AC Lordi announces management buyback

By IVCPOST Staff Reporter

Jul 10, 2013 09:20 AM EDT

AC Lordi is a leading provider of accounting and risk management consulting and executive search. The company announced today a management buyback of a business unit from Chicago Growth Partners and Peppertree Capital.

According to the Chief Executive Officer and Managing Principal Frank Lordi, the re-acquisition of the firm was a logical decision. That is why when the opportunity rose to buyback the company, AC Lordi took the chance added Lordi. He also said that the return of local ownership for the firm offered greater flexibility in hiring and rewarding its employees. It also allowed the company to pursue strategic partnerships and other market opportunities.

AC Lordi was established in 2001. The company delivered over a million of accounting hours and risk management consulting services to clients. It has also placed hundreds of potential candidates in permanent position with some of the world's top companies. AC Lordi is headquarted in Greater Philadelphia and the Mid-Atlantic regions.

© 2024 VCPOST, All rights reserved. Do not reproduce without permission.

Join the Conversation

Real Time Analytics