US-based Aline Accounting Partners has secured $206m in financing to support its growth and expansion strategy.
The financing was led by private investment firm Square Nine Capital.
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
In a statement, Aline said the financing represents a “significant milestone” in its “continued expansion” and will support in building “a leading accounting and advisory platform”.
The company intends to use the funds to refinance existing debt as well as for corporate acquisitions alongside organic growth initiatives.
Proceeds will also fund investments in staff recruitment, technology, and broader service lines.
Aline Accounting Partners co-founder and CEO Matt Lender said: “This is an exciting milestone in Aline’s growth journey.
“This financing strengthens our ability to execute our growth strategy while staying focused on what matters most-empowering our teams, expanding our capabilities and delivering exceptional value to our clients.”
Aline was established in August 2024 following the merger of three independent practices. It provides accounting, tax, business consulting and transaction advisory services.
Square Nine principals Christopher Brown and Griffin Coakley said: “Aline has built a strong foundation for growth by bringing together established accounting firms and investing in the resources that help them thrive,
“We are pleased to lead a financing that supports these acquisitions and provides flexibility for continued expansion.
“We look forward to partnering with Aline team as the organization grows and expands its capabilities.”
Square Nine offers “flexible capital solutions” to middle-market companies. On this deal, Polsinelli advised Aline, while Paul Hastings represented Square Nine as legal counsel.
