Riveron acquires Conway MacKenzie
Business advisory firm Riveron has announced the acquisition of Conway MacKenzie, a consulting firm specializing in turnaround, restructuring, and operational improvement. The purchase will greatly improve Riveron’s ability to offer a full range of financial and operational consulting services.
The acquisition will also greatly expand Riveron’s geographical reach. Combined with Conway MacKenzie, the firm will now employ more than 500 people in 13 offices in the United States, offering services targeted to mergers and acquisitions; financial reporting; performance improvement; technology enablement; and finance operations.
“We’re thrilled to welcome the immensely talented Conway MacKenzie team to the Riveron family and enter the next phase of our growth journey together,” Landon Smith, Riveron founder and CEO. said. “Conway MacKenzie’s complementary services, diverse industry knowledge, and deep expertise in solving complex business problems will enable us to bring more robust, end-to-end solutions to our clients. Our comparable growth-oriented, entrepreneurial cultures will provide excellent career opportunities for our people and enable us to jointly expand into new service areas for clients.”
Conway MacKenzie was founded in 1987. At the time of its acquisition, it employed more than 100 people in nine offices across the US – Atlanta, Chicago, Cleveland, Detroit, Grand Rapids, Houston, Los Angeles, Miami, and New York. The firm will continue to operate under its brand. Full terms of the acquisition remain undisclosed, although Don MacKenzie – Conway MacKenzie’s founder and CEO – will lead Riveron’s national restructuring practice and join Riveron’s board of directors.
“The combination of Riveron and Conway MacKenzie marks a major advancement for both firms and enhances each firm’s core strengths,” he said. “Together, we will offer a broader range of advisory services to our existing and future clients, while retaining our shared vision of relentless dedication to client service. I look forward to our future and working together with Landon.”
Riveron, meanwhile, was founded in 2006 is headquartered in Dallas, Texas. It specializes in accounting, finance, and operations, and operates in markets including Atlanta, Chicago, Denver, Houston, Minneapolis, New York, and Washington, DC.
“The joining of our firms will enable us to take a ‘best of both’ approach to further pursue our growth ambitions, while retaining our commitment to clients above all else,” Jeff Zappone, senior managing director for Conway MacKenzie, said.
Zappone is set to take on the role of chief integration officer of the firm post-acquisition.
“Our collective resources will help us deliver an even stronger offering to clients and create a world-class platform for our teams. We will continue to invest in our existing capabilities, as well as build out new practices, grow our footprint strategically in new markets, and attract and hire the best and brightest talent to serve our clients,” he added.
