CliftonLarsonAllen (CLA), a US-based accounting and professional services firm, has augmented its technology advisory services by incorporating the Answerport team into its operations. Answerport, established in 1999 and based in Milwaukee, Wisconsin, specializes in managing technological transitions related to business deals, including mergers, acquisitions, and carve-outs. The firm primarily serves private equity firms and their portfolio companies.
The integration aims to enhance CLA’s digital solutions and broaden technology-focused services for clients navigating complex transactions. John Cordio, Answerport’s founder and CEO, stated that technology often presents significant challenges during company sales, purchases, or combinations. Joining CLA will provide Answerport with access to a broader network of financial and business advisors, enabling clients to execute critical transitions more efficiently.
The collaboration will offer clients a unified team capable of addressing both financial and IT challenges. This combines Answerport’s technology expertise with CLA’s strengths in accounting, tax, consulting, and transaction advisory services. James Watson, CLA’s chief solutions officer, emphasized that this addition will facilitate smoother management of complex technology issues during major business transactions, from financial and operational planning to the underlying technology systems essential for business operations.