Accordion Partners has promoted Sonny Thadani to chief of staff, and Mow Wong to chief operating officer. New York-based Accordion Partners provides deal and project execution services to private equity firms.
Accordion Partners, a new model financial services firm delivering cost-effective deal and project execution services to private equity firms and corporate development groups, today announced the promotions of two senior executives at the company. Sonny Thadani will step into the role of Chief of Staff, while Mow Wong takes over as the new Chief Operating Officer.
In the Chief of Staff role, Sonny will lead the recruiting, talent development, prospecting and engagement management process at Accordion. Sonny moves into the new position from his previous role as Vice President of Business Development at Accordion. Prior to joining Accordion, Sonny led a real estate investment sales team at real estate firm BHS, where he focused on client development and investment strategy. He also co-founded ECS, an executive search and consulting start-up focused on finance, technology and healthcare.
As Chief Operating Officer, Mow will lead new client/product channel development at Accordion, the financial matters at the company and the quality control of output to clients. Mow steps into the new position after serving as a Director at Accordion. Prior to joining Accordion, Mow was a consultant for Solaia Capital Advisors LLC, an operationally-focused private equity sponsor making control investments in middle market companies. Before that, he was Vice President in the FIG Investment Banking group at Bear Stearns, where he completed several capital raisings, including initial public offerings, secondary offerings and forward sale equity agreements.
The promotions come on the heels of a string of recent successes for Accordion. Last month, the firm announced the completion of a capital raise led by Eagle Proprietary Investments Limited, a Dubai-based investment firm registered with the Dubai International Financial Centre (DIFC), with additional investments from strategic investors, including Peter Lehrman, of AxialMarket, and Alec Guettel, co-founder of Axiom Law.
“I’m thrilled to announce these promotions that reflect the roles and responsibilities taken on by key leaders of our team, Sonny and Mow, throughout our early growth,” said Nick Leopard, Founder and CEO of Accordion. “Sonny and Mow have both been phenomenal assets to the company, and their hard work has helped Accordion to become a pioneering new model in the financial services industry. I look forward to seeing their leadership shape the company in years to come.”
About Accordion Partners
Accordion is a new model financial services firm delivering cost-effective deal and project execution services to private equity firms and corporate development groups. Clients turn to Accordion as an in-house team to execute highly-analytical operational projects and to lead mergers and acquisitions, capital raises and refinancings where an investment bank is often unneeded, but where clients traditionally had nowhere else to turn. By deploying its team of former investment banking and fund professionals to clients in a project-oriented and variable cost manner, Accordion provides an efficient and effective alternative to the often-prohibitive fee structures of investment banks and management consultancies. Since inception, Accordion has worked globally to realize more than a 50% reduction in transaction and deal team fees for its clients.