Accounting Advisory News: Riveron Teams Up with Effectus

In the midst of a steady growth course, Riveron’s most recent stride has been its acquisition of San Jose-based Effectus Group, deepening the firm’s capability to address clients’ most pressing needs and deliver transformative value—especially in expertise related to Accounting Advisory.

Following the initial Business Wire announcement, Accounting Today broke the news with an in-depth piece on the two firms joining forces, highlighting that “the move bolsters Riveron’s presence in the San Francisco Bay area and builds its accounting, finance, and capital markets experience. Effectus includes alumni from the Big Four and offers managed accounting and risk advisory services.”

Riveron’s pivotal acquisition has been met with extensive coverage by other media outlets, echoing the significance of the venture in amplifying the company’s footprint and client-centric services:

A Growing Team of Advisory Professionals Focused on the Office of the CFO

Consulting Magazine reported how the acquisition benefits CFOs by lifting Riveron’s core accounting and finance capabilities. In addition, the International Accounting Bulletin showcased the strategic move by Riveron to improve its advisory prowess for the office of the CFO through the acquisition of Effectus. CPA Practice Advisor also mentioned the partnership, spotlighting how it fortifies the firm’s capability to cater to clients’ capital markets and accounting needs—on the West Coast and beyond.

Riveron’s Expanded Presence in Northern California

A mention in the daily digest of the San Francisco Business Times underscored the regional importance of the acquisition alongside major city updates. Consulting.us highlighted the acquisition’s impact on Riveron’s expansion in California and its reinforced accounting and capital markets offerings. AlternativesWatch reported on the acquisition, focusing on the extended footprint of Riveron’s offices in the San Francisco Bay Area and the combined team’s skills across core consulting capabilities. The AlternativesWatch article also noted how the acquisition supports an expanded focus on sectors with a strong presence in Northern California: “Mike Montgomery, CEO of Effectus Group, added that there is excitement to continue the firm’s work in the technology and life sciences sectors while leveraging Riveron’s strengths in private equity and broader office of the CFO capabilities.” As part of his new role at Riveron, Montgomery will serve as the firm’s Northern California Market Leader.

Riveron’s announcement has also been syndicated in several notable publications, including MSN, Associated Press, Morningstar, and Yahoo! Finance. Read the original release here. The acquisition follows several other successful business combinations in recent years, including Riveron’s acquisition of Yantra earlier in 2024.