Xylinx has acquired Pivot Business Group, combining Xylinx’s valuation, financial due diligence and transaction advisory capabilities with Pivot’s accounting, tax, bookkeeping and fractional CFO services.
The combined organization has 35 professionals and is designed to provide businesses with financial support spanning day-to-day accounting through growth, institutional investment and an eventual transaction or sale.
Xylinx serves privately held companies and private equity investors and provides valuation, financial due diligence and CFO services in the lower-middle market.
The company has represented hundreds of sellers in transactions involving companies with $1 million to $100 million of EBITDA and valuations of up to $500 million.
Pivot was founded by financial strategist Pam Jordan and focuses on helping entrepreneurs with fractional CFO, accounting, bookkeeping and tax services.
Jordan will remain a leader and public face of the business following the transaction, providing continuity to Pivot’s clients while expanding their access to Xylinx’s capabilities.
During a planned brand transition, the acquired business will operate as Pivot Business Group, powered by Xylinx.
KEY QUOTES:
“Pam and the Pivot team have built a strong business by making financial information approachable and actionable,” said Jeff Johnson, president of Xylinx. “By bringing our teams together, we can identify and fill financial gaps earlier, solve increasingly complex challenges and provide the expertise clients need throughout every stage of growth.”
Jeff Johnson, President of Xylinx
“Pivot has grown by helping business owners understand their numbers and make confident decisions,” said Pam Jordan, founder and CEO of Pivot. “Joining Xylinx allows us to preserve the trusted relationships and straightforward guidance our clients value while giving them access to greater capacity and a higher level of tax and financial expertise as their needs evolve.”
Pam Jordan, Founder and CEO of Pivot Business Group
