Cherry Bekaert, an assurance, tax and advisory firm and a portfolio company of Parthenon Capital, has acquired Cordia Partners and Cordia Resources.
Cordia Partners is a full-service provider of outsourced accounting, business advisory, technology and business process consulting services. Cordia Resources offers recruiting and staffing services for local and national clients. Combined, they have over 250 employees and approximately $48 million in total annual revenue.
“Cordia Partners significantly boosts our client accounting services capabilities and capacity, while Cordia Resources brings a completely new additive recruiting service to our current offerings,” states Michelle Thompson, chief executive officer, Cherry Bekaert Advisory LLC.
Clearsight Advisors Inc. acted as financial advisor to Cordia.