April 12, 2012
SCOTTSDALE, AZ – Montage Partners, a Scottsdale, Arizona-based private equity firm, is pleased to announce it has acquired Bank of America Corp.’s Equity Methods consulting division (“Equity Methods” or the “Company”) in partnership with the Company’s senior leadership team led by Takis Makridis, Paul Leisey, Nathan O’Connor and Grant Wright. Founded in 1998 and headquartered in Scottsdale, Arizona, Equity Methods provides customized stock-based compensation reporting and valuation services to assist publicly-traded companies with complex employee stock compensation plans in meeting the reporting requirements under generally accepted accounting principles in the United States (“US GAAP”).
US GAAP standards can require highly customized solutions for companies that issue complex equity awards such as stock options, warrants, and restricted stock. Equity Methods is the international leader in equity compensation compliance solutions serving companies that range from emerging growth companies to the largest and most well-recognized companies in the world, including more than 20% of the Fortune 100 and 1,000.
In addition to providing the capital required in connection with the acquisition, Montage Partners provided additional equity to support investment in industry leading IT and personnel, enabling Equity Methods to continue its growth while ensuring the highest standards of accuracy and service in the industry.
Montage Partners was represented by the law firm Osborn Maledon, P.A.
About Montage Partners
Founded in 2004 and located in Scottsdale, Arizona, Montage Partners is a private equity firm that invests in established companies in the western U.S. with EBITDA between $1 million and $5 million. Above all other investment criteria, Montage Partners invests in exceptional people. Montage Partners provides liquidity to those who have spent years of their life building great companies, protects those companies through a transition of ownership and supports the next generation of a company’s leadership in executing on growth initiatives. For more information, please visit www.montagepartners.com.