the Year, VAR Partner of the Year, and Managed Accounting Service Partner of the Year. Additionally, both have been recognized in their respective markets as two of the fastest growing companies – AcctTwo by The Houston Business Journal and Leap the Pond in Marcum’s Tech Top 40 for Connecticut.
AcctTwo will continue to build on these successes to design and deliver the best cloud-based solutions for the accounting and finance community. Please contact AcctTwo with questions or to find out more.
Delivering the future of finance and accounting, AcctTwo is a leading consulting firm and provider of Managed Accounting Services. Our sophisticated systems solve the issues growing middle market companies and nonprofit organizations face today. AcctTwo is also a reseller of cloud-based accounting, ERP, Financial Planning & Analysis (FP&A), and Corporate Performance Management (CPM) software. We provide the people, processes, technology, and office facilities to perform these functions while allowing clients to collaborate interactively through an online portal.
AcctTwo is headquartered in Houston, Texas and has been named Sage Intacct’s overall Partner of the Year from 2014 through 2018. For more information, please visit www.accttwo.com or call 713-744-8400.
Contacts:Peter WagnerDirector of MarketingCell: 512.415.6846Email: firstname.lastname@example.org
Messages from Leadership:
Marcus Wagner, CEO of AcctTwo, on the acquisition of Leap the Pond by AcctTwo